What is 'pricing scheme' in SAP CEC-SAL-SB - Subscription Management and Billing?

pricing scheme - Overview

• Component: CEC-SAL-SB

• Component Name: Subscription Management and Billing

• Description: A grouping of all items in the Price Calculation service that need a final price.

pricing scheme - Details

• 
  Key Concepts: 
  Pricing scheme is a feature of the CEC-SAL-SB Subscription Management and Billing component of SAP. It allows customers to set up different pricing plans for their products and services. This includes setting up discounts, promotions, and other pricing strategies. It also allows customers to manage their billing cycles and payment methods. 
  
  How to use it: 
  To use the pricing scheme feature, customers must first set up their pricing plans. This includes setting up discounts, promotions, and other pricing strategies. Customers can also set up billing cycles and payment methods. Once the pricing plans are set up, customers can then apply them to their products and services. 
  
  Tips & Tricks: 
  When setting up pricing plans, it is important to consider the customer’s needs and preferences. Customers should also be aware of any discounts or promotions that may be available. Additionally, customers should ensure that their billing cycles and payment methods are set up correctly. 
  
  Related Information: 
  For more information on the CEC-SAL-SB Subscription Management and Billing component of SAP, please visit the SAP website. Additionally, there are many online resources available that provide tips and tricks for setting up pricing plans in SAP.