What is difference between pricing report & condition index?

Pricing Report:

A Pricing report basically helps to get the list of all the pricing details which we have maintained in the system. We can get details of all the condition types including the scales. We can get the details as per our requirement i.e., Sales org/Dc/Division/Plant /material etc wise. The selection criteria would be as per the Key combination which you select in the IMG screen

You get following information from pricing report.

1. It informs you about the customer specific price agreements that were made within a certain period
2. From pricing report you can know which condition records exist for freight charges
3. Which condition records exist for customers in a particular region or country

You can create your own pricing reports with V/LA.

Also

V/LD is very useful. This can be customized. 
The sales personnel use it to

1. get information for price (discounts) that existed at previous period (Say June 200X)

2. Inform potential buyer about the current price (and discounts)

3. Review price and discounts.

Though all the above T Codes and there are many More standard SAP Reports have very high utility, it is not widely used. Clients prefer customized reports when it comes to pricing reports - all Z programs and Transactions. 

These kind of reports are generally required by the Top Management for periodical review // Finance team for price control // Master data team for record purposes // Process audits by Internal/external agency // Of late, for every SOX audit done in the company...especially the change records for prices.

Condition Index

Condition index is very useful for searching the condition record for a customer.
It becomes easier and faster to search for condition records for a customer or material just like it become easier to search a topics in the book with help of index.

You have to mark the "condition index" check box in the condition type and you have to activate the index in customization.

You can set the discount for fast ten orders through "condition update".

First, in your discount condition type(V/06) activate the "condition update" check box.

Second, in the condition record, in additional data put "maximum number of orders" as 10.

You may also create the condition record for discount through VK31. Now go to change(VK32), scroll to the right, you will find a column "N". This is maximum number of order field. Here you can put value 10 and save it.

Now, system will give the discount to the first 10 orders.

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