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Component: ICM
Component Name: Incentive and Commission Management (ICM)
Description: Incentive and Commission Management Remuneration line of the ceding contract.
Key Concepts: Ceding remuneration line is a feature of SAP ICM Incentive and Commission Management (ICM). It is used to define the amount of commission that is ceded to a third party, such as an agent or broker. The ceding remuneration line also defines the conditions under which the commission is paid, such as the type of transaction or the amount of sales. How to use it: In order to use the ceding remuneration line, you must first create a ceding remuneration line in SAP ICM. This can be done by navigating to the “Ceding Remuneration Lines” tab in the ICM application. Once there, you can enter the details of the commission that will be ceded, such as the type of transaction, amount of sales, and other conditions. Tips & Tricks: When creating a ceding remuneration line, it is important to ensure that all of the details are accurate and up-to-date. This will ensure that the commission is paid correctly and on time. Additionally, it is important to review all of the conditions associated with the ceding remuneration line before it is activated. Related Information: For more information about SAP ICM Incentive and Commission Management (ICM), please refer to SAP’s official documentation. Additionally, there are many online resources available that provide detailed tutorials and best practices for using ICM.