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

fixed value - Overview

• Component: CEC-SAL-COM

• Component Name: Sales Cloud Commissions

• Description: A numerical quantity used to represent an amount. Used to store static numeric values for use in different rules. You can specify fixed values apply only to a specified period.

fixed value - Details

• 
  Key Concepts: 
  Fixed value is a type of commission calculation in the CEC-SAL-COM Sales Cloud Commissions component of SAP. It is used to calculate a fixed amount of commission for each sale, regardless of the sale amount. This type of commission calculation is useful for salespeople who are paid a flat rate for each sale they make. 
  
  How to use it: 
  To use fixed value commission calculation in the CEC-SAL-COM Sales Cloud Commissions component, you must first set up a commission plan with the fixed value option enabled. Once the plan is set up, you can assign it to salespeople and they will be paid a fixed amount for each sale they make. 
  
  Tips & Tricks: 
  When setting up a commission plan with the fixed value option enabled, it is important to consider the amount of commission that will be paid out. Make sure that the amount is fair and reasonable for both the salesperson and the company. 
  
  Related Information: 
  For more information on setting up commission plans with the fixed value option enabled in SAP, please refer to the official SAP documentation.