What is conditional rate in SAP IS-U-BI - Contract Billing?

SAP Term: conditional rate

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: A rate that, under certain conditions, can be allocated to a basic rate as a supplement or as a substitute. A conditional billing program is used to indirectly allocate a TOU exception program to a conditional rate. If an active TOU exception exists for this TOU exception program, the conditional rate is activated for the respective period.

Smart SAP Assistant

• Key Concepts: 
  Conditional rate is a feature of the IS-U-BI Contract Billing component of SAP. It allows users to set up different rates for different conditions, such as time of day, day of the week, or season. This allows users to create more flexible and customized billing plans. 
  
  How to use it: 
  To use conditional rate, users must first define the conditions that will determine the rate. This can be done in the IS-U-BI Contract Billing component of SAP. Once the conditions are defined, users can then set up different rates for each condition. The rates can be set up in the same component. 
  
  Tips & Tricks: 
  When setting up conditional rates, it is important to make sure that all conditions are clearly defined and that all rates are correctly entered. This will ensure that the billing plans are accurate and that customers are billed correctly. 
  
  Related Information: 
  For more information on conditional rate and how to use it in SAP, please refer to the official SAP documentation on IS-U-BI Contract Billing.