What is price plan in SAP IS-CC - SAP Convergent Charging?

SAP Term: price plan

• Component: IS-CC

• Component Name: SAP Convergent Charging

• Description: Convergent Charging A decision tree that computes the amount of a charge.

Smart SAP Assistant

• Key Concepts: 
  Price plans are a component of the IS-CC SAP Convergent Charging system. They are used to define the pricing structure for services and products offered by a company. Price plans can be used to set up different pricing models, such as flat rate, tiered, or usage-based pricing. They can also be used to define discounts and promotions. 
  
  How to use it: 
  Price plans are created in the IS-CC SAP Convergent Charging system. The user can define the pricing structure for each product or service, including the rate, discounts, and promotions. The user can also set up different pricing models, such as flat rate, tiered, or usage-based pricing. 
  
  Tips & Tricks: 
  When creating a price plan in the IS-CC SAP Convergent Charging system, it is important to consider the customer’s needs and preferences. It is also important to consider the competitive landscape and ensure that the price plan is competitively priced. 
  
  Related Information: 
  The IS-CC SAP Convergent Charging system also includes other components such as billing plans, payment plans, and subscription plans. These components can be used in conjunction with price plans to create a comprehensive pricing strategy for a company’s products and services.