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

SAP Term: scale price

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Price used for valuating the total quantity with the price from the last interval.

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• Key Concepts: 
  Scale price is a pricing method used in SAP IS-U-BI Contract Billing. It is used to calculate the price of a product or service based on the quantity of the product or service purchased. The price is calculated by multiplying the quantity by a predetermined rate. 
  
  How to use it: 
  In SAP IS-U-BI Contract Billing, scale prices are set up in the pricing procedure. The pricing procedure is used to determine the pricing conditions for a particular product or service. The scale price is set up as a condition type and assigned to the pricing procedure. The scale price condition type is then used to calculate the price of the product or service based on the quantity purchased. 
  
  Tips & Tricks: 
  When setting up scale prices in SAP IS-U-BI Contract Billing, it is important to ensure that the rate used for the scale price is updated regularly to reflect changes in market prices. Additionally, it is important to ensure that the scale price condition type is assigned correctly to the pricing procedure so that it can be used correctly when calculating prices. 
  
  Related Information: 
  Scale prices are just one of many pricing methods available in SAP IS-U-BI Contract Billing. Other pricing methods include fixed prices, discounts, and surcharges. Additionally, there are other components of SAP IS-U-BI Contract Billing such as billing plans and payment plans which can be used to manage customer billing and payments.