What is commission contract end date in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: commission contract end date

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management This date is the legal end date of a commission contract.

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• Key Concepts: 
  The commission contract end date is a field in the ICM Incentive and Commission Management (ICM) component of SAP. It is used to define the end date of a commission contract, which is an agreement between two parties that outlines the terms of a commission payment. The commission contract end date is used to determine when the commission payment should be made. 
  
  How to use it: 
  The commission contract end date can be set in the ICM component of SAP. To do this, navigate to the ICM Incentive and Commission Management (ICM) component and select the “Commission Contract” tab. From there, select the “End Date” field and enter the desired date. 
  
  Tips & Tricks: 
  It is important to ensure that the commission contract end date is set correctly in order to ensure that commission payments are made on time. Additionally, it is important to note that the commission contract end date should be set before any other fields in order for it to take effect. 
  
  Related Information: 
  For more information on setting up a commission contract in SAP, please refer to the SAP Help Portal at https://help.sap.com/viewer/product/SAP_ICM/7.0/en-US.