What is actual commission in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: actual commission

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management In contrast to target commission, actual commission is paid out only when the agreed activity has actually been realized.

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• Key Concepts: 
  Actual commission is a term used in SAP ICM Incentive and Commission Management. It is the amount of commission that is actually paid out to an employee or sales representative based on their performance. This amount is calculated using a set of rules and parameters that are defined in the system. 
  
  How to use it: 
  Actual commission can be calculated in SAP ICM by setting up a commission plan. This plan defines the rules and parameters that will be used to calculate the actual commission amount for each employee or sales representative. The plan can be set up to include different types of commissions, such as fixed, variable, or bonus commissions. Once the plan is set up, the system will automatically calculate the actual commission amount for each employee or sales representative based on their performance. 
  
  Tips & Tricks: 
  When setting up a commission plan in SAP ICM, it is important to ensure that all of the rules and parameters are properly configured. This will ensure that the actual commission amounts are calculated accurately and that employees and sales representatives are paid out correctly. Additionally, it is important to review the commission plan regularly to ensure that it is still relevant and up-to-date with current market conditions. 
  
  Related Information: 
  For more information about SAP ICM Incentive and Commission Management, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/ICM/1.0/en-US