What is closing criteria in SAP MP-APP-DPE - Dynamic Pricing Engine?

SAP Term: closing criteria

• Component: MP-APP-DPE

• Component Name: Dynamic Pricing Engine

• Description: Various criteria occur during the lifecycle of an opportunity. Closing criteria occur after the occurrence of clearing criteria. When creating rule profiles, the DA/DB administrator defines which closing criteria are available to the initiator of an opportunity. For example, whether to extend the duration of an opportunity based on its activity is considered closing criteria.

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• Key Concepts: 
  Closing criteria is a feature of the SAP MP-APP-DPE Dynamic Pricing Engine that allows users to define the conditions that must be met before a pricing agreement can be closed. This feature helps to ensure that all relevant information is taken into account when making pricing decisions. 
  
  How to use it: 
  To use the closing criteria feature, users must first define the conditions that must be met before a pricing agreement can be closed. These conditions can include things like minimum order quantity, maximum order quantity, and minimum price. Once these conditions have been defined, the system will automatically close any pricing agreements that meet the criteria. 
  
  Tips & Tricks: 
  When defining closing criteria, it is important to consider all relevant factors. For example, if a customer has a history of ordering large quantities, then it may be beneficial to set a higher minimum order quantity for them. Additionally, it is important to keep in mind that closing criteria can be changed at any time, so users should regularly review their settings to ensure they are still appropriate. 
  
  Related Information: 
  For more information on the SAP MP-APP-DPE Dynamic Pricing Engine and its features, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using this software.