What is charge code in SAP IS-AFS-SD - Sales and Distribution?

SAP Term: charge code

• Component: IS-AFS-SD

• Component Name: Sales and Distribution

• Description: A key with which percentage or absolute surcharges or discounts can be assigned to the net value of the total document or to the single item or schedule line. This key consists of a freely choosable alphanumeric character string. Using conditions you specify, if it is a surcharge or discount if it is an absolute or percentage surcharge / discount &EXAMPLE& You can use charge codes to bill your customer with surcharges for carrying out value-added services. You can define a charge code in the sales document itself or in your VAS conditions per value-added service.

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• Key Concepts: 
  Charge codes are used in the SAP IS-AFS-SD Sales and Distribution component to identify and track costs associated with a particular activity or service. They are used to assign costs to specific activities, such as sales, marketing, or customer service. Charge codes are also used to track the cost of goods sold (COGS) and other expenses related to a particular activity. 
  
  How to use it: 
  Charge codes can be used in SAP IS-AFS-SD Sales and Distribution to assign costs to specific activities. For example, a charge code can be used to assign costs associated with a customer service call or a sales order. The charge code can then be used to track the cost of goods sold (COGS) and other expenses related to the activity. 
  
  Tips & Tricks: 
  When setting up charge codes in SAP IS-AFS-SD Sales and Distribution, it is important to ensure that the charge code is properly assigned to the correct activity or service. This will ensure that the correct costs are assigned and tracked for each activity. Additionally, it is important to ensure that the charge code is updated regularly so that it accurately reflects any changes in costs associated with the activity or service. 
  
  Related Information: 
  For more information on charge codes in SAP IS-AFS-SD Sales and Distribution, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to set up and use charge codes in SAP IS-AFS-SD Sales and Distribution.