What is price unit in SAP SLL - Global Trade Services?

SAP Term: price unit

• Component: SLL

• Component Name: Global Trade Services

• Description: The unit to which the valuation price in the material master record relates.

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• Key Concepts: 
  Price unit is a term used in SAP Global Trade Services (GTS) to refer to the unit of measure used to calculate the price of goods or services. It is used to determine the cost of goods or services in different currencies and can be set up in the system to reflect the currency of the country where the goods or services are being sold. 
  
  How to use it: 
  In SAP GTS, price units are set up in the system and can be used to calculate the cost of goods or services in different currencies. The price unit is determined by the currency of the country where the goods or services are being sold. The price unit can be changed at any time, allowing for flexibility when dealing with different currencies. 
  
  Tips & Tricks: 
  When setting up a price unit in SAP GTS, it is important to ensure that it is set up correctly and accurately reflects the currency of the country where the goods or services are being sold. This will ensure that all calculations are accurate and that there are no discrepancies when dealing with different currencies. 
  
  Related Information: 
  For more information on setting up a price unit in SAP GTS, please refer to the SAP Help documentation. Additionally, there are many online resources available that provide detailed instructions on how to set up a price unit in SAP GTS.