What is referenced value in SAP SD - Sales and Distribution?

SAP Term: referenced value

• Component: SD

• Component Name: Sales and Distribution

• Description: A value of one or more items that is copied to a sales document from a preceding sales document.

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• Key Concepts: 
  Referenced value is a term used in SAP Sales and Distribution (SD) to refer to a value that is used as a reference for other values. It is used to determine the pricing of goods and services, as well as the terms of payment. The referenced value can be based on a variety of factors, such as the customer's credit rating, the type of product being sold, or the quantity being purchased.
  
  How to Use it: 
  In SAP SD, referenced values are used to determine the pricing and payment terms for goods and services. The referenced value can be based on a variety of factors, such as the customer's credit rating, the type of product being sold, or the quantity being purchased. The referenced value can be set manually or automatically by the system. Once set, it will be used to calculate the pricing and payment terms for each transaction.
  
  Tips & Tricks: 
  When setting up referenced values in SAP SD, it is important to ensure that they are accurate and up-to-date. This will ensure that customers are charged correctly and that payment terms are fair. It is also important to review the referenced values regularly to ensure that they are still relevant and accurate.
  
  Related Information: 
  For more information on referenced values in SAP SD, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to set up and use referenced values in SAP SD.