What is 'list price' in SAP CRM-BTX - Business Transactions?

list price - Overview

• Component: CRM-BTX

• Component Name: Business Transactions

• Description: A company's proposed selling price of a product or service. This price component is determined on the basis of predefined price lists as opposed to dynamic pricing. Discounts or surcharges may apply to the list price.

list price - Details

• 
  Key Concepts: 
  List price is a term used in the CRM-BTX Business Transactions component of SAP. It is the price of a product or service that is listed in the system and is used as a reference for pricing calculations. It is also known as the standard price or base price. 
  
  How to use it: 
  List prices are used to calculate discounts, surcharges, and other pricing conditions. They are also used to determine the net price of a product or service after all discounts and surcharges have been applied. List prices can be set manually or automatically by the system. 
  
  Tips & Tricks: 
  When setting list prices, it is important to consider the customer’s needs and preferences. List prices should be set in such a way that they are competitive and attractive to customers. 
  
  Related Information: 
  For more information on list prices in SAP, please refer to the SAP Help Portal. Additionally, there are many online resources available that provide detailed information on how to use list prices in SAP.