What is Opportunity Volume in SAP SRD-CRM-OPP - CRM-Opportunities?

SAP Term: Opportunity Volume

• Component: SRD-CRM-OPP

• Component Name: CRM-Opportunities

• Description: A report that shows you the number and value of opportunities.

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• Key Concepts: 
  Opportunity Volume is a term used in SAP CRM to refer to the total value of an opportunity. It is calculated by multiplying the quantity of a product or service by its unit price. Opportunity Volume is used to measure the potential value of a sales opportunity and can be used to compare different opportunities. 
  
  How to use it: 
  In SAP CRM, Opportunity Volume can be found in the SRD-CRM-OPP component. To calculate Opportunity Volume, enter the quantity and unit price of a product or service into the relevant fields. The Opportunity Volume will then be automatically calculated and displayed. 
  
  Tips & Tricks: 
  When calculating Opportunity Volume, it is important to ensure that the correct quantity and unit price are entered. This will ensure that the Opportunity Volume is accurate and can be used for comparison purposes. 
  
  Related Information: 
  Opportunity Volume is closely related to other terms such as Sales Revenue, which is the total amount of money received from a sale, and Gross Profit, which is the difference between Sales Revenue and Cost of Goods Sold. Understanding these terms can help you better understand how Opportunity Volume works in SAP CRM.