Here we are going to learn about the pricing , its conditions & procedures in SAP SD module from a PDF training material.The term pricing is used broadly to describe the calculation of prices (for external use by customers or vendors) and costs (for internal purposes, such as cost accounting).
Conditions represent a set of circumstances that apply when a rice is calculated. For example, a particular customer orders a certain quantity of a particular product on a certain day. The variable factors here – the customer, the product, the order quantity, the date – determine the final price the customer gets. The information about each of these factors can be stored in the system as master data. This master data is stored in the form of condition records.