What is factor column in SAP SBO - SAP Business One?

SAP Term: factor column

• Component: SBO

• Component Name: SAP Business One

• Description: That part of a price list definition that allows users to specify the proportion of the prices of a new price list to those of the base price list.

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• Key Concepts: 
  Factor column is a feature in SAP Business One (SBO) that allows users to quickly and easily calculate the total cost of a product or service. It is a column in the item master data table that contains a factor, such as a percentage or a fixed amount, which is multiplied by the quantity of the item to calculate the total cost. 
  
  How to use it: 
  To use factor column, first enter the factor in the factor column of the item master data table. Then, when creating an invoice or purchase order, enter the quantity of the item and the factor column will automatically calculate the total cost. 
  
  Tips & Tricks: 
  When using factor column, it is important to ensure that the factor entered is correct. This will ensure that the total cost calculated is accurate. Additionally, it is important to remember that factor column only works with items that have a fixed cost or percentage-based cost. 
  
  Related Information: 
  For more information on how to use factor column in SAP Business One (SBO), please refer to SAP’s official documentation on the topic. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.