Pricing is an intrinsic part of Sales & Distribution. Systemhas provided extensive features to map various pricingscenarios in business environment.
‘Pricing’ term is used to explain the calculation of pricesfor customers or vendors and costs for internalpurposes.
‘Conditions’ are extensively used in pricing. Theserepresent a set of circumstances that apply when a priceis calculated. These are based on many variable factorslike Customer, Material, Order quantity, Period etc.
Condition technique is main basis of pricing in sales.