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

SAP Term: activity type

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Activities a commission recipient can carry out and earn commission on. You can assign more than one activity type to an activity group. Activity types can be: New business Increase In-force business

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• Key Concepts: 
  Activity type is a component of ICM Incentive and Commission Management (ICM). It is used to define the type of activity that will be used to calculate commissions. Activity types are used to define the rules and parameters for calculating commissions, such as the commission rate, commission amount, and other criteria. 
  
  How to use it: 
  Activity types are used to define the rules and parameters for calculating commissions. They can be used to set up different commission rates for different activities, such as sales, referrals, or customer service. Activity types can also be used to set up different commission amounts for different activities. 
  
  Tips & Tricks: 
  When setting up activity types, it is important to consider the different activities that will be used to calculate commissions. This will help ensure that the correct commission rates and amounts are applied. It is also important to consider any additional criteria that may need to be taken into account when calculating commissions. 
  
  Related Information: 
  For more information on activity types and how they are used in ICM Incentive and Commission Management (ICM), please refer to the SAP Help documentation.