What is business object category in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: business object category

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management A means of grouping business objects into the same category. Categories of business objects define business objects with the same business criteria. &EXAMPLE& Bus.Object Category -> Business Object Policy Car insurance policy ID:471221 Car insurance policy ID:471222 Cell phone contract -> Mr. Thomas Schmitt ID:123456 Mrs. Helena Schmitt ID:123457

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• Key Concepts: 
  Business Object Category is a term used in SAP ICM Incentive and Commission Management (ICM). It is a type of object that is used to define the structure of the ICM system. It is used to group related objects together, such as business partners, products, and services. 
  
  How to use it: 
  Business Object Categories are used to define the structure of the ICM system. They are used to group related objects together, such as business partners, products, and services. This allows for easier navigation and management of the ICM system. 
  
  Tips & Tricks: 
  When creating Business Object Categories, it is important to consider how they will be used in the ICM system. It is important to create categories that are easy to understand and navigate. Additionally, it is important to consider how the categories will be used in reporting and analytics. 
  
  Related Information: 
  Business Object Categories are closely related to other objects in the ICM system, such as Business Partners, Products, and Services. Additionally, they are closely related to reporting and analytics within the ICM system.