What is extension duration in SAP MP-APP-DPE - Dynamic Pricing Engine?

SAP Term: extension duration

• Component: MP-APP-DPE

• Component Name: Dynamic Pricing Engine

• Description: The length of time, in hours and minutes, by which an object e.g. auction is extended if a bid is received during the inactivity period.

Smart SAP Assistant

• Key Concepts: 
  Extension duration is a feature of the SAP MP-APP-DPE Dynamic Pricing Engine. It allows users to extend the duration of a pricing agreement beyond its original expiration date. This feature is useful for customers who need to extend their pricing agreement for a longer period of time, such as when they are unable to reach an agreement on a new pricing agreement.
  
  How to use it: 
  To use the extension duration feature, users must first create a pricing agreement in the SAP MP-APP-DPE Dynamic Pricing Engine. Once the agreement is created, users can select the “Extend Duration” option from the menu. This will open a window where users can enter the new expiration date for the agreement. Once the new expiration date is entered, users can click “Save” to save the changes.
  
  Tips & Tricks: 
  When using the extension duration feature, it is important to remember that any changes made to the pricing agreement will take effect immediately. Therefore, it is important to ensure that all changes are correct before saving them. Additionally, it is important to note that any changes made to the pricing agreement will be reflected in all future invoices and orders associated with that agreement. 
  
  Related Information: 
  For more information on using the extension duration feature in SAP MP-APP-DPE Dynamic Pricing Engine, please refer to SAP’s official documentation on the topic. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature.