Pricing list - Retail

Hi all,
For pricelist pricing i have maintained the following settings,
WB02 merchandise catagory level pricelist is activated
Maintained PB00 pricelist condition record(Sales org/dc/pricelist condition table)
Basic data retail(IMG) Distribution chain level pricelist price is activated
Maintained Pricing type determination for price list
Maintained control data pricing table data backup maintained the relevant condition table which is maintained for the PB00.
*Error is:* "No basic purchase price relevant to pricing found with schema RMISR0"
Please let me know where i am going wrong for the pricelist pricing to solve the above
Regards,
Kumaravel

Hi ,
In IS-Retail Sales Price calculation is happening from your Purchase Price. There is a link between Purchase Pricing Procedure and Sales Pricing Procedure.
For your Purchase Pricing Procedure refer RMISRO (TCode M/08)and for every purchase condition type which will affect your Sales Price tick Relevant to Pricing under Tab Sales Pricing.
For Sales Pricing Procedure refer the following link:
http://help.sap.com/bp_bblibrary/600/html/R12_EN_DE.htm
Regards
CSM Reddy

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    Contents [hide]
    1 Retail pricing
    2 Retail Industry
    3 Etymology
    4 Retail types
    5 See also
    6 Notes
    7 References
    [edit] Retail pricing
    The pricing technique used by most retailers is cost-plus pricing. This involves adding a markup amount (or percentage) to the retailers cost. Another common technique is suggested retail pricing. This simply involves charging the amount suggested by the manufacturer and usually printed on the product bize the manufacturer.
    In Western countries, retail prices are often so-called psychological prices or odd prices: a little less than a round number, e.g. $6.95. In Chinese societies, prices are generally either a round number or sometimes a lucky number. This creates price points.
    Often prices are fixed and displayed on signs or labels. Alternatively, there can be price discrimination for a variety of reasons, where the retailer charges higher prices to some customers and lower prices to others. For example, a customer may have to pay more if the seller determines that he or she is willing to. The retailer may conclude this due to the customer's wealth, carelessness, lack of knowledge, or eagerness to buy. Another example is the practice of discounting for youths or students. Price discrimination can lead to a bargaining situation often called haggling, in which the parties negotiate about the price. Economists see this as determining how the transaction's total surplus will be divided into consumer and producer surplus. Neither party has a clear advantage, because of the threat of no sale, in which case the surplus vanishes for both.
    Retailers who are overstocked, or need to raise cash to renew stocks may resort to "Sales", where prices are "marked down", often by advertised percentages - "50% off" for example."Sales" are often held at fixed times of the year, for example January sales, or end-of-season sales, or Blue Cross Sale
    [edit] Retail Industry
    Retail Industry has brought in phenomenal changes in the whole process of production, distribution and consumption of Consumer Goods all over the world. In the present world most of the developed economies are using the Retail Industry as their vital growth instrument. At present, among all the industries of U.S.A the Retail Industry holds the second place in terms of Employment Generation. In fact, the strength of the Retail Industry lies in its ability to generate large volume of employment.
    Not only U.S but also the other developed countries like U.K, Canada, France, Germany are experiencing tremendous growth in their Retail Sectors. This boom in the Global Retail Industry was in many ways accelerated by the Liberalization of Retail Sector.
    Observing this global upward trend of Retail Industry, now the developing countries like India are also planning to tap the enormous potential of the retail sector. Wal-Mart,the world's largest Retailer has been invited to India. Other popular Brands like Pantaloons, Big Bazar, Archies are rapidly increasing their market share in the retail sector. According to a survey, within 5 years, the Indian Retail Industry is expected to generate 10 to 15 million jobs by direct and indirect effects. This huge employment generation can be possible because of the fact that being dependent on the the Retail Sector shares a lot of Forward and Backward Linkages.
    Emergence of a strong Retail Sector can contribute immensely to the economic development of any country. With a dominant retail sector, the farmers and other suppliers can sell their produce directly to the major retail companies and can ensure stable profit. On the other hand, to ensure steady supply of goods, the Retail Companies can inject cash into the production system. This whole process can result into a more efficient production and distribution system for the economy as a whole.
    [edit] Etymology
    Retail comes from the French word retaillier which refers to "cutting off, clip and divide" in terms of tailoring (1365). It first was recorded as a noun with the meaning of a "sale in small quantities" in 1433 (French). Its literal meaning for retail was to "cut off, shred, paring". Like the French, the word retail in both Dutch and German (detailhandel and Einzelhandel respectively) also refer to sale of small quantities or items.[citation needed]
    [edit] Retail types
    According to Jim there are three major types of retailing. The first is the market, a physical location where buyers and sellers converge. Usually this is done in town squares, sidewalks or designated streets and may involve the construction of temporary structures (market stalls). The second form is shop or store trading. Some shops use counter-service, where goods are out of reach of buyers, and must be obtained from the seller. This type of retail is common for small expensive items (e.g. jewelry) and controlled items like medicine and liquor. Self-service, where goods may be handled and examined prior to purchase, has become more common since the Twentieth Century. A third form of retail is virtual retail, where products are ordered via mail, telephone or online without having been examined physically but instead in a catalog, on television or on a website. Sometimes this kind of retailing replicates existing retail types such as online shops or virtual marketplaces such as futurebazaar.com or Amazon.[2].
    Buildings for retail have changed considerably over time. Market halls were constructed in the Middle Ages, which were essentially just covered marketplaces. The first shops in the modern sense used to deal with just one type of article, and usually adjoined the producer (baker, tailor, cobbler). In the nineteenth century, in France, arcades were invented, which were a street of several different shops, roofed over. counters, each dealing with a different kind of article was invented; it was called a department store. One of the novelties of the department store was the introduction of fixed prices, making haggling unnecessary, and browsing more enjoyable. This is commonly considered the birth of consumerism [3]. In cities, these were multi-story buildings which pioneered the escalator.
    In the 1920s the first supermarket opened in the United States, heralding in a new era of retail: self-service. Around the same time the first shopping mall was constructed [4] which incorporated elements from both the arcade and the department store. A mall consists of several department stores linked by arcades (many of whose shops are owned by the same firm under different names). The design was perfected by the Austrian architecht Victor Gruen[5]. All the stores rent their space from the mall owner. By mid-century, most of these were being developed as single enclosed, climate-controlled, projects in suburban areas. The mall has had a considerable impact on the retail structure and urban development in the United States. [6]
    In addition to the enclosed malls, there are also strip malls which are 'outside' malls (in Britain they are called retail parks. These are often comprised of one or more big box stores or superstores.
    Non-traditional exterior of a SuperTarget, JacksonvilleLocal shops can be known as brick and mortar stores in the United States. Many shops are part of a chain: a number of similar shops with the same name selling the same products in different locations. The shops may be owned by one company, or there may be a franchising company that has franchising agreements with the shop owners (see also restaurant chain).
    Some shops sell second-hand goods. Often the public can also sell goods to such shops, sometimes called 'pawn' shops. In other cases, especially in the case of a nonprofit shop, the public donates goods to the shop to be sold (see also thrift store). In give-away shops goods can be taken for free.
    There are also 'consignment' shops, which is where a person can place an item in a store, and if it sells the person gives the shop owner a percentage of the sale price. The advantage of selling an item this way is that the established shop give the item exposure to more potential buyers.
    The term retailer is also applied where a service provider services the needs of a large number of individuals, such as with telephone or electric power.
    IS Retail was original develop to meet specific needs of Retail industry where standard SD/MM cannot.
    - Significant functionality difference are:
    - Store specific features are built into IS Retail where as it is not in
    standard SD/MM.
    - Mass processing of pricing (some of the retail features were
    included as standard SAP as of 4.6)
    - Assortment handling is not in standard SAP
    There are other differences in inventory costing/valuation etc.
    Retail valuation only available in SAP Retail.
    What is known in the trade as the "retail inventory method" or the "retail method" involves valuating stocks at retail, often aggregated at merchandise category or departmental level.
    Both the cost method and the retail method can be used in SAP Retail.
    Actually IS-Retail is a combination of MM and SD plus other funtionalities speacially developed for the retail industry such as:
    Promotions
    Pricing
    Assortments
    Clasification
    Merchandise category
    Seasons
    Is important to mention that all the funtionality of MM and SD is avialable in SAP IS-Retail with some diferences in some transactions:
    Material master data (article in retail) has some diferences.
    Vendor master data.
    Site master data.
    Reward if useful to u

