What is 'valuation formula' in SAP IS-H - SAP for Healthcare?

valuation formula - Overview

• Component: IS-H

• Component Name: SAP for Healthcare

• Description: SAP Healthcare - Industry-Specific Components for Hospitals Calculation rule that defines the billable quantity of an extended service.

valuation formula - Details

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  Key Concepts: 
  Valuation formula in IS-H SAP for Healthcare is a tool used to calculate the cost of a service or product. It takes into account the cost of materials, labor, overhead, and other factors to determine the final price. The formula can be customized to fit the needs of the organization and can be used to set prices for services or products. 
  
  How to use it: 
  The valuation formula in IS-H SAP for Healthcare is used to calculate the cost of a service or product. It takes into account the cost of materials, labor, overhead, and other factors to determine the final price. The formula can be customized to fit the needs of the organization and can be used to set prices for services or products. 
  
  Tips & Tricks: 
  When using the valuation formula in IS-H SAP for Healthcare, it is important to consider all factors that may affect the cost of a service or product. This includes materials, labor, overhead, and other costs that may not be immediately apparent. Additionally, it is important to review and adjust the formula regularly to ensure that it is up-to-date and accurate. 
  
  Related Information: 
  For more information on using the valuation formula in IS-H SAP for Healthcare, please refer to SAP’s official documentation on pricing and costing. Additionally, there are many online resources available that provide tips