What is price condition in SAP SD-BF-PR - Pricing and Conditions?

SAP Term: price condition

• Component: SD-BF-PR

• Component Name: Pricing and Conditions

• Description: Price element for example, base price, discount, surcharge, freight, or tax that can be used to calculate the value of a document item. The price condition defines for which validity period and for which attribute values a price element is to be used during calculation. The attribute values correspond to a specific business context for example customer and material. In particular, the price condition determines the size and format currency, unit of measure, and so on of the condition rate for this price element.

Smart SAP Assistant

• Key Concepts: 
  Price condition is a term used in SAP to refer to the pricing conditions that are applied to a sales document. These conditions can include discounts, surcharges, taxes, and other factors that affect the total price of the document. The price condition is determined by the pricing procedure that is assigned to the document. 
  
  How to use it: 
  In order to use price conditions in SAP, you must first create a pricing procedure. This is done by going to the IMG (Implementation Guide) and navigating to the SD-BF-PR Pricing and Conditions component. Once you have created your pricing procedure, you can assign it to a sales document. This will then determine the price conditions that are applied to the document. 
  
  Tips & Tricks: 
  When creating a pricing procedure, it is important to consider all of the factors that may affect the total price of the document. This includes discounts, surcharges, taxes, and other factors. It is also important to consider how these factors interact with each other in order to ensure that the correct price conditions are applied. 
  
  Related Information: 
  For more information on how to create and use pricing procedures in SAP, please refer to the official SAP documentation on SD-BF-PR Pricing and Conditions.