I just wanted to know if CLM wave 7 provided funtionalitity to capture rebates, incoterms, premiums and penalties at line item level as part of pricing conditions?
with SAP Sourcing Wave 7 in addition to the item price as well a rebate is supported on item level for agreements and the transfer to an ERP system (ERP 6.0 and higher). On header level you can use either a percentage or fixed amount rebate which can as well be transfered to ERP (e.g. creating an outline agreement). This features are only available for agreements and not for sourcing events (RFx). An agreement supports as well penalties (on header and item level), but within standard they are not integrated with ERP.
As Baski mentioned with SAP Sourcing Wave 8 (On demand only) price conditions for RFx and agreements are supported and are getting further enhanced with Wave 9 which will be available as OD and on premise.
In Wave 7, you can consider using "Formula based pricing" model and include supplier entered attributes ot type price in the formula to achieve this
(e.g. unit_price + surcharge_SEA1 - discount_amt_SEA2 )
The price condition support is added in Wave 8 for integrated documents and this formula creation is automatic