FORMULA AND AVERAGE PRICING title: formula and average pricing (IS-OIL-DS-MAP) (SAP Library - Glossary)
FORMULA AND AVERAGE PRICING category: Marketing, Accounting and Pricing (IS-OIL-DS-MAP)
FORMULA AND AVERAGE PRICING explained:
A calculation that uses quotations such as those from Platts, Reuters, and others to determine the price of a material.
It can be used both on the purchasing side (MM) as well as on the sales side (SD).
The purpose of formula and average pricing is to enable the calculation of product prices based on external quotations over a set period of time. The calculation is performed with company-defined calculation rules. Currency fluctuations within the time period are taken into account either by daily conversion or by averaging.
More terms such as formula and average pricing in Dictionary F.
- Manual Feature Lock:
- Help Group of features that are jointly locked at some time during the life cycle of a contract due to a certain business-related occurrence formula and average pricing definition.
- Manual Forward Exchange:
- Help use the forward exchange function if they urgently need a serviceable part from the subcontractor even though they have not yet sent the unserviceable parts to the subcontractor for repair. The formula and average pricing explain.
- Manual FX Exposure (IS-B-RA):
- Help cash flows that are subject to currency risk. This term is used in the SEM data pool. The FX exposure is calculated from the following: Foreign currency payments from underlying transactions formula and average pricing what is.
- Manual Franchise Fee Group:
- Help Company's own grouping of business partners that are subject to the same franchise fee conditions, such as major customers formula and average pricing meaning.
- Manual Final Input Tax Distribution:
- Help Type of input tax distribution that you are not permitted to repeat using a different option rate (unlike preliminary input tax distribution formula and average pricing abbreviation.
