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

SAP Term: actual value

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management The value that is actually reached for each elementary target and period in a commission contract.

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• Key Concepts: 
  Actual value is a term used in SAP ICM Incentive and Commission Management. It is the actual amount of money that is paid out to an employee or partner for a particular commission or incentive. This amount is calculated based on the performance of the employee or partner and the rules set by the company. 
  
  How to use it: 
  Actual value is used to calculate the amount of money that should be paid out to an employee or partner for a particular commission or incentive. The actual value is calculated based on the performance of the employee or partner and the rules set by the company. The actual value can then be used to determine how much money should be paid out to the employee or partner. 
  
  Tips & Tricks: 
  When calculating actual value, it is important to ensure that all relevant information is taken into account. This includes performance metrics, rules set by the company, and any other factors that may affect the amount of money that should be paid out. Additionally, it is important to ensure that all calculations are accurate and up-to-date in order to ensure that employees and partners are paid correctly. 
  
  Related Information: 
  SAP ICM Incentive and Commission Management provides a comprehensive suite of tools for managing commissions and incentives. It includes features such as automated calculations, reporting, and analytics, as well as tools for managing payments and tracking performance. Additionally, SAP ICM provides a range of resources for understanding how to use its features effectively.