What do you understand by surcharge and discount? What are predefined

What do you understand by surcharge and discount? What are predefined discount type in SAP system?

Answer»

A standard SAP system includes variety of common discount types. You can also define customize discounts and surcharges as per business requirement.

Standard SAP system includes below discount types −

Discount (Key)	Kind of discount
Customer (K007)	Percentage
Material (K004)	Absolute
Price group (K020)	Percentage
Material group (K029)	Absolute discount by weight
Customer/material (K005)	Absolute
Customer/material group (K030)	Percentage
Price group/material (K032)	Absolute
Price group/material group(K030)	Percentage
Rebate processing (BO01)	Group rebate (%)
Rebate Processing (BO02)	Material rebate (fixed)
Rebate processing(BO03)	Customer rebate(%)
Inter-company processing (P101)	Intercompany discount (fixed)
Inter-company billing (P102)	Intercompany discount (%)
Invoice lists (RL00)	Factoring discount
Invoice lists (MW15)	Factoring discount tax