What is complex price in SAP SRD-SRM-SC - SRM-Sourcing and Contracting?

SAP Term: complex price

• Component: SRD-SRM-SC

• Component Name: SRM-Sourcing and Contracting

• Description: A monetary value assigned to a product that can vary depending on factors such as the quantity or value of products purchased. For example a supplier may use price scales, and sell a product at one price up to a specified quantity, but reduce the price per product when a purchase above the specified quantity is made.

Smart SAP Assistant

• Key Concepts: 
  Complex price is a pricing model used in SAP SRM-Sourcing and Contracting. It allows for the creation of complex pricing structures that can be used to calculate the total cost of a purchase order. This model allows for the use of multiple pricing elements, such as discounts, surcharges, and taxes, to be applied to the purchase order. 
  
  How to Use It: 
  In order to use complex price in SAP SRM-Sourcing and Contracting, you must first create a pricing structure. This structure will define the different pricing elements that will be used in the calculation of the total cost of the purchase order. Once the structure is created, it can then be applied to a purchase order. The system will then calculate the total cost of the purchase order based on the pricing elements defined in the structure. 
  
  Tips & Tricks: 
  When creating a complex price structure, it is important to ensure that all of the pricing elements are correctly defined. This will ensure that the system calculates the correct total cost for each purchase order. Additionally, it is important to review all of the pricing elements before applying them to a purchase order, as this will help to avoid any errors or discrepancies in the final cost calculation. 
  
  Related Information: 
  For more information on complex price in SAP SRM-Sourcing and Contracting, please refer to SAP's official documentation on this topic. Additionally, there are many online resources available that provide detailed tutorials and examples on how to use complex price in SAP SRM-Sourcing and Contracting.