Pricing Procedure configuration in SAP MM | SAP MM Course

Pricing Procedure: It is about fixing the price of a Material.
The primary idea behind the pricing process is the blending of several types of fees, including Gross Price, Freight, Discount, Surcharges, etc.
To combine all of these conditions into a single process where we can discover the sub-total for net amount, we apply the pricing approach.
To understand pricing procedure, we have to be comfortable about these below things :
1. Condition Table
2. Access Sequence
3. Condition Type
4. Condition Record.
5. Schema Group
6. Calculation Schema
7. Schema Determination
Steps Involved:
DEFINE/MAINATIN CONDITION TABLE
DEFINE ACCESS SEQUNCE
DEFINE CONDITION TYPES
DEFINE CALCULATION SCHEMA
DEFINE THE SCHEMA GROUP
DEFINE THE SCHEMA DETERMINATION
XK02 - VENDOR SCHEMA GROUP
CREATE CONDITION RECORD - MEK1
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[@mbhaskar4058]

EXCELLENT EXPLANATION SIR

[@Life360HN]

clean explanation, thanks so much

[@ravighatole]

Very good explanation.. good job

[@ShreehariShaldar]

Thank you for your nice words.

[@shriyashsonawane3093]

Kindly crosscheck the statement against the PB00 and PBXX?

[@anshitajaiswal4512]

Thanks for uploading the video and sharing your knowledge . Make more videos

[@prakashkharade8385]

Very simple & detailed explanation to understand...covering all the terminology for Pricing procedure...👌👌

[@budurusanjeev7649]

Good & clean explanation, Thanks.

[@shrikanth37]

Nice explanation, thank you so much.

[@karunanagabotu301]

I have little confusion and fear on this topic. But after watching this vedio it is easy to understand.tq u.expecting more

[@prasannagowda9741]

Good explanation, Thanks.

[@unbelievable91]

Sir , The condition type which you have created so in real life that condition types are created by SAP SD consultant or SAP MM Consultant ?

[@ShreehariShaldar]

It depends on what kind of condition type the client is asking. If it is related to SD it will done by Sad consultants and if it is for MM then MM consultants will create them.