This SAP MM (Material Management) tutorial, explains to the users the step-by-step procedure to define Price marking in the SAP system with proper screenshots of every step performed.
What is Price Marking in SAP?
Price Marking in SAP MM is a type of marking that enables the results of the standard cost estimate to be updated for the future standard price in the material master database.
How to Define Price Marking in SAP?
Please follow the steps below to define the Supplier Hierarchy in your SAP system:
Enter t-code SPRO in the SAP command field and press Enter to execute the transaction code.
On the next screen click the SAP Reference IMG button to proceed to the next steps.
Now navigate to the following SAP IMG path:
SPRO > SAP Reference IMG > Material Management > Purchasing > Supplier Master > Suplier Hierachy > Define Supplier Hierarchy Categories
Next on the Change View "Define Supplier Hierarchy Categories: Overview screen you will see a list of all previously defined price markings on your SAP system.
Next, click the New Entries button to define a new price marking
Now on the screen enter the following fields for the new :
- Hierarchy Cat: Enter the one character that will define the new supplier hierarchy category
- Default Part.function: Enter the default partner function
Once all the details have been entered click the Save button to save the newly defined price marking.
Now select your Customization Request id and press Enter to go to the next screen.
Next, the message Data was saved will be displayed at the bottom of your screen implying all the details for the new Price Marking have been saved in your system.
You have successfully defined the new Price Marking on your SAP system.