release strategy and pricing procedure explain

Question

Accepted Answer

Release strategy determines the approval process for purchasing documents, while pricing procedure determines how prices are calculated in SAP MM.

Release strategy is used to define the approval process for purchase requisitions, purchase orders, etc.
It involves setting up release codes, release groups, and release indicators to determine who can approve a document.
Pricing procedure is used to determine how prices are calculated for materials and services in SAP MM.
It involves setting up condition types, access sequences, and calculation formulas to determine the final price.
Release strategy and pricing procedure are both important components of SAP MM that help streamline the procurement process and ensure accurate pricing.
For example, a release strategy may require approval from a manager for purchase orders over a certain amount, while a pricing procedure may calculate discounts based on quantity purchased.

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