What is adjustment claim in SAP (ICM - Incentive and Commission Management (ICM))?

SAP Term: adjustment claim

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management With certain forms of contract termination, claim made by a full-time commercial agent for financial compensation of the advantage gained by the company through the agent's doing. This includes continued existence of the contracts negotiated by the commercial agent.

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• Key Concepts:
  An adjustment claim is a type of claim in SAP ICM Incentive and Commission Management (ICM). It is used to adjust the amount of commission or incentive that has been paid out to a sales representative or partner. The adjustment claim can be used to increase or decrease the amount of commission or incentive that has been paid out.
  
  How to use it:
  In order to use an adjustment claim, the user must first create a new claim in SAP ICM. Once the claim has been created, the user can then enter the details of the adjustment that needs to be made. This includes the amount of commission or incentive that needs to be adjusted, as well as any other relevant information. Once all of the details have been entered, the user can then submit the claim for approval.
  
  Tips & Tricks:
  When creating an adjustment claim, it is important to ensure that all of the details are accurate and up-to-date. This will help to ensure that the adjustment is processed quickly and accurately. Additionally, it is important to keep track of all claims that have been submitted in order to ensure that any adjustments are made in a timely manner.
  
  Related Information:
  Adjustment claims are just one type of claim that can be created in SAP ICM Incentive and Commission Management (ICM). Other types of claims include new business claims, renewal claims, and bonus claims. Additionally, there are various reports available in SAP ICM which can be used to track and monitor all claims that have been submitted.