What is standard price in SAP CEC-SAL-SB - Subscription Management and Billing?

SAP Term: standard price

• Component: CEC-SAL-SB

• Component Name: Subscription Management and Billing

• Description: The initial or base price for a product or service.

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• Key Concepts: 
  Standard price is a pricing model used in SAP CEC-SAL-SB Subscription Management and Billing. It is a fixed price that is set for a subscription and does not change over time. This pricing model is used when the customer wants to pay a fixed amount for the subscription regardless of usage or other factors. 
  
  How to use it: 
  Standard price can be set up in SAP CEC-SAL-SB Subscription Management and Billing by creating a subscription with a fixed price. This can be done by entering the desired price in the “Price” field when creating the subscription. The customer will then be charged this fixed amount each month until the subscription is cancelled or expires. 
  
  Tips & Tricks: 
  When setting up standard price in SAP CEC-SAL-SB Subscription Management and Billing, it is important to consider the customer’s usage patterns and other factors that may affect the cost of the subscription. This will help ensure that the customer is not overcharged or undercharged for their subscription. 
  
  Related Information: 
  For more information on standard price in SAP CEC-SAL-SB Subscription Management and Billing, please refer to the official SAP documentation here: https://help.sap.com/viewer/cec_sal_sb/latest/en-US/f9f8d7a2b3e14f8a9f3d7a2b3e14f8a9f3d7a2b3e14f8a9f3d7a2b3e14f8a9f3d7a2b3e14f8a9f3d7a2b3e14f8a9f3d7a2b3e14f8a9f3d7a2b3e14f8a9f3d7a2b3e14f8a9f3d7a2b3e14f8a9f3d7a2b3e14f8a9f3d7a2b3e14f8a9