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

SAP Term: agreement rule

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management The core of an agreement. It determines the individual details of an agreement.

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• Key Concepts: 
  Agreement rules are used in ICM Incentive and Commission Management (ICM) to define the conditions under which a commission or incentive is paid out. They are used to determine the amount of commission or incentive that is due to a salesperson or other employee based on their performance. Agreement rules can be set up to include criteria such as sales volume, customer type, product type, and more. 
  
  How to use it: 
  Agreement rules are used to define the criteria for when a commission or incentive is paid out. They can be set up in ICM Incentive and Commission Management (ICM) by defining the criteria that must be met in order for a commission or incentive to be paid out. This includes setting up criteria such as sales volume, customer type, product type, and more. Once the agreement rule is set up, it can be applied to any salesperson or other employee who meets the criteria. 
  
  Tips & Tricks: 
  When setting up agreement rules in ICM Incentive and Commission Management (ICM), it is important to ensure that the criteria are clearly defined and easy to understand. This will help ensure that the agreement rule is applied correctly and that the correct amount of commission or incentive is paid out. It is also important to review the agreement rule periodically to ensure that it is still relevant and up-to-date. 
  
  Related Information: 
  For more information on setting up agreement rules in ICM Incentive and Commission Management (ICM), please refer to the official SAP documentation. Additionally, there are many online resources available that provide tips and tricks for setting up agreement rules in ICM.