Pricing Procedure | SAP SD
Pricing procedure in SAP is used to automatically determine the procedure for the prices based on the combination of sales area, document pricing and customer pricing procedure. If a user wants to determine the pricing procedure, he can either execute the transaction code OVKK, or follow the path as:
Execute T-code SPRO-> Implementation Guide for R/3 Customizing (IMG)->Sales and distribution-> Basic Functions->Pricing->Pricing control->Define and assign pricing procedure->Define pricing procedure determination
Advantages of using Pricing Procedure:
->It is a way to determine the prices in purchasing documents.
->It gives users the functionality in assigning different calculation types for different requirements.->It assigns the calculation schema combining both the vendor schema group and the purchasing organization schema group.