What is primary selling rate in SAP FIN-FSCM-IHC - FSCM In-House Cash?

SAP Term: primary selling rate

• Component: FIN-FSCM-IHC

• Component Name: FSCM In-House Cash

• Description: The selling rate that the in-house cash center gets from the house bank. The secondary selling rate on the other hand is defined by the in-house cash center and serves as an exchange rate for the subsidiaries.

Smart SAP Assistant

• Key Concepts: 
  Primary Selling Rate is a feature of the SAP FSCM In-House Cash (IHC) component. It is used to define the rate at which a company sells its products or services. This rate is used to calculate the total amount due from customers for their purchases. 
  
  How to use it: 
  The Primary Selling Rate can be set up in the SAP system by going to the IHC configuration menu and selecting the “Primary Selling Rate” option. From there, you can enter the rate that you want to use for your company’s products or services. This rate will then be used to calculate the total amount due from customers for their purchases. 
  
  Tips & Tricks: 
  It is important to keep in mind that the Primary Selling Rate should be updated regularly in order to ensure that customers are being charged the correct amount for their purchases. Additionally, it is important to make sure that all of your company’s products and services are assigned the same Primary Selling Rate in order to avoid any discrepancies in pricing. 
  
  Related Information: 
  For more information on setting up and using the Primary Selling Rate in SAP FSCM In-House Cash, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature of SAP FSCM In-House Cash.