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

SAP Term: price fixation process

• Component: SD-BF-PR

• Component Name: Pricing and Conditions

• Description: A process in which you define price fixation options and subsequently exercise them at a later time. The agreed fixed prices are then used during the net price calculation.

Smart SAP Assistant

• Key Concepts: 
  Price fixation process is a component of the SAP Sales and Distribution (SD) module. It is used to fix prices for goods and services that are sold by a company. The process involves setting up pricing conditions, such as discounts, surcharges, and taxes, and then applying them to the goods or services being sold. The price fixation process also allows for the creation of special pricing agreements with customers. 
  
  How to use it: 
  The price fixation process in SAP SD is used to set up pricing conditions for goods and services. This includes setting up discounts, surcharges, taxes, and other pricing conditions. Once these conditions are set up, they can be applied to the goods or services being sold. Special pricing agreements can also be created with customers. 
  
  Tips & Tricks: 
  When setting up pricing conditions in the price fixation process, it is important to ensure that all of the necessary information is included. This includes the type of condition (discount, surcharge, tax, etc.), the amount of the condition, and any other relevant information. It is also important to ensure that all of the conditions are correctly applied to the goods or services being sold. 
  
  Related Information: 
  The price fixation process in SAP SD is part of the Pricing and Conditions (SD-BF-PR) component. For more information on this component, please refer to the SAP Help Portal or contact your local SAP representative.