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Purpose
This component enables you to store pricing stipulations agreed with the vendor (such as applicable discounts or surcharges, or stipulations regarding the payment of freight costs) in the system. You can enter these conditions in quotations, outline purchase agreements, and info records. You also have the option of entering general conditions at vendor level, for example. The system then applies the conditions in determining the price in purchase orders (POs). You can enter further conditions in the PO itself.
There are three kinds of price in Purchasing:
- Gross price
Price without taking any possible discounts and surcharges into account
- Net price
Price taking any applicable discounts and surcharges into account
- Effective price
Net price after deduction of cash discount, with allowance for any miscellaneous provisions, delivery costs, and non-deductible taxes.
Time-Dependent and Time-Independent Conditions
A distinction is made between conditions that are valid for a certain period and conditions for which no special validity period can be specified. In the latter case, the validity period corresponds to that of the purchasing document. Whether time-dependent or time-independent conditions are created is determined via the document type.
If you enter a percentage vendor discount in a PO, this is a time-independent condition. However, if you enter this discount in a contract, the condition is time-dependent.
Conditions Requiring Subsequent (End-of-Period) Settlement
You can also store conditions that do not take effect immediately, but only at the end of a certain period (conditions governing end-of-period rebates). Settlement with regard to such conditions takes place subsequent to the settlement of vendor invoices relating to individual purchase orders.
See also:
SAP Retail Subsequent (End-of-Period Rebate) Settlement
SD Conditions and Pricing
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