What is product pricing list in SAP FS-FND - Foundation?

SAP Term: product pricing list

• Component: FS-FND

• Component Name: Foundation

• Description: A hierarchical arrangement of prices condition groups together with derivation attributes for a product or product group for pricing. The prices can be passed on within the hierarchy.

Smart SAP Assistant

• Key Concepts: 
  Product pricing list is a feature of the FS-FND Foundation component of SAP. It allows users to define and maintain product prices for different customers, currencies, and other criteria. The product pricing list is used to determine the price of a product when it is sold. 
  
  How to use it: 
  To use the product pricing list, users must first define the criteria for the list. This includes the customer, currency, and other criteria that will be used to determine the price of a product. Once the criteria have been defined, users can then enter the prices for each product in the list. 
  
  Tips & Tricks: 
  When entering prices into the product pricing list, it is important to ensure that all prices are accurate and up-to-date. This will help ensure that customers are charged the correct price for products. Additionally, it is important to keep track of any changes made to the list so that customers are not charged incorrect prices. 
  
  Related Information: 
  The product pricing list is closely related to other features of SAP such as customer master data and material master data. It is important to understand how these features interact with each other in order to ensure that customers are charged the correct price for products. Additionally, it is important to understand how taxes and discounts may affect the price of a product when using the product pricing list.