What is pricing context in SAP CRM-SLC - Solution Sales Configuration?

SAP Term: pricing context

• Component: CRM-SLC

• Component Name: Solution Sales Configuration

• Description: The set of parameters defined in the sales document. They are passed to the pricing engine and are used to determine the price of sales document line items.

Smart SAP Assistant

• Key Concepts: 
  Pricing context is a feature of the CRM-SLC Solution Sales Configuration component of SAP. It allows users to define different pricing conditions for different sales scenarios. This includes setting up different pricing rules, discounts, and taxes for each scenario. The pricing context also allows users to define different currencies and payment terms for each scenario. 
  
  How to use it: 
  To use the pricing context feature, users must first create a pricing context in the CRM-SLC Solution Sales Configuration component. This can be done by selecting the “Create Pricing Context” option from the menu. Once the pricing context is created, users can then define the different pricing conditions for each sales scenario. This includes setting up different pricing rules, discounts, and taxes for each scenario. 
  
  Tips & Tricks: 
  When creating a pricing context, it is important to consider the different sales scenarios that may arise. This will help ensure that the correct pricing conditions are applied to each scenario. Additionally, it is important to consider any currency or payment terms that may be applicable to each scenario. 
  
  Related Information: 
  For more information on using the pricing context feature of SAP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on using this feature.