Complete pricing procedure

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Accepted Answer

A pricing procedure is a set of condition types and their sequence used to determine the final price of a product or service in SAP SD.

A pricing procedure consists of multiple condition types that define the pricing elements such as discounts, surcharges, taxes, etc.
Each condition type is assigned a calculation formula and access sequence to determine its value.
The condition types are arranged in a sequence to determine the order in which they are applied.
The pricing procedure is assigned to a sales document type and customer pricing procedure to determine the final price.
Example: A pricing procedure may include condition types like base price, discount, freight charges, and tax.

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