What is price in SAP SRD-MD-PRD - FDN-Product Master?

SAP Term: price

• Component: SRD-MD-PRD

• Component Name: FDN-Product Master

• Description: The cost at which a product or asset can be purchased.

Smart SAP Assistant

• Key Concepts: 
  Price is a component of the SAP SRD-MD-PRD FDN-Product Master. It is used to define the cost of a product or service. It can be set up as a fixed price or as a variable price based on certain criteria. The price component also allows for discounts and surcharges to be applied to the product or service. 
  
  How to use it: 
  The price component of the SAP SRD-MD-PRD FDN-Product Master can be used to set up pricing for products and services. This can be done by entering the desired price in the “Price” field. If a variable pricing structure is desired, additional criteria can be entered in the “Variables” field. Discounts and surcharges can also be applied by entering them in the “Discounts/Surcharges” field. 
  
  Tips & Tricks: 
  When setting up pricing for products and services, it is important to consider all of the variables that may affect the price. This includes factors such as market conditions, customer demand, and competition. Additionally, it is important to consider any discounts or surcharges that may apply to the product or service. 
  
  Related Information: 
  For more information on setting up pricing in SAP SRD-MD-PRD FDN-Product Master, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SRD_MD_PRD_FDN/latest/en-US/.