What is 'calculation' in SAP CEC-SAL-COM - Sales Cloud Commissions?

calculation - Overview

• Component: CEC-SAL-COM

• Component Name: Sales Cloud Commissions

• Description: To make an appropriate and usually counterbalancing payment.

calculation - Details

• 
  Key Concepts: 
  Calculation is a feature of the CEC-SAL-COM Sales Cloud Commissions component of SAP. It allows users to define and manage commission plans, calculate commissions, and track performance. It also provides a comprehensive view of commission plans and performance across the organization. 
  
  How to use it: 
  To use the calculation feature, users must first define their commission plans. This includes setting up rules for calculating commissions, such as commission rates, payment terms, and eligibility criteria. Once the plans are set up, users can then calculate commissions based on the rules they have defined. 
  
  Tips & Tricks: 
  When setting up commission plans, it is important to consider the different types of sales reps that will be using the system. Different types of reps may require different commission rates or payment terms. Additionally, it is important to consider how often commissions should be calculated and paid out. 
  
  Related Information: 
  The CEC-SAL-COM Sales Cloud Commissions component also includes features such as reporting and analytics, which allow users to track performance and identify areas for improvement. Additionally, users can set up automated notifications to alert them when commissions are due or when performance goals have been met.