What is rated transaction in SAP IS-CC - SAP Convergent Charging?

SAP Term: rated transaction

• Component: IS-CC

• Component Name: SAP Convergent Charging

• Description: Convergent Charging Transactional data generated by the system and including the price of a chargeable item or the price of an internal event. The system calculates a price by executing a price plan. The price is then assigned to one or several accounts by the charging process.

Smart SAP Assistant

• Key Concepts: 
  A rated transaction is a type of transaction in the IS-CC SAP Convergent Charging component. It is used to calculate the cost of a service or product based on the usage of that service or product. The cost is calculated by applying a rate to the usage, which can be based on time, quantity, or other factors. 
  
  How to use it: 
  In order to use rated transactions, you must first define the rate that will be applied to the usage. This rate can be based on time, quantity, or other factors. Once the rate has been defined, you can then create a rated transaction and specify the usage and rate that will be applied. The cost of the service or product will then be calculated based on the rate and usage. 
  
  Tips & Tricks: 
  When creating a rated transaction, it is important to ensure that the rate and usage are accurate in order to get an accurate cost calculation. Additionally, it is important to keep track of any changes in rates or usage over time in order to ensure that the cost calculation remains accurate. 
  
  Related Information: 
  For more information about rated transactions in IS-CC SAP Convergent Charging, please refer to the official SAP documentation at https://help.sap.com/viewer/product/IS-CC/7.0/en-US.