What is price conditions in SAP SRD-SRM - SRM-Supplier Relationship Management?

SAP Term: price conditions

• Component: SRD-SRM

• Component Name: SRM-Supplier Relationship Management

• Description: The terms related to the price charged for a product, such as surcharges or discounts. Price conditions are based on contracts, list prices, or product and supplier information, and may have a fixed validity period.

Smart SAP Assistant

• Key Concepts: 
  Price conditions are a set of rules that define the pricing of goods and services in SAP SRM. They are used to determine the price of a product or service based on certain criteria such as quantity, discounts, and other factors. Price conditions are also used to define the terms of payment, such as payment terms, payment methods, and payment deadlines. 
  
  How to use it: 
  In SAP SRM, price conditions are created in the “Price Conditions” tab of the “Purchasing” module. Here, users can define the pricing rules for a particular product or service. The user can also specify the payment terms and payment methods for each price condition. 
  
  Tips & Tricks: 
  When creating price conditions in SAP SRM, it is important to consider the different factors that may affect the pricing of a product or service. For example, discounts may be applied based on quantity or other criteria. It is also important to consider the payment terms and payment methods when creating price conditions. 
  
  Related Information: 
  For more information on creating price conditions in SAP SRM, please refer to the official SAP documentation. Additionally, there are many online tutorials and resources available that provide step-by-step instructions on how to create price conditions in SAP SRM.