What is weighted amount in SAP SBO - SAP Business One?

SAP Term: weighted amount

• Component: SBO

• Component Name: SAP Business One

• Description: The amount of money calculated from the maximum total of a sales opportunity and the degree of probability of the sale.

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• Key Concepts: 
  Weighted amount is a term used in SAP Business One (SBO) to refer to the total amount of an item or service after taxes and other charges have been applied. It is calculated by multiplying the base price of the item or service by the applicable tax rate and then adding any additional charges. 
  
  How to use it: 
  Weighted amount is used to calculate the total cost of an item or service. To calculate the weighted amount, first determine the base price of the item or service. Then, multiply this base price by the applicable tax rate and add any additional charges. The resulting number is the weighted amount. 
  
  Tips & Tricks: 
  When calculating the weighted amount, it is important to ensure that all applicable taxes and charges are taken into account. This will ensure that the correct total cost is calculated. Additionally, it is important to double-check all calculations to ensure accuracy. 
  
  Related Information: 
  For more information on weighted amounts in SAP Business One, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_BUSINESS_ONE/9.3/en-US/f8d7f2b6a7c14e8a9f3d2b5f1e4d7c2a.html