What is Price and Tax Calculation in SAP AP-PRC - CRM Pricing & Condition Technique?

SAP Term: Price and Tax Calculation

• Component: AP-PRC

• Component Name: CRM Pricing & Condition Technique

• Description: The summary of the determined price and tax components for a business case.

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• Key Concepts: 
  Price and Tax Calculation is a component of the SAP CRM Pricing & Condition Technique. It enables users to calculate prices and taxes for products and services in a customer-specific manner. This component is used to determine the correct price and tax amount for a given product or service, taking into account any discounts, promotions, or other special conditions that may apply. 
  
  How to use it: 
  The Price and Tax Calculation component can be used to calculate prices and taxes for products and services in a customer-specific manner. This is done by entering the relevant product or service information into the system, such as the product or service name, quantity, and any applicable discounts or promotions. The system will then calculate the correct price and tax amount for the given product or service. 
  
  Tips & Tricks: 
  When using the Price and Tax Calculation component, it is important to ensure that all relevant information is entered accurately. This includes any discounts or promotions that may apply, as well as any special conditions that may affect the price or tax amount. Additionally, it is important to ensure that all applicable taxes are taken into account when calculating the final price. 
  
  Related Information: 
  The Price and Tax Calculation component is part of the SAP CRM Pricing & Condition Technique. Other components of this technique include Price Determination, Discount Determination, and Promotion Determination. Additionally, there are several other SAP components related to pricing and taxation, such as Tax Calculation Engine (TCE) and Tax Information System (TIS).