What is 'effective amount' in SAP CEC-BAF-DOM - Central Order for SAP C/4HANA?

effective amount - Overview

• Component: CEC-BAF-DOM

• Component Name: Central Order for SAP C/4HANA

• Description: The original amount minus discounts.

effective amount - Details

• 
  Key Concepts: 
  Effective amount is a term used in the Central Order for SAP C/4HANA component of SAP software. It is the total amount of an order that is actually paid for, taking into account any discounts or other adjustments that may have been applied. 
  
  How to use it: 
  The effective amount can be used to determine the total cost of an order, as well as to compare the cost of different orders. It can also be used to track the total amount of money spent on orders over a period of time. 
  
  Tips & Tricks: 
  When calculating the effective amount, it is important to take into account any discounts or other adjustments that may have been applied. This will ensure that the total cost of an order is accurately reflected. 
  
  Related Information: 
  The effective amount can be used in conjunction with other terms such as net price and gross price to gain a better understanding of the cost of an order. It can also be used to compare the cost of different orders and track spending over time.