How to use WMB1 - Create Competitor Price Entry

SAP Transaction Code - Details

• Transaction Code: WMB1

  Description: Create Competitor Price Entry

  Release: S/4HANA and ECC 6

• • Program: RWVKP015

    Screen: 1000

    Authorization Object: W_VKPR_VKO

  • Development Package: WVKP

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: WMB1 - Create Competitor Price Entry

  
  Overview:
  The SAP transaction code WMB1 is used to create a competitor price entry in the system. This transaction code is used to store and manage competitor prices in the system, allowing users to compare their own prices with those of their competitors. 
  
  Functionality: 
  The WMB1 transaction code allows users to enter competitor prices into the system. This information can then be used to compare prices and make decisions about pricing strategies. The transaction code also allows users to view and edit existing competitor price entries. 
  
  Step-by-step How to Use: 
  To use the WMB1 transaction code, follow these steps 
  1. Enter the transaction code WMB1 into the command field. 
  2. Enter the relevant data for the competitor price entry, such as the name of the competitor, the product name, and the price. 
  3. Click “Save” to save the entry. 
  4. To view or edit an existing entry, enter the relevant data into the search fields and click “Search”. 
  5. To delete an existing entry, select it from the list and click “Delete”. 
  
  Other Recommendations: 
  It is important to keep competitor prices up-to-date in order to make informed decisions about pricing strategies. Therefore, it is recommended that users regularly review and update existing entries using the WMB1 transaction code.