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

SAP Term: classic determination

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Determination based on function modules that can be used in process mode as well as analysis mode, unlike the enhanced determination.

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• Key Concepts: 
  Classic determination is a feature of the ICM Incentive and Commission Management (ICM) component of SAP. It allows users to define and manage incentive and commission plans, including the calculation of commissions and incentives based on predefined criteria. It also provides a comprehensive set of tools for managing and tracking incentive and commission payments.
  
  How to use it: 
  Classic determination can be used to define incentive and commission plans, including the criteria for calculating commissions and incentives. It also provides a range of tools for managing and tracking payments, such as the ability to set up payment schedules, track payments, and generate reports.
  
  Tips & Tricks: 
  When setting up an incentive or commission plan, it is important to ensure that all criteria are clearly defined in order to ensure accurate calculations. Additionally, it is important to ensure that all payment schedules are properly tracked in order to ensure timely payments.
  
  Related Information: 
  The ICM Incentive and Commission Management component of SAP also includes other features such as advanced determination, which allows users to define more complex incentive and commission plans. Additionally, the ICM component also includes features such as performance management, which allows users to track performance metrics such as sales targets.