What is price list item in SAP SAP-LEGAL - Global Field Legal?

SAP Term: price list item

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: A line item on the SAP price list.

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• Key Concepts: 
  A price list item is a component of the SAP-LEGAL Global Field Legal system. It is a record of the prices of goods and services that are offered by a company. The price list item contains information such as the item number, description, unit of measure, and price. 
  
  How to use it: 
  The price list item can be used to create a pricing structure for goods and services. This pricing structure can be used to determine the cost of goods and services for customers. The price list item can also be used to track changes in prices over time. 
  
  Tips & Tricks: 
  When creating a price list item, it is important to ensure that all information is accurate and up-to-date. This will help ensure that customers are charged the correct amount for goods and services. It is also important to keep track of any changes in prices over time so that customers are not overcharged. 
  
  Related Information: 
  The SAP-LEGAL Global Field Legal system also includes other components such as contracts, invoices, and payment terms. These components can be used in conjunction with the price list item to create a comprehensive pricing structure for customers.