What is formula assembly in SAP CRM-BF-CPE - Engine for Commodity Pricing in CRM?

SAP Term: formula assembly

• Component: CRM-BF-CPE

• Component Name: Engine for Commodity Pricing in CRM

• Description: Determines a formula for each pricing condition type during commodity pricing. During formula assembly, the system reads default values from condition tables and based on these formulas or formula parts, the system determines the formula for each pricing condition type.

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• Key Concepts: 
  Formula assembly is a component of the CRM-BF-CPE Engine for Commodity Pricing in CRM. It is used to define and maintain formulas for pricing and discounting of products and services. The formulas are used to calculate the prices of products and services based on various criteria such as customer segment, product type, and other factors. 
  
  How to use it: 
  Formula assembly can be used to create and maintain formulas for pricing and discounting of products and services. The formulas can be used to calculate the prices of products and services based on various criteria such as customer segment, product type, and other factors. The formulas can also be used to calculate discounts for customers based on their loyalty or other criteria. 
  
  Tips & Tricks: 
  When creating formulas for pricing and discounting, it is important to consider the customer segment, product type, and other factors that may affect the price or discount. It is also important to consider the impact of any changes made to the formula on the overall pricing strategy. 
  
  Related Information: 
  For more information about formula assembly, please refer to the SAP Help Portal or contact your local SAP representative.