What is 'base price' in SAP SBO - SAP Business One?

base price - Overview

• Component: SBO

• Component Name: SAP Business One

• Description: The amount of money "normally" paid for goods or services. The seller can adjust this price for certain customers or periods of time. The base price increases when additional components or services are added to the product.

base price - Details

• 
  Key Concepts: 
  Base price is a term used in SAP Business One (SBO) to refer to the price of a product or service before any discounts, taxes, or other charges are applied. It is the starting point for calculating the final cost of a purchase. 
  
  How to use it: 
  In SBO, base prices are used to calculate the total cost of a purchase. When creating an invoice, the base price of each item is entered into the system and then any discounts, taxes, or other charges are applied to arrive at the final cost. 
  
  Tips & Tricks: 
  When entering base prices into SBO, it is important to make sure that they are accurate and up-to-date. This will ensure that the final cost of a purchase is calculated correctly. 
  
  Related Information: 
  Base prices can be used in conjunction with other pricing strategies such as volume discounts and promotional pricing. It is important to understand how these strategies work together in order to maximize profits and minimize costs.