Where is the purchasing price of a product stored?

The purchasing price of a product is stored in the Condition Master Record. This record allows for the management of different pricing conditions applicable to various scenarios, including discounts, surcharges, or specific pricing agreements with vendors. The Condition Master Record is essential in determining the final price for procurement processes in SAP, as it includes all information related to price conditions applicable to purchasing transactions.

This enables companies to easily maintain and update pricing details while ensuring that purchasing data remains accurate across various transactions and agreements. Furthermore, the flexibility offered by the Condition Master Record allows the pricing structure to adapt to changing market conditions or vendor agreements, which is vital for effective procurement management.

Other records such as the Material Master contain various details about the material but do not specifically hold purchasing prices. The Vendor Master is primarily focused on supplier information, and the Purchasing Info Record, while it does store pricing information related to specific materials from specific vendors, is more of a combinational record that links details between the Material Master and Vendor Master for specific procurement scenarios.