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

SAP Term: effectively end a commission contract

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management The effective end of a commission contract is that point after which no further commissions are calculated for this particular contract.

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• Key Concepts: 
  In SAP ICM Incentive and Commission Management, effectively ending a commission contract means that the contract is no longer valid and all associated activities are stopped. This includes any payments, deductions, or other activities related to the contract. 
  
  How to use it: 
  To effectively end a commission contract in SAP ICM, the user must first navigate to the “Contracts” tab in the ICM application. From there, they can select the contract they wish to end and click the “End Contract” button. This will terminate the contract and all associated activities. 
  
  Tips & Tricks: 
  When ending a commission contract in SAP ICM, it is important to ensure that all associated activities have been completed before terminating the contract. This includes any payments, deductions, or other activities related to the contract. 
  
  Related Information: 
  For more information on effectively ending a commission contract in SAP ICM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/ICM/6.0/en-US/f8d7f9a2b3e14c8a9f3d7c2b5f9e4d1a.html