What is price type in SAP CO-PC - Product Cost Controlling?

SAP Term: price type

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A key that identifies a price in the BW. The following price types are used: Standard price Moving price moving average price or periodic unit price Commercial prices Tax prices

Smart SAP Assistant

• Key Concepts: 
  Price type is a feature of SAP's CO-PC Product Cost Controlling component. It is used to define the pricing of a product or service. Price types are used to determine the cost of a product or service, and can be based on factors such as quantity, time, and location. 
  
  How to use it: 
  Price types are used to define the pricing of a product or service. They can be used to determine the cost of a product or service based on factors such as quantity, time, and location. To use price types, you must first create a price type in the SAP system. Once created, you can assign the price type to a product or service. 
  
  Tips & Tricks: 
  When creating a price type, it is important to consider all relevant factors that may affect the cost of the product or service. This includes factors such as quantity, time, and location. Additionally, it is important to ensure that the price type is updated regularly to reflect any changes in pricing. 
  
  Related Information: 
  For more information on price types in SAP's CO-PC Product Cost Controlling component, please refer to SAP's official documentation on the topic. Additionally, there are many online resources available that provide detailed tutorials and examples on how to use price types in SAP.