What is 'entitlement and liability transfer' in SAP ICM - Incentive and Commission Management (ICM)?

entitlement and liability transfer - Overview

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Transfer of remuneration and liability entitlements between commission contracts.

entitlement and liability transfer - Details

• 
  Key Concepts: 
  Entitlement and liability transfer is a feature of SAP ICM Incentive and Commission Management (ICM) that allows users to transfer entitlements and liabilities between different accounts. This feature is useful for companies that need to manage multiple accounts and need to transfer entitlements and liabilities between them. 
  
  How to use it: 
  To use the entitlement and liability transfer feature, users must first set up the accounts they wish to transfer entitlements and liabilities between. Once the accounts are set up, users can then select the accounts they wish to transfer entitlements and liabilities between. The user can then select the type of entitlement or liability they wish to transfer, such as commission or bonus payments. Finally, the user can enter the amount of entitlement or liability they wish to transfer and click “Transfer” to complete the process. 
  
  Tips & Tricks: 
  When transferring entitlements and liabilities, it is important to ensure that all accounts involved in the transaction are properly set up with the correct information. Additionally, it is important to ensure that all amounts being transferred are accurate and up-to-date. 
  
  Related Information: 
  For more information on entitlement and liability transfers in SAP ICM Incentive and Commission Management (ICM), please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use this feature.