What is preliminary material in SAP XAP-CQM - Cost and Quotation Management (SAP xCQM)?

SAP Term: preliminary material

• Component: XAP-CQM

• Component Name: Cost and Quotation Management (SAP xCQM)

• Description: Material that does not exist in xCQM environment is set as Preliminary Material.Any new material can be called and set as preliminary material.

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• Key Concepts: 
  Preliminary material is a type of material used in SAP xCQM Cost and Quotation Management. It is a material that is used to calculate the cost of a product or service before it is actually produced. This type of material can include raw materials, labor costs, overhead costs, and other related costs. 
  
  How to use it: 
  In SAP xCQM Cost and Quotation Management, preliminary material can be used to calculate the cost of a product or service before it is actually produced. This type of material can be added to the cost calculation by entering the quantity, unit price, and other related information into the system. The system will then calculate the total cost of the product or service based on the preliminary material entered. 
  
  Tips & Tricks: 
  When entering preliminary material into SAP xCQM Cost and Quotation Management, it is important to ensure that all relevant information is entered accurately. This will ensure that the cost calculation is accurate and that any potential discrepancies are avoided. Additionally, it is important to keep track of any changes made to the preliminary material as this could affect the overall cost calculation. 
  
  Related Information: 
  For more information on using preliminary material in SAP xCQM Cost and Quotation Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use this feature in SAP xCQM Cost and Quotation Management.