Question - What is Pricing and its different kinds of elements in SAP SD?
Answer -
In SAP SD, pricing is mentioned as a process that generally includes the calculation of costs and prices for both external vendors and customers. Defining the pricing elements, these are the condition types present in an SAP system. The condition types are defined as a set of scenarios that are taken care of at the time when pricing is assigned to a service or product. Some such elements are surcharges, prices, taxes, and discounts.