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

SAP Term: price fixation limit

• Component: SD-BF-PR

• Component Name: Pricing and Conditions

• Description: Limit of a quantity up to which a price can be fixed, entered either as a unit of measure or as a percentage.

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• Key Concepts: 
  Price fixation limit is a feature in SAP SD-BF-PR Pricing and Conditions that allows users to set a maximum price for a particular item. This limit can be used to ensure that the price of an item does not exceed a certain amount, regardless of any discounts or other pricing conditions that may be applied. 
  
  How to use it: 
  To use the price fixation limit feature, users must first define the maximum price for the item in question. This can be done in the pricing conditions tab of the item master data. Once the limit is set, it will be applied to all sales orders for that item. If the calculated price exceeds the limit, an error message will be displayed and the order will not be processed. 
  
  Tips & Tricks: 
  It is important to note that the price fixation limit only applies to sales orders and not to other types of documents such as quotations or contracts. Additionally, it is important to ensure that the limit is set correctly as it cannot be changed once it has been saved. 
  
  Related Information: 
  For more information on how to use the price fixation limit feature in SAP SD-BF-PR Pricing and Conditions, please refer to the official SAP documentation.