What is account assignment type in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: account assignment type

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Business key containing all account assignment information relevant for posting such as posting key, cost type, salary type. Account assignment is carried out correctly in the subsequent systems by means of the account assignment types. An account assignment type contains information on the two possible forms of account assignment settlement account assignment, cost account assignment. In the settlement agreement of the standard commission contract, settlement types are assigned to settlement account assignments. In the remuneration and guarantee agreements, remuneration types are assigned to cost account assignments.

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• Key Concepts: 
  Account assignment type is a feature of ICM Incentive and Commission Management (ICM) that allows users to assign accounts to different types of transactions. This helps to ensure that the correct accounts are used for each transaction, and that the transactions are properly tracked and reported. 
  
  How to use it: 
  To use account assignment type, users must first create an account assignment type in ICM. This can be done by selecting the “Account Assignment Type” option from the ICM menu. Once an account assignment type has been created, users can assign accounts to different types of transactions. This can be done by selecting the “Assign Accounts” option from the ICM menu. 
  
  Tips & Tricks: 
  When creating an account assignment type, it is important to ensure that the correct accounts are assigned to each transaction type. This will help to ensure that all transactions are properly tracked and reported. Additionally, it is important to keep track of any changes made to account assignment types, as this can affect how transactions are tracked and reported. 
  
  Related Information: 
  For more information on account assignment type in ICM, please refer to the SAP Help documentation. Additionally, there are many online resources available that provide detailed information on how to use account assignment type in ICM.