What is net price in SAP SRD-SRM-SI - SRM-Supplier Invoicing?

SAP Term: net price

• Component: SRD-SRM-SI

• Component Name: SRM-Supplier Invoicing

• Description: The price of a material or service including surcharges and discounts and excluding taxes. In supplier invoices, the net price does not contain any surcharges or discounts.

Smart SAP Assistant

• Key Concepts: 
  Net price is a term used in SAP Supplier Invoicing (SRM-SI) to refer to the total amount of money that a supplier charges for goods or services, minus any discounts or deductions. This amount is the final amount that the customer pays for the goods or services. 
  
  How to use it: 
  In SAP Supplier Invoicing, net price is calculated by taking the total amount of money charged for goods or services and subtracting any discounts or deductions. This amount is then used to calculate the total amount due from the customer. 
  
  Tips & Tricks: 
  When calculating net price, it is important to ensure that all discounts and deductions are taken into account. This will ensure that the customer pays the correct amount for the goods or services. 
  
  Related Information: 
  Net price is related to other terms such as gross price, which is the total amount of money charged for goods or services before any discounts or deductions are taken into account. It is also related to terms such as invoice price, which is the total amount due from the customer after all discounts and deductions have been taken into account.