What is Price Lists in SAP SRD-CRM - CRM-Customer Relationship Management?

SAP Term: Price Lists

• Component: SRD-CRM

• Component Name: CRM-Customer Relationship Management

• Description: A work center view that allows you to define separate price lists such as base price, customer price, customer discount, customer group discount, product discount, and product group discount.

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• Key Concepts: 
  Price Lists are a feature of SAP Customer Relationship Management (CRM) that allow users to create and manage lists of prices for products and services. Price Lists are used to define the prices of products and services for customers, and can be used to set different prices for different customers or groups of customers. 
  
  How to use it: 
  Price Lists can be created in SAP CRM by navigating to the “Price Lists” tab in the CRM menu. From there, users can create new Price Lists, edit existing Price Lists, or delete Price Lists. When creating a new Price List, users can specify the currency, the customer group, and the pricing conditions. Once a Price List is created, users can add products and services to it and set their prices. 
  
  Tips & Tricks: 
  When creating a Price List, it is important to make sure that all of the pricing conditions are correct. It is also important to make sure that the customer group is correctly specified so that the correct customers will be able to access the Price List. Additionally, it is important to make sure that all of the products and services have been added correctly and that their prices are correct. 
  
  Related Information: 
  For more information on using Price Lists in SAP CRM, please refer to the SAP Help Portal or contact your local SAP support team. Additionally, there are many online resources available that provide tutorials and tips on using Price Lists in SAP CRM.