What is 'price unit' in SAP PLM-PLC - Product Lifecycle Costing?

price unit - Overview

• Component: PLM-PLC

• Component Name: Product Lifecycle Costing

• Description: The quantity on which the price and its fixed and variable portions are based. A price unit that is greater than 1 is usually used to define a price for a large amount of typically low-cost materials. A price of 2 euros for 10,000 small washers resulting in a price unit of 10,000 is easier to handle than a price of 0.0002 euros for one washer resulting in a price unit of 1.

price unit - Details

• 
  Key Concepts: 
  Price unit is a term used in SAP Product Lifecycle Costing (PLM-PLC) to refer to the unit of measure used to calculate the cost of a product. It is typically expressed as a currency, such as US dollars or Euros. The price unit is used to determine the cost of a product based on its quantity, size, weight, and other factors. 
  
  How to use it: 
  The price unit is used in SAP PLM-PLC to calculate the cost of a product. The price unit is set by the user and can be changed at any time. The price unit is then used to calculate the cost of a product based on its quantity, size, weight, and other factors. 
  
  Tips & Tricks: 
  When setting the price unit in SAP PLM-PLC, it is important to consider the currency that will be used for pricing. This will ensure that the cost of a product is accurately calculated. Additionally, it is important to consider any taxes or fees that may be associated with the currency chosen for pricing. 
  
  Related Information: 
  The price unit is an important concept in SAP PLM-PLC and should be carefully considered when calculating the cost of a product. Additionally, it is important to understand how taxes and fees may affect the cost of a product when using different currencies for pricing.