term point price help what is
Meaning of price point. What is it: points consist of amounts that are fractionally lower than a.

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Definition price point

PRICE POINT title: price point (IS-R) (SAP Library - Glossary)
PRICE POINT category: Retail (IS-R)
PRICE POINT explained:

Special type of set sales price.

In Retail, most price points consist of amounts that are fractionally lower than a round figure (for example, 1.99 USD). Price points are used because consumers perceive them to be cheaper. Wholesalers, on the other hand, tend to use round figures.

The sales price calculation function uses price points as targets for rounding; rounding a price calculated from planning data as 1.92 USD to 1.99 USD, for example.

Price points are first grouped into price point groups by price point area. These price point groups are then assigned to an organizational level/material group or to an article hierarchy node. A rule is also defined for the price point group that specifies how the price calculated with the sales price calculation function is to be rounded to the set price point of a price point area (rounded up or down, or to the nearest whole figure, for example).

More terms such as price point in Dictionary P.

Manual Project Template ID:
Help for a project template. When you create a project template, the system either generates a unique project template ID value itself or validates the value entered by the user. In both cases, the format price point definition.
Manual Payment Request Claim:
Help A payment made in advance of executing the terms and conditions of an agreement and/or in advance of incurring expenditures price point explain.
Manual PC Connection:
Help Interface between the PC environment and the SAP system The PC connection creates the link between the PC and the host system. It enables data exchange in both directions price point what is.
Manual Primary Buying Rate:
Help the in-house cash center charges the house bank. The secondary ask rate on the other hand is set by the in-house cash center, and is used as the exchange rate for transactions with subsidiaries price point meaning.
Manual Plan Characteristic:
Help taken from the database table defined in the planning step and for which plan data is to be generated. A plan characteristic is the level at which planning takes place (for example, purchasing price point abbreviation.
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