What is period determination rule in SAP CRM-BF-CPE - Engine for Commodity Pricing in CRM?

SAP Term: period determination rule

• Component: CRM-BF-CPE

• Component Name: Engine for Commodity Pricing in CRM

• Description: A rule that uses various parameters to determine from which period of time the system is to read quotations.

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• Key Concepts: 
  A period determination rule is a component of the CRM-BF-CPE Engine for Commodity Pricing in CRM. It is used to define the period of validity for a pricing condition. This period can be based on a fixed date, or it can be based on the date of the sales document. The period determination rule also allows for the definition of a validity period that is based on the date of delivery or the date of goods receipt. 
  
  How to use it: 
  The period determination rule is used to define the validity period for a pricing condition. This can be done by setting a fixed date, or by setting the validity period to be based on the date of the sales document, delivery, or goods receipt. The period determination rule also allows for the definition of a validity period that is based on other criteria such as customer group, product group, or sales organization. 
  
  Tips & Tricks: 
  When setting up a period determination rule, it is important to consider how long you want the pricing condition to be valid for. If you set it too short, customers may not have enough time to take advantage of the offer. If you set it too long, customers may forget about it and not take advantage of it. It is also important to consider how often you will need to update your pricing conditions and adjust your period determination rule accordingly. 
  
  Related Information: 
  The CRM-BF-CPE Engine for Commodity Pricing in CRM also includes other components such as pricing conditions and condition types which are used in conjunction with the period determination rule. It is important to understand how these components work together in order to ensure that your pricing conditions are set up correctly and are valid for the desired time frame.