What is 'condition rate' in SAP SD - Sales and Distribution?

condition rate - Overview

• Component: SD

• Component Name: Sales and Distribution

• Description: A figure in the pricing procedure that determines how the system calculates a condition value. Depending on the condition type, the amount can be an absolute value or a percentage value.

condition rate - Details

• 
  Key Concepts: 
  Condition rate is a pricing element in SAP Sales and Distribution (SD) that allows you to define a price for a certain quantity of goods or services. It is used to calculate the total price of an order based on the quantity of goods or services ordered. The condition rate is determined by the customer's contract and can be changed at any time. 
  
  How to use it: 
  In SAP SD, condition rate is used to determine the total price of an order. To set up a condition rate, you must first create a pricing procedure and assign it to the customer's contract. Then, you can define the condition rate for each item in the order. The condition rate will be applied when calculating the total price of the order. 
  
  Tips & Tricks: 
  When setting up a condition rate, make sure to check the customer's contract to ensure that the correct rate is applied. Additionally, it is important to keep track of any changes in the condition rate as they can affect the total price of an order. 
  
  Related Information: 
  For more information on setting up condition rates in SAP SD, please refer to SAP Help documentation. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to set up condition rates in SAP SD.