What is unit price method in SAP FS-PE - Payment Engine?

SAP Term: unit price method

• Component: FS-PE

• Component Name: Payment Engine

• Description: Charging costs based on the actual quantity of each line item performed as measured.

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• Key Concepts: 
  The unit price method is a payment engine component of the SAP Financial Services Payment Engine (FS-PE). It is used to calculate the amount of money to be paid for a particular item or service based on the unit price of that item or service. The unit price method is used in situations where the exact amount of money to be paid for an item or service is not known in advance. 
  
  How to use it: 
  The unit price method is used when the exact amount of money to be paid for an item or service is not known in advance. To use the unit price method, the user must first enter the unit price of the item or service into the FS-PE Payment Engine. The user then enters the quantity of the item or service that needs to be purchased. The FS-PE Payment Engine will then calculate the total amount to be paid based on the unit price and quantity entered. 
  
  Tips & Tricks: 
  When using the unit price method, it is important to ensure that all relevant information is entered accurately into the FS-PE Payment Engine. This includes entering the correct unit price and quantity for each item or service being purchased. Additionally, it is important to double check that all calculations are correct before submitting payment. 
  
  Related Information: 
  The unit price method is just one of many payment engine components available in SAP Financial Services Payment Engine (FS-PE). Other components include payment terms, payment methods, and payment schedules. Additionally, there are various other payment engines available in SAP, such as SAP Cash Management and SAP Bank Communication Management.