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SAVIC Technologies
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Pricing is integrated with Sales and Distribution, Materials Management, and Financial Accounting modules.
Pricing is integrated with Sales and Distribution module to determine the final price of a product or service.
It is also integrated with Materials Management module to determine the cost of goods sold.
Pricing is integrated with Financial Accounting module to determine the revenue and profit of a company.
The integra...
Account key is used to determine GL account for revenue, discounts, taxes, etc. in SAP SD module.
Account key is a 2-character alphanumeric code used in pricing procedure
It determines which GL account will be used for various pricing elements like revenue, discounts, taxes, etc.
Account key can be customized as per business requirements
Examples of account keys are PR00 for price, K007 for discounts, MWST for taxes, etc.
GL accounts are assigned in SAP SD to record financial transactions related to sales and distribution processes.
GL accounts are assigned to various sales and distribution processes such as sales order, delivery, and billing
They are used to record financial transactions such as revenue, cost of goods sold, and taxes
GL accounts can be assigned at various levels such as company code, sales organization, and distribution c...
Account determination is the process of determining the correct GL account for a transaction.
It involves mapping of different transaction types to appropriate GL accounts
It is a crucial step in financial accounting
It can be configured in SAP using transaction code OBYC
Examples include determining the correct GL account for sales revenue or expense accounts
Calculation type in pricing refers to the method used to calculate the price of a product or service.
Calculation type determines how the system calculates the price of a product or service
There are different calculation types such as percentage, fixed amount, scale, and formula
For example, a percentage calculation type may be used to apply a discount to a product based on a percentage of the original price
A fixed amoun...
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