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Wednesday, May 8, 2013

Functionality behind Pricing Date in the Sales Order

The "Pricing Date" in the sales document is used to determine correct prices (Based on condition master records with validity periods) for the sales order.
For example, let's say you adjust prices in the beginning of every year. This year you are going to create a contract for a customer which is valid from next year. Therefore the prices which should appear in the contract have to be next year prices, not this year prices. In such a scenario, "Pricing date" field plays a key role. When you create the pricing condition records in transaction VK11, you have to specify the validity periods. When determining correct prices in the sales order, the pricing date works in conjunction with these validity periods.

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