What is unit price in SAP IS-EC-BOS - Customer Bill of Services?

SAP Term: unit price

• Component: IS-EC-BOS

• Component Name: Customer Bill of Services

• Description: Sales price for one unit quantity one of the service line. If 6 recessed lighting units are tendered for in the service line, a unit of 30.00 UNI means that the construction proprietor is billed 30.00 UNI for each lighting unit. The service line is billed for a total price of 180.00 UNI.

Smart SAP Assistant

• Key Concepts: 
  Unit price is a term used in the IS-EC-BOS Customer Bill of Services component of SAP. It is the amount charged for a single unit of a product or service. This amount is determined by the vendor and can be based on a variety of factors, such as the cost of materials, labor, overhead, and other costs associated with providing the product or service. 
  
  How to use it: 
  In SAP, unit prices are used to calculate the total cost of a product or service. The unit price is multiplied by the quantity of the product or service being purchased to determine the total cost. This total cost is then used to generate an invoice for the customer. 
  
  Tips & Tricks: 
  When setting up unit prices in SAP, it is important to ensure that they are accurate and up-to-date. This will help ensure that customers are not overcharged for products or services. Additionally, it is important to review unit prices periodically to ensure that they are still competitive in the market. 
  
  Related Information: 
  Unit prices are closely related to other pricing terms such as list price, discount rate, and markup rate. List price is the amount that a vendor charges for a product or service before any discounts are applied. Discount rate is the percentage discount that a vendor offers on a product or service. Markup rate is the percentage increase that a vendor adds to the cost of a product or service in order to make a profit.