What is price change document in SAP MM - Materials Management?

SAP Term: price change document

• Component: MM

• Component Name: Materials Management

• Description: A G/L account document recording a change in the valuation price of a material.

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• Key Concepts: 
  A Price Change Document is a document used in SAP Materials Management (MM) to record changes in the price of a material. It is used to store the new price and the date of the change, as well as any other relevant information. The document is then used to update the material master record with the new price. 
  
  How to use it: 
  To create a Price Change Document, go to the MM module and select “Create Price Change Document” from the menu. Enter the material number, the new price, and any other relevant information. Once you have saved the document, it will be used to update the material master record with the new price. 
  
  Tips & Tricks: 
  When creating a Price Change Document, make sure to enter all relevant information accurately. This will ensure that the material master record is updated correctly with the new price. 
  
  Related Information: 
  For more information on Price Change Documents in SAP Materials Management, please refer to SAP Help documentation or contact your local SAP support team.