1. SAP Glossary
  2. Point of Sale
  3. redemption amount


What is redemption amount in SAP IS-R-POS - Point of Sale?


SAP Term: redemption amount


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  • Key Concepts: 
    The redemption amount is a term used in the SAP IS-R-POS Point of Sale system. It is the total amount of money that a customer has to pay in order to redeem a coupon or voucher. This amount is calculated based on the value of the coupon or voucher and any applicable taxes or fees. 
    
    How to use it: 
    In order to use the redemption amount, the customer must first enter the coupon or voucher code into the system. The system will then calculate the total redemption amount based on the value of the coupon or voucher and any applicable taxes or fees. The customer can then pay this amount in order to redeem their coupon or voucher. 
    
    Tips & Tricks: 
    It is important to ensure that all applicable taxes and fees are taken into account when calculating the redemption amount. This will ensure that customers are not overcharged for their purchase. Additionally, it is important to make sure that customers are aware of any applicable taxes and fees before they enter their coupon or voucher code into the system. 
    
    Related Information: 
    The redemption amount is closely related to other terms such as coupon value, voucher value, and tax rate. It is important to understand how these terms interact with each other in order to properly calculate the redemption amount for each customer. Additionally, it is important to understand how these terms interact with other aspects of the SAP IS-R-POS Point of Sale system such as discounts and loyalty programs.
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