What is component price in SAP SBO - SAP Business One?

SAP Term: component price

• Component: SBO

• Component Name: SAP Business One

• Description: The amount of money paid for a part component of a finished product.

Smart SAP Assistant

• Key Concepts: 
  Component price is a pricing model used in SAP Business One (SBO) that allows customers to purchase components of a product or service separately. This model allows customers to customize their purchase and pay only for the components they need. 
  
  How to use it: 
  In SAP Business One, component pricing is set up in the Item Master Data. The user can define the components of a product or service and assign a price to each component. The customer can then select the components they need and the total price will be calculated automatically. 
  
  Tips & Tricks: 
  When setting up component pricing in SAP Business One, it is important to ensure that all components are correctly assigned to the correct item. This will ensure that the customer is charged the correct amount for their purchase. 
  
  Related Information: 
  For more information on component pricing in SAP Business One, please refer to the official SAP documentation.