How to use EEDM_FRM01 - Create RTP Formula

SAP Transaction Code - Details

• Transaction Code: EEDM_FRM01

  Description: Create RTP Formula

  Release: S/4HANA and ECC 6

• • Program: SAPLEEDM_FORMULA_DEFN

    Screen: 100

    Authorization Object:

  • Development Package: EE_EDM_RTP

    Package Description: Real-Time Pricing

    Parent Package: IS-U/CCS

  • Module/Component: IS-U-EDM

    Description: Energy Data Management

Smart SAP Assistant

• SAP Tcode: EEDM_FRM01 - Create RTP Formula

  
  Overview:
  EEDM_FRM01 is a transaction code in SAP that allows users to create a Real Time Pricing (RTP) formula. This formula is used to calculate the price of a product or service based on the current market conditions. The RTP formula can be used to set prices for products and services in real time, allowing businesses to remain competitive and maximize profits. 
  
  Functionality: 
  The EEDM_FRM01 transaction code allows users to create an RTP formula that takes into account various factors such as the current market conditions, customer demand, and other external factors. The formula can be used to set prices for products and services in real time, allowing businesses to remain competitive and maximize profits. The RTP formula can also be used to adjust prices based on customer demand or other external factors. 
  
  Step-by-step How to Use: 
  1. Access the EEDM_FRM01 transaction code in SAP. 
  2. Enter the necessary information such as the product or service name, pricing parameters, and other relevant data. 
  3. Create the RTP formula by entering the necessary parameters and calculations. 
  4. Save the formula and activate it for use in pricing calculations. 
  5. Monitor the results of the RTP formula and make adjustments as needed. 
  
  Other Recommendations: 
  It is important to regularly review and update the RTP formula to ensure that it is up-to-date with current market conditions and customer demand. Additionally, it is recommended that users test the RTP formula before activating it for use in pricing calculations to ensure accuracy and effectiveness.