What is price table in SAP FIN-BAC-INV - Inventory Accounting?

SAP Term: price table

• Component: FIN-BAC-INV

• Component Name: Inventory Accounting

• Description: Contains all material prices in and can update any number of different prices for each material. The different prices in the price table are identified by the following criteria: Accounting system Validity date Price type

Smart SAP Assistant

• Key Concepts: 
  A price table is a feature of SAP Inventory Accounting (FIN-BAC-INV) that allows users to store and manage pricing information for goods and services. It enables users to define different prices for different customers, vendors, and materials. The price table also allows users to set up discounts and surcharges for specific customers or vendors. 
  
  How to use it: 
  To use the price table, users must first create a pricing structure in the system. This structure defines the different types of prices that can be used in the system, such as list prices, discounts, and surcharges. Once the pricing structure is created, users can then create a price table for each customer or vendor. The price table contains all of the pricing information for that customer or vendor, including list prices, discounts, and surcharges. 
  
  Tips & Tricks: 
  When creating a price table, it is important to ensure that all of the pricing information is accurate and up-to-date. It is also important to ensure that the pricing structure is set up correctly so that all of the prices are applied correctly. 
  
  Related Information: 
  For more information on how to use the price table in SAP Inventory Accounting (FIN-BAC-INV), please refer to the official SAP documentation.