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Component: MM-IV
Component Name: Invoice Verification
Description: A procedure for balance sheet valuation that can be used to obtain an objective comparison price for lowest value determination.
Key Concepts: Average Delivered Price (ADP) is a term used in SAP's Materials Management (MM) Invoice Verification (IV) component. It is the average price of goods or services that have been delivered to a customer over a certain period of time. This price is calculated by taking the total amount of goods or services delivered and dividing it by the total number of units delivered. How to use it: In SAP's MM-IV component, the Average Delivered Price (ADP) is used to determine the price of goods or services that have been delivered to a customer. This price is calculated by taking the total amount of goods or services delivered and dividing it by the total number of units delivered. The ADP can then be used to compare the current price of goods or services with the average price over a certain period of time. Tips & Tricks: When calculating the Average Delivered Price (ADP), it is important to consider any discounts or promotions that may have been applied to the goods or services. This will ensure that the ADP accurately reflects the true cost of goods or services over a certain period of time. Related Information: The Average Delivered Price (ADP) is closely related to other pricing terms such as Average Unit Price (AUP) and Average Cost Price (ACP). AUP is calculated by taking the total cost of goods or services and dividing it by the total number of units, while ACP is calculated by taking the total cost of goods or services and dividing it by the total number of units sold.