What is inheritance in SAP FS-PRO - SAP Product Management?

SAP Term: inheritance

• Component: FS-PRO

• Component Name: SAP Product Management

• Description: A process of creating a new product, referred to as a child, based on an existing product, referred to as a parent or base product. The child starts out as an exact copy of the parent, and generally becomes a more specialized version of its parent. The child product can be customized by adding or deleting components, adding or deleting component values, or adding new folders. The parent-child relationship is dynamic. Subsequent changes to the parent product are automatically reflected in the child, except for features that have already been overridden in the child.

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• Key Concepts: 
  Inheritance is a concept in SAP Product Management that allows users to create a new product based on an existing one. This means that the new product will inherit all of the characteristics of the original product, such as its attributes, pricing, and other related information. This makes it easier for users to create new products quickly and efficiently.
  
  How to use it: 
  Inheritance can be used in SAP Product Management by selecting the “Inherit” option when creating a new product. This will allow users to select an existing product as the basis for their new product. All of the characteristics of the original product will be inherited by the new product, making it easier to create a new product quickly and efficiently.
  
  Tips & Tricks: 
  When using inheritance in SAP Product Management, it is important to remember that any changes made to the original product will also be inherited by the new product. Therefore, it is important to ensure that any changes made to the original product are intentional and necessary before creating a new product based on it.
  
  Related Information: 
  Inheritance is also used in other areas of SAP, such as SAP Materials Management and SAP Sales & Distribution. It is important to understand how inheritance works in each area in order to ensure that products are created correctly and efficiently.