What is complex valuation in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: complex valuation

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management This is based on the valuation results of multiple lower-level complex or elementary valuations.

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• Key Concepts:
  Complex Valuation is a feature of SAP ICM Incentive and Commission Management (ICM) that allows for the calculation of complex incentive and commission structures. It enables users to define multiple levels of incentives and commissions, as well as to set up different rules for each level. This allows for more accurate and efficient calculations of incentives and commissions.
  
  How to use it:
  To use Complex Valuation, users must first define the incentive and commission structure they wish to use. This includes setting up the different levels of incentives and commissions, as well as defining the rules for each level. Once this is done, users can then use the Complex Valuation feature to calculate the incentives and commissions based on the defined structure.
  
  Tips & Tricks:
  When setting up the incentive and commission structure, it is important to ensure that all rules are clearly defined and that all levels are properly linked. This will help ensure that the calculations are accurate and efficient. Additionally, it is important to regularly review the structure to ensure that it is up-to-date with any changes in business needs or regulations.
  
  Related Information:
  SAP ICM Incentive and Commission Management (ICM) provides a comprehensive solution for managing incentive and commission structures. It includes features such as Complex Valuation, which allows for more accurate and efficient calculations of incentives and commissions. Additionally, SAP ICM also provides features such as performance tracking, reporting, analytics, and more.