What is payment cost in SAP CEC-COM-BSC - CPS/SAP Business Suite - Connectivity & Integration?

SAP Term: payment cost

• Component: CEC-COM-BSC

• Component Name: CPS/SAP Business Suite - Connectivity & Integration

• Description: A pricing condition type that specifies the single transaction cost for using a payment mode.

Smart SAP Assistant

• Key Concepts: 
  Payment cost is a term used in SAP Business Suite Connectivity & Integration (CEC-COM-BSC) to refer to the cost associated with making payments. This cost includes the fees charged by banks, credit card companies, and other payment processors. It also includes any additional costs associated with the payment process, such as currency conversion fees. 
  
  How to use it: 
  In SAP Business Suite Connectivity & Integration, payment cost is used to calculate the total cost of making payments. This cost is then used to determine the total amount that needs to be paid for a given transaction. The payment cost can be adjusted based on the type of payment being made and the currency being used. 
  
  Tips & Tricks: 
  When calculating payment costs in SAP Business Suite Connectivity & Integration, it is important to consider all of the associated costs. This includes any fees charged by banks, credit card companies, and other payment processors. Additionally, it is important to factor in any additional costs associated with the payment process, such as currency conversion fees. 
  
  Related Information: 
  For more information on payment costs in SAP Business Suite Connectivity & Integration, please refer to the official documentation provided by SAP. Additionally, there are a number of online resources available that provide detailed information on how to calculate and manage payment costs in SAP Business Suite Connectivity & Integration.