Pricing Procedure configuration in SAP MM | SAP MM Course

Pricing Procedure: It is about fixing the price of a Material.

The primary idea behind the pricing process is the blending of several types of fees, including Gross Price, Freight, Discount, Surcharges, etc.

To combine all of these conditions into a single process where we can discover the sub-total for net amount, we apply the pricing approach.

To understand pricing procedure, we have to be comfortable about these below things :

1. Condition Table

2. Access Sequence

3. Condition Type

4. Condition Record.

5. Schema Group

6. Calculation Schema

7. Schema Determination


Steps Involved:
DEFINE/MAINATIN CONDITION TABLE
DEFINE ACCESS SEQUNCE
DEFINE CONDITION TYPES
DEFINE CALCULATION SCHEMA
DEFINE THE SCHEMA GROUP
DEFINE THE SCHEMA DETERMINATION
XK02 – VENDOR SCHEMA GROUP
CREATE CONDITION RECORD – MEK1

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