What is condition type in SAP CO - Controlling?

SAP Term: condition type

• Component: CO

• Component Name: Controlling

• Description: A distinction, in overhead calculation, is made between: Base condition types, which determine the object for which the overhead is to be calculated Overhead condition types, which define the percentage overhead to be applied In resource planning, a condition type determines the types of resource prices that are stored in the SAP System. These can be absolute or percentage values, for example.

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• Key Concepts: 
  Condition type is a feature of SAP Controlling (CO) that allows users to define the conditions under which a certain cost or revenue is posted. It is used to determine the pricing of goods and services, and can be used to calculate taxes, discounts, and other costs. Condition types are used in pricing procedures, which are used to determine the pricing of goods and services. 
  
  How to use it: 
  Condition types are used in pricing procedures, which are used to determine the pricing of goods and services. To use condition types, users must first define the condition type in the system. This includes setting up the condition type's characteristics, such as its calculation type, currency, and account assignment. Once the condition type is defined, it can be used in pricing procedures. 
  
  Tips & Tricks: 
  When setting up condition types, it is important to ensure that all of the necessary information is included. This includes setting up the condition type's characteristics, such as its calculation type, currency, and account assignment. Additionally, it is important to ensure that all of the necessary conditions are included in the pricing procedure. 
  
  Related Information: 
  For more information on condition types and pricing procedures in SAP Controlling (CO), please refer to SAP Help Portal or contact your local SAP consultant.