What is markup in SAP FS-PE - Payment Engine?

SAP Term: markup

• Component: FS-PE

• Component Name: Payment Engine

• Description: Defines the value to be added to the base time to calculate the planned execution time and the planned closing date.

Smart SAP Assistant

• Key Concepts: 
  Markup is a feature of the FS-PE Payment Engine in SAP that allows users to add a percentage or fixed amount to the cost of goods or services. This additional cost is then passed on to the customer. Markup can be used to cover additional costs associated with providing goods or services, such as taxes, shipping, and handling fees.
  
  How to Use It: 
  Markup can be applied to any item in the FS-PE Payment Engine. To do this, users must first select the item they wish to apply markup to. Then, they must enter the percentage or fixed amount they wish to add to the cost of the item. Once this is done, the total cost of the item will be updated with the markup included.
  
  Tips & Tricks: 
  When using markup, it is important to ensure that the amount being added is appropriate for the item being sold. Additionally, it is important to keep track of any changes made to markups over time, as this can affect pricing and profitability.
  
  Related Information: 
  For more information on how to use markup in SAP, please refer to the SAP Help Portal. Additionally, there are many online resources available that provide detailed instructions on how to use markup in SAP.