What is Customer Quote Processing With Product Valuation in SAP AP-CQP - CRM Customer Quote Processing?

SAP Term: Customer Quote Processing With Product Valuation

• Component: AP-CQP

• Component Name: CRM Customer Quote Processing

• Description: The processing of product valuation based on financial accounting providing the internal cost rate for a service product or a material.

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• Key Concepts: 
  Customer Quote Processing with Product Valuation (AP-CQP) is a component of the SAP Customer Relationship Management (CRM) suite. It enables companies to create and manage customer quotes, including product valuation. This component allows companies to quickly and accurately generate customer quotes, as well as track and analyze customer quote data. 
  
  How to Use it: 
  AP-CQP can be used to create customer quotes, which include product valuation. This component allows users to enter customer information, such as contact details, product details, and pricing information. Once the quote is created, users can then track and analyze the data associated with the quote. 
  
  Tips & Tricks: 
  When creating a customer quote, it is important to ensure that all of the necessary information is included. This includes contact details, product details, pricing information, and any other relevant information. Additionally, it is important to double-check the accuracy of the quote before sending it out to the customer. 
  
  Related Information: 
  AP-CQP is part of the SAP CRM suite, which also includes components such as Sales Order Processing and Service Order Processing. Additionally, AP-CQP can be integrated with other SAP components such as SAP ERP and SAP Business Warehouse.