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

SAP Term: agreement

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management A module that can be assigned to the commission contract as a contractual element. Rules can be defined for each agremeent. For each agreement you can decide whether it is: Agreed individually in the commission contract Defaulted in the standard commission contract, but modifiable in the commission contract Defaulted in the standard commission contract, but not modifiable. Considered a global agreement, in which case it is valid for the whole company in all applications and all commission contracts. Examples of agreements are: Activity agreements Remuneration agreements Liability agreements

Smart SAP Assistant

• Key Concepts: 
  Agreement in ICM is a contract between a company and its sales representatives, partners, or customers. It defines the terms of the incentive or commission program, such as the amount of commission to be paid, the duration of the agreement, and any other conditions that must be met. 
  
  How to use it: 
  In ICM, agreements are created and managed in the Agreement Management module. This module allows users to define the terms of an agreement, assign it to a specific sales representative or partner, and track its progress. The agreement can also be used to set up payment schedules and track payments. 
  
  Tips & Tricks: 
  When creating an agreement in ICM, it is important to ensure that all of the terms are clearly defined and agreed upon by both parties. This will help ensure that all parties understand their obligations and that payments are made on time. 
  
  Related Information: 
  For more information on ICM Agreement Management, please refer to the SAP Help Portal.