What is fraction formula in SAP IS-REA - SAP Recycling Administration?

SAP Term: fraction formula

• Component: IS-REA

• Component Name: SAP Recycling Administration

• Description: Recycling Administration Special enhancement to price determination in REA that is used, for example, to exclude specific internal fractions in relation to other price determination attributes, or to evaluate them with a different price.

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• Key Concepts: 
  Fraction formula is a feature of the IS-REA SAP Recycling Administration component. It allows users to define a fraction of the total amount of a recycling fee that is to be paid by each party involved in a recycling transaction. This feature helps to ensure that the parties involved in the transaction are paying their fair share of the fee. 
  
  How to use it: 
  To use the fraction formula feature, users must first define the total amount of the recycling fee. Then, they must specify the fraction of this fee that each party involved in the transaction will pay. This can be done by entering a percentage or a numerical value for each party. Once all of the fractions have been entered, the total amount of the fee will be divided among all parties according to their respective fractions. 
  
  Tips & Tricks: 
  When using the fraction formula feature, it is important to make sure that all fractions add up to 100%. If they do not, then some parties may end up paying more or less than their fair share of the fee. Additionally, it is important to make sure that all parties involved in the transaction are aware of their respective fractions before entering them into the system. 
  
  Related Information: 
  The fraction formula feature is just one of many features available in IS-REA SAP Recycling Administration. Other features include payment tracking, reporting, and invoicing. Additionally, IS-REA SAP Recycling Administration can be integrated with other SAP components such as FI/CO and MM/SD for a more comprehensive solution.