A pricing strategy is a pricing entity that defines the overall pricing approach for a market segment. A pricing strategy consists of a header and one or more pricing segments. The header contains the general information and settings for the pricing strategy, such as the name, description, objective, business unit, default currency, start date, and end date1. When creating a pricing strategy header, the following fields are required2:
Name: The name of the pricing strategy. It must be unique within the pricing business unit.
Business Unit: The business unit that owns the pricing strategy. It determines the scope and visibility of the pricing strategy.
Default Currency: The currency that is used for the pricing strategy. It is used to convert the prices of the items that are priced in different currencies.
Start Date: The date when the pricing strategy becomes effective. It cannot be earlier than the current date.
Reference:
Overview of Pricing Entities
Create Pricing Strategy Headers