What is price calculator in SAP IS-B - SAP for Banking?

SAP Term: price calculator

• Component: IS-B

• Component Name: SAP for Banking

• Description: Bank Components A method for determining net present value key figures. Business data and the cash flows derived from them, market data and scenarios provide the basis for the calculation. In addition to the price cacluators supplied by SAP, you can also use external valuation models.

Smart SAP Assistant

• Key Concepts: 
  Price calculator is a component of the IS-B SAP for Banking. It is a tool that helps banks to calculate the price of a product or service based on various factors such as market conditions, customer preferences, and other relevant data. The price calculator can be used to determine the best pricing strategy for a particular product or service. 
  
  How to use it: 
  The price calculator can be used by entering the relevant data into the system. This data includes the product or service being priced, the market conditions, customer preferences, and other relevant information. Once all of the data has been entered, the system will generate a price for the product or service based on the data provided. 
  
  Tips & Tricks: 
  When using the price calculator, it is important to ensure that all of the data entered is accurate and up-to-date. This will help to ensure that the generated price is accurate and reflects current market conditions. Additionally, it is important to consider customer preferences when entering data into the system as this can have an impact on the generated price. 
  
  Related Information: 
  The IS-B SAP for Banking also includes other components such as risk management tools and customer relationship management tools. These components can be used in conjunction with the price calculator to help banks make informed decisions about pricing strategies. Additionally, there are various resources available online that provide more information about using the IS-B SAP for Banking and its components.