What is external price in SAP (PE - Training and Event Management)?

SAP Term: external price

• Component: PE

• Component Name: Training and Event Management

• Description: The price that is valid for billing purposes. This is the price charged to external event attendees.

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• Key Concepts: 
  External price is a term used in SAP's PE Training and Event Management component. It is the price of a training or event that is charged to an external customer, such as a company or individual. This price is different from the internal price, which is the cost of the training or event to the organization providing it. 
  
  How to use it: 
  External prices are used to calculate the cost of a training or event for an external customer. The external price can be set manually or automatically based on the internal price. The external price can also be adjusted based on discounts or other factors. 
  
  Tips & Tricks: 
  When setting external prices, it is important to consider the cost of providing the training or event, as well as any discounts that may be offered. It is also important to consider any taxes or fees that may be applicable. 
  
  Related Information: 
  For more information about external prices in SAP's PE Training and Event Management component, please refer to SAP's documentation on pricing and discounts.