What is 'net price' in SAP SRM-EBP-INV - Invoicing?

net price - Overview

• Component: SRM-EBP-INV

• Component Name: Invoicing

• Description: Price of an item product or service per unit. When you create an invoice in SAP Enterprise Buyer, you will find the net price as part of the item information.

net price - Details

• 
  Key Concepts: 
  Net price is a term used in SAP SRM-EBP-INV Invoicing to refer to the total price of a product or service after any discounts or deductions have been applied. It is the final amount that the customer will be charged for the item. 
  
  How to use it: 
  In SAP SRM-EBP-INV Invoicing, net price is calculated by subtracting any discounts or deductions from the original price of the item. This can be done manually or automatically, depending on the system configuration. Once the net price has been calculated, it can be used to generate an invoice for the customer. 
  
  Tips & Tricks: 
  When calculating net price, it is important to ensure that all discounts and deductions are taken into account. This will help to ensure that customers are not overcharged and that invoices are accurate. 
  
  Related Information: 
  Net price is closely related to gross price, which is the original price of an item before any discounts or deductions have been applied. It is also related to invoice pricing, which is the process of generating an invoice based on the net price of an item.