What is basis of assessment in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: basis of assessment

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management The basis for assessing remuneration is always a valuation type which results from the valuation process.

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• Key Concepts: 
  Basis of assessment is a term used in ICM Incentive and Commission Management (ICM). It is the criteria used to determine the amount of commission or incentive that should be paid out to a salesperson or other employee. This criteria can include factors such as sales volume, customer satisfaction, and other performance metrics. 
  
  How to use it: 
  The basis of assessment is set up by the company and can be customized to fit their specific needs. It is important to ensure that the criteria used are fair and consistent across all employees. Once the basis of assessment has been established, it can be used to calculate the amount of commission or incentive that should be paid out to each employee. 
  
  Tips & Tricks: 
  When setting up the basis of assessment, it is important to consider all relevant factors that could affect an employee’s performance. This could include factors such as customer satisfaction, sales volume, and other performance metrics. Additionally, it is important to ensure that the criteria used are fair and consistent across all employees. 
  
  Related Information: 
  For more information on ICM Incentive and Commission Management (ICM), please visit SAP’s website at https://www.sap.com/products/incentive-and-commission-management.html. Additionally, you can find more information on setting up a basis of assessment in SAP’s help documentation at https://help.sap.com/viewer/product/ICM/1.0/en-US/f9f8d7a2b3e14c8f9a7d6c3e2b7f5d6a.html?q=basis%20of%20assessment.