What is core package in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: core package

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management An independent package that does not require any other package and cannot be combined with other core packages. Each application contains a single core package that determines the type of application.

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• Key Concepts: 
  The SAP Core Package is a set of core components that are included in the SAP ERP system. It includes the basic functionality needed to run a business, such as financials, logistics, and human resources. The ICM Incentive and Commission Management (ICM) component is part of the core package and provides a comprehensive solution for managing incentive and commission programs. 
  
  How to use it: 
  The ICM component allows users to create and manage incentive and commission programs. It provides tools for setting up rules, calculating commissions, and tracking performance. It also provides reporting capabilities to help users analyze their programs and make adjustments as needed. 
  
  Tips & Tricks: 
  When setting up an incentive or commission program, it is important to consider the goals of the program and how it will be measured. This will help ensure that the program is successful and that it meets the desired objectives. Additionally, it is important to review the program periodically to ensure that it is still meeting its goals. 
  
  Related Information: 
  The ICM component is part of the SAP Core Package, which also includes components such as Financials, Logistics, Human Resources, and more. Additionally, there are other components available that can be used in conjunction with ICM to provide additional functionality. These include components such as Sales & Distribution (SD), Materials Management (MM), and Plant Maintenance (PM).