What is quantity-based price in SAP IS-U-BI - Contract Billing?

SAP Term: quantity-based price

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Price that has a quantity reference but no time reference, such as an energy price $/kWh.

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• Key Concepts: 
  Quantity-based price is a pricing model used in SAP IS-U-BI Contract Billing. It is based on the quantity of goods or services purchased, and the price is determined by the amount of goods or services purchased. This pricing model is often used for bulk purchases, as it allows customers to purchase larger quantities at a lower price. 
  
  How to use it: 
  In SAP IS-U-BI Contract Billing, quantity-based pricing can be set up in the pricing configuration. The user can define the quantity range and the corresponding price for each range. This allows customers to purchase larger quantities at a lower price. 
  
  Tips & Tricks: 
  When setting up quantity-based pricing in SAP IS-U-BI Contract Billing, it is important to consider the customer’s needs and preferences. For example, if a customer typically purchases large quantities of goods or services, it may be beneficial to offer them a lower price for larger quantities. 
  
  Related Information: 
  SAP IS-U-BI Contract Billing also offers other pricing models such as flat rate and time-based pricing. It is important to consider which pricing model best suits the customer’s needs before setting up the configuration. Additionally, SAP IS-U-BI Contract Billing also offers discounts and promotions that can be used in conjunction with quantity-based pricing.