  • Mrp pricing standard procedure

    hi gurus,
    we r using mrp pricing for retail invoice.how to configure it.is there any sap standard pric. procedure for mrp pricing..is there any need to create routines or standards r available.
    can any body help regarding this
    regards
    reddy

    thanks
    I want to create MRP based pricing.
    In MRP based pricing all calculations are done by backward.For that i have to develop one formula which contains Multiplication & division, so for that i have to develop routine, how we define routine?
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    I explain the detail senario as follows:
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    reddy

  • New Requirement Price List

    Dear Sap gurus,
    I posted yesterday the same queries, but i c the comment from sap gurus that my requirement is not very clear.
    My Requirement is to create a new pricing list type ( Field: PLTYP) FOR A particular sales organisation.
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    Pls advice me on this
    Regards
    Phani

    Dear Friend,
    Price LIst Type 9Category) can be defined at:
    IMG - Sales and Distribution - Basic Functions - Pricing - Maintain Price-Relevant Master Data Fields - Define price list categories for customers.
    Here you can define Price List Categories (Types).
    These Proce LIsts Types can be selected at Sales Order - Item Details - Sales B Tab - Price LIst field under Pricing & Statistics Tab.
    Now this Proce LIst type is not defined for any particular Sales Organisation. But what you can do is while maintaining Condition Records, have a selection option of Sales Organisation.
    I mean in the access sequence of Price condition record Sales Organisation in Condition Table.
    Thus the Condition Record for a particular Price LIst would be valid for a particular Sales Organisation only.
    Hope this helps...
    Thanks,
    Jignesh Mehta

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