1. SAP Glossary
  2. Master Contract Management
  3. determination of pricing criteria


What is determination of pricing criteria in SAP FS-MCM - Master Contract Management?


SAP Term: determination of pricing criteria

  • Component: FS-MCM

  • Component Name: Master Contract Management

  • Description: A component that determines for a master contract whether and to what extent the master contract holder fulfills the conditions for being eligible for preferred prices.The pricing criteria determined are distributed among all beneficiary contracts. Other beneficiaries can be defined in the master contract in addition to the master contract holder.


Smart SAP Assistant

  • Key Concepts: 
    Determination of pricing criteria is a feature of the FS-MCM Master Contract Management component of SAP. It allows users to define pricing criteria for contracts and other documents, such as sales orders, delivery notes, and invoices. This helps to ensure that the correct prices are applied to each document.
    
    How to use it: 
    To use the determination of pricing criteria feature, users must first define the criteria they want to use. This can include factors such as customer type, product type, and quantity. Once the criteria have been defined, users can then assign them to contracts and other documents. This will ensure that the correct prices are applied when the documents are created.
    
    Tips & Tricks: 
    When defining pricing criteria, it is important to consider all possible scenarios. For example, if a customer is eligible for a discount, make sure that this is taken into account when setting up the criteria. Additionally, it is important to keep the criteria up-to-date in order to ensure that the correct prices are applied.
    
    Related Information: 
    For more information on determination of pricing criteria in SAP FS-MCM Master Contract Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed instructions on how to set up and use this feature.
    • Do you have any question about this SAP term?


      Upgrade now to chat with this SAP term.

Related SAP Glossary Terms

Click the links below to see the following related SAP glossary terms:
Rating
The AI Support Assistant is great. It provides comprehensive assistance even on the most difficult issues. I highly recommend this service.
Rate 1
John Jordan
SAP Consultant & Author