What is concessionary material in SAP IS-R - SAP for Retail?

SAP Term: concessionary material

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail An item to which a discount applies.

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• Key Concepts: 
  Concessionary material is a type of material in SAP for Retail that is used to track the sale of goods or services that are provided at a discounted rate. This type of material is typically used for promotional purposes, such as discounts for loyalty programs or special offers. 
  
  How to use it: 
  In SAP for Retail, concessionary material is used to track the sale of goods or services that are provided at a discounted rate. This type of material can be created in the system and assigned to a specific customer or group of customers. When a customer purchases a product or service with a concessionary material, the system will automatically apply the discount to the total amount due. 
  
  Tips & Tricks: 
  When creating concessionary material in SAP for Retail, it is important to ensure that the discount rate is set correctly. Additionally, it is important to ensure that the correct customer or group of customers is assigned to the concessionary material. This will ensure that the discount is applied correctly when a customer purchases a product or service with the concessionary material. 
  
  Related Information: 
  For more information on how to use concessionary material in SAP for Retail, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed instructions on how to use this feature in SAP for Retail.