SAP Retail Pricing Procedure

What is Pricing procedure?
Pricing procedure is the combination of different charges, like Gross price, freight charge, discount, surcharge, etc. and we use this pricing procedure to determine all these conditions into one place, where we can calculate the net amount.

  1. Pricing procedure can be summarized with the below 7 terminologies :
  2. Condition Type
  3. Access Sequence
  4. Condition Table
  5. Condition Record.
  6. Schema Group
  7. Calculation Schema/ Pricing Procedure
  8. Schema Determination
Let’s discuss all the points in detail.
1. Condition Table
It’s a table where the system saves all the individual condition records. Suppose we select Plant in condition table, then the condition record for the plant will be created.
2. Access Sequence
Access sequence searches condition record for condition type in condition table, One access sequence can contain one or more condition tables.
If we maintain 4 condition tables in access sequence. Then condition type will search for records using this access sequence and will be allowed to search only these 4 condition tables.

3. Condition Type
Cond type is used for various types of charges. Like gross price, discount rate, freight charges, rebate, etc
Suppose we purchase material for price 10$, we get a discount on price 3. Then the price 10 will go to one condition type and the price 3 will be going through another condition type.
4. Condition Record
Condition record contains the data which is maintained in condition table through condition type.
If condition record in condition table (vendor) through condition type is created. Then whenever a vendor would use this condition type, the record will be fetched.
5. Schema Group
Pricing procedure is fetched using a combination of Vendor and Purchase Organization Schema
6. Calculation Schema/Pricing Procedure
Here we maintain a sequence of cond types, like gross price, discount rate, rebate, surcharges etc. 
7. Schema Determination
Here we determine the pricing procedure for the purchasing document. We maintain vendor – schema group and purchase organization – schema group.
In general, the below image will give the idea of how a condition type searches condition records :





Popular posts from this blog

Moving Average Price vs Standard Price in SAP Material Master

Moving Average Price vs Standard Price in SAP Material Master It is maintained in the accounting view of the material master and configured in Material Type. see below See the bottom of the below image for price control Consider the Below Scenario to understand the difference: First Purchase Order  Made for 100 Qty at $20/pcs                             Price = 100*20                                      = 2000$ Second Purchase Order  Made for 500 Qty at $10/pcs for the same material                             Price = 500*10                                      = 5000$ Standard Price : It doesn't change with the change in price in new PO, so suppose the standard price maintained in material master was 20$ when 1st goods are received                            total value = total stock * Standard price                                              = 600qty * 20$                                              = 12000$ Moving Average Price : It does ch
Read more

How to Maintain and config Purchase Info Record in SAP

Purchase Info Record in SAP MM SAP Path : SAP Easy Access : Logistics : Materials Management : Purchasing : Master Data : Source List : Maintain T-Code: ME11(Create), ME13(Display), ME12(Change), ME15(Delete) ME1L - Vendor wise PIR Report ME1M - Material Wise PIR Report ME1W - Material Group wise PIR Report ME1P - PO Price History Wise PIR Report ME1E - Quotation History wise PIR Report Related Tables : EINA, EINE Q. What is a Purchase Info Record in SAP? A. Purchase Info Record is information about terms for purchasing a specific material from a vendor. It is  maintained for vendor and material combination and may contain data of  pricing   conditions , over  and underdelivery  limits, planned delivery date of goods and   availability period. Q. What are the Procurement types in info record? A. There are 4 types of PIR Standard - A standard PIR contains information for standard PO. The PIR can be created for material and service with or without master d
Read more

SAP IS RETAIL Promotion Creation

Why Promotions are created?                                      T-Code = WAK1 From a sales perspective, promotion provide retailers a key opportunity to differentiate and position their goods in competitively  aggressive - price environment.  Promotions are run to reduce the existing stock , boost the sale, or test a new products in the market. They are also a useful in boosting the success of a company, particularly when margins are tighter. This component enable articles to be sold at  lower than the standard price. Promotions are planned at company level and the data is sent to the involved stores when the promotion is introduced or announced.  Steps to create Promotions. Open  T-Code WAK1 in SAP Gui Enter the Promotion Type and Press Enter & follow the subsequent steps You might have seen a Discount offer like 50% Upto 100 rs. - That can be done from TCode - OVB2 or from VK12 Additional data m
Read more