What is index category in SAP IS-U-FPC - Formula-Based Price Calculation?

SAP Term: index category

• Component: IS-U-FPC

• Component Name: Formula-Based Price Calculation

• Description: A classification that specifies whether the index is dependent on the price key date forward value or independent of the price key date historic value.

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• Key Concepts: 
  Index category is a component of the IS-U-FPC Formula-Based Price Calculation in SAP. It is used to define the index values that are used in the price calculation formula. The index category contains the index values and their associated weights, which are used to calculate the final price. 
  
  How to use it: 
  To use the index category, first create an index category in the SAP system. Then, assign the index values and their associated weights to the index category. Finally, use the index category in the price calculation formula to calculate the final price. 
  
  Tips & Tricks: 
  When creating an index category, make sure to assign appropriate weights to each index value. This will ensure that the final price is calculated accurately. 
  
  Related Information: 
  For more information on using the IS-U-FPC Formula-Based Price Calculation in SAP, please refer to SAP's official documentation.