What is base price in SAP SRD-CRM - CRM-Customer Relationship Management?

SAP Term: base price

• Component: SRD-CRM

• Component Name: CRM-Customer Relationship Management

• Description: The initial price of a product before additional fees such as delivery charges and taxes may be added.

Smart SAP Assistant

• Key Concepts: 
  Base price is a term used in SAP Customer Relationship Management (CRM) to refer to the price of a product or service before any discounts, taxes, or other adjustments are applied. It is the starting point for calculating the final price of a product or service. 
  
  How to use it: 
  In SAP CRM, base prices are used to calculate the final price of a product or service. The base price is adjusted by any discounts, taxes, or other adjustments that may apply. The final price is then displayed to the customer. 
  
  Tips & Tricks: 
  When setting up base prices in SAP CRM, it is important to ensure that all discounts, taxes, and other adjustments are taken into account. This will ensure that customers are charged the correct amount for their purchases. 
  
  Related Information: 
  For more information on setting up base prices in SAP CRM, please refer to the SAP Help Portal.