What is discount premium quality schedule in SAP LO-AGR-CC - Commodity Contracts, Expenses, Basic Functions?

SAP Term: discount premium quality schedule

• Component: LO-AGR-CC

• Component Name: Commodity Contracts, Expenses, Basic Functions

• Description: A schedule that identifies the quality characteristics to be measured for a commodity, acceptable values for the characteristics, as well as certification requirements and terms for determining which version of the schedule to apply.

Smart SAP Assistant

• Key Concepts: 
  Discount Premium Quality Schedule is a component of the LO-AGR-CC Commodity Contracts, Expenses, Basic Functions module in SAP. It is used to define the discount or premium that is applied to a commodity contract based on the quality of the goods. This allows for different prices to be applied to different qualities of goods. 
  
  How to use it: 
  The Discount Premium Quality Schedule is used to define the discount or premium that is applied to a commodity contract based on the quality of the goods. This allows for different prices to be applied to different qualities of goods. The user can define the discount or premium for each quality level and assign it to a specific commodity contract. 
  
  Tips & Tricks: 
  When setting up the Discount Premium Quality Schedule, it is important to ensure that all quality levels are accurately defined and that the discounts or premiums are correctly assigned. This will ensure that the correct prices are applied to each quality level. 
  
  Related Information: 
  The Discount Premium Quality Schedule is part of the LO-AGR-CC Commodity Contracts, Expenses, Basic Functions module in SAP. It is related to other components such as Price Determination and Contract Settlement.