What is 'change past list price' in SAP SRD-SRM-SC - SRM-Sourcing and Contracting?

change past list price - Overview

• Component: SRD-SRM-SC

• Component Name: SRM-Sourcing and Contracting

• Description: To indicate that the system will update a released list price, instead of creating a new version of the list price.

change past list price - Details

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  Key Concepts: 
  Change past list price is a feature in SAP SRM-Sourcing and Contracting that allows users to modify the list price of an item after it has been created. This feature is useful for making corrections to the list price of an item, or for updating the list price of an item to reflect changes in market prices. 
  
  How to use it: 
  To change the past list price of an item, users must first navigate to the “Change Past List Price” screen in SAP SRM-Sourcing and Contracting. From there, users can select the item they wish to modify and enter the new list price. Once the new list price has been entered, users can save their changes and the new list price will be applied to the item. 
  
  Tips & Tricks: 
  When changing the past list price of an item, it is important to ensure that all relevant information is entered correctly. This includes entering the correct item number, as well as entering the correct new list price. Additionally, users should double-check their changes before saving them, as any mistakes made could result in incorrect pricing for the item. 
  
  Related Information: 
  For more information on how to use the Change Past List Price feature in SAP SRM-Sourcing and Contracting, users can refer to SAP’s official documentation on the topic. Additionally, users can contact their