What is sales price basis in SAP PS - Project System?

SAP Term: sales price basis

• Component: PS

• Component Name: Project System

• Description: A processing view in the sales pricing or quotation. It shows the planned costs from the service order or project, after they have been summarized using the Dynamic Item Processor. The summarized items, called "dynamic items," are the items in the sales price basis. You use the sales price basis to determine whether the system includes the costs summarized in dynamic items in whole, in part, or not at all when generating the quotation or calculating the sales pricing.

Smart SAP Assistant

• Key Concepts: 
  Sales price basis is a feature of the SAP Project System (PS) that allows users to define a sales price for each item in a project. This sales price is then used to calculate the total cost of the project. The sales price basis can be set up for each item in the project, and can be changed at any time. 
  
  How to use it: 
  To set up a sales price basis for an item in a project, go to the “Projects” tab in the SAP system. Select the project you want to work on and then select “Sales Price Basis” from the menu. Here you can enter the sales price for each item in the project. Once you have entered all of the prices, click “Save” to save your changes. 
  
  Tips & Tricks: 
  When setting up a sales price basis for an item in a project, it is important to remember that the sales price should reflect the actual cost of the item. If you enter a sales price that is too low, it could result in an inaccurate total cost for the project. 
  
  Related Information: 
  For more information on setting up a sales price basis for an item in a project, please refer to SAP’s documentation on Project System (PS). Additionally, there are many online tutorials available that provide step-by-step instructions on how to set up a sales price basis for an item in a project.