What is sales rate in SAP PS-FIO - Fiori UI for Project System?

SAP Term: sales rate

• Component: PS-FIO

• Component Name: Fiori UI for Project System

• Description: A monetary amount relative to a quantity of measurement, such as time. For example, 10 EUR per hour. The sales rate is used for determining the amount to be charged to a customer when preparing their bill.

Smart SAP Assistant

• Key Concepts: 
  Sales rate is a feature of the PS-FIO Fiori UI for Project System. It is used to calculate the sales rate of a project, which is the ratio of the total sales revenue to the total cost of the project. The sales rate is used to determine the profitability of a project and can be used to compare different projects. 
  
  How to use it: 
  The sales rate can be calculated by dividing the total sales revenue by the total cost of the project. This calculation can be done manually or with the help of the PS-FIO Fiori UI for Project System. The UI allows users to enter in the total sales revenue and total cost of a project and will automatically calculate the sales rate. 
  
  Tips & Tricks: 
  When calculating the sales rate, it is important to make sure that all costs associated with a project are included in the calculation. This includes both direct and indirect costs such as labor, materials, overhead, etc. Additionally, it is important to make sure that all sales revenue associated with a project is included in the calculation. 
  
  Related Information: 
  The sales rate can be used in conjunction with other metrics such as return on investment (ROI) and net present value (NPV) to evaluate a project’s profitability. Additionally, it can be used to compare different projects and determine which one is more profitable.