What is contribution percentage in SAP FS-MCM-PDM - Payment Distribution and Monitoring?

SAP Term: contribution percentage

• Component: FS-MCM-PDM

• Component Name: Payment Distribution and Monitoring

• Description: Participant account share in percentage of the contribution payments to the plan.

Smart SAP Assistant

• Key Concepts: 
  Contribution percentage is a feature of the FS-MCM-PDM Payment Distribution and Monitoring component of SAP. It is used to define the percentage of a payment that should be allocated to each of the different accounts associated with a payment. This allows for more accurate and efficient payment distribution. 
  
  How to use it: 
  To use contribution percentage, first define the accounts associated with a payment. Then, assign a percentage to each account that reflects the amount of the payment that should be allocated to it. Finally, enter the total amount of the payment and the system will automatically calculate and distribute the payments according to the contribution percentages. 
  
  Tips & Tricks: 
  When setting up contribution percentages, it is important to ensure that the total contribution percentage adds up to 100%. This will ensure that all of the payment is allocated correctly. Additionally, it is important to double check that all of the accounts associated with a payment have been assigned a contribution percentage. 
  
  Related Information: 
  For more information on contribution percentage and other features of FS-MCM-PDM Payment Distribution and Monitoring, please refer to SAP’s official documentation.