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

SAP Term: term rule

• Component: CRM-BF-CPE

• Component Name: Engine for Commodity Pricing in CRM

• Description: A rule used during commodity pricing to evaluate quotations within a specified period of time. A term rule consists of a calculation rule, a surcharge rule, and two period determination rules - one for the quotations and one for the currency exchange rates.

Smart SAP Assistant

• Key Concepts: 
  A term rule in SAP CRM-BF-CPE Engine for Commodity Pricing is a set of conditions that define the pricing of a commodity. It is used to determine the price of a commodity based on certain criteria such as quantity, delivery date, and payment terms. The term rule can be used to set up different pricing scenarios for different customers or products.
  
  How to use it: 
  To use a term rule in SAP CRM-BF-CPE Engine for Commodity Pricing, you must first create the rule. This can be done by selecting the “Create Term Rule” option from the menu. You will then be prompted to enter the criteria for the rule, such as quantity, delivery date, and payment terms. Once you have entered all of the criteria, you can save the rule and it will be applied to all applicable commodities.
  
  Tips & Tricks: 
  When creating a term rule in SAP CRM-BF-CPE Engine for Commodity Pricing, it is important to consider all of the criteria that may affect the pricing of a commodity. For example, if you are creating a rule for a customer who orders large quantities of a product, you may want to include a discount for bulk orders. Additionally, if you are creating a rule for a product with multiple delivery dates, you may want to include different pricing for each delivery date. 
  
  Related Information: 
  For more information on using term rules in SAP CRM-BF-CPE Engine for Commodity Pricing, please refer to the official SAP documentation. Additionally, there are many online tutorials and resources available that provide step-by-step instructions on how to create and use term rules in SAP CRM-BF-CPE Engine for Commodity Pricing.