What is supplier list price in SAP LOD-LE-PRC - Price Calculation?

SAP Term: supplier list price

• Component: LOD-LE-PRC

• Component Name: Price Calculation

• Description: The selling price of a material or service proposed by a supplier that is to be used when no catalog is available. Discounts or surcharges may apply to the supplier list price.

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• Key Concepts: 
  Supplier list price is a pricing component used in the SAP system to determine the price of goods and services. It is based on the supplier's list price, which is the price that the supplier has set for a particular item. The supplier list price is used in conjunction with other pricing components, such as discounts, to determine the final price of an item. 
  
  How to use it: 
  In order to use the supplier list price component, you must first enter the supplier's list price into the system. This can be done by entering the list price into the “Supplier List Price” field in the LOD-LE-PRC Price Calculation component. Once this is done, you can then use this component to calculate the final price of an item. 
  
  Tips & Tricks: 
  When entering a supplier's list price into the system, it is important to make sure that it is accurate and up-to-date. This will ensure that you are getting an accurate calculation of the final price of an item. Additionally, it is important to keep in mind that discounts may be applied to the supplier's list price, so it is important to factor this into your calculations. 
  
  Related Information: 
  For more information on how to use the supplier list price component in SAP, please refer to SAP Help documentation or contact your local SAP support team. Additionally, there are many online resources available that provide detailed information on how to use this component in SAP.