What is entitlement object identification in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: entitlement object identification

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Unique identification of an entitlement object category.

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• Key Concepts: 
  Entitlement object identification is a feature of SAP ICM Incentive and Commission Management (ICM) that allows users to identify and track entitlements for their sales representatives. Entitlements are the rights and privileges that sales representatives have to receive commissions, bonuses, or other rewards based on their performance. Entitlement object identification allows users to assign unique identifiers to each entitlement, making it easier to track and manage them.
  
  How to use it: 
  To use entitlement object identification, users must first create an entitlement object in SAP ICM. This can be done by selecting the “Create Entitlement Object” option from the ICM menu. Once the entitlement object is created, users can assign a unique identifier to it. This identifier can be used to track and manage the entitlement in SAP ICM.
  
  Tips & Tricks: 
  When creating an entitlement object in SAP ICM, it is important to ensure that the identifier is unique and easy to remember. This will make it easier for users to track and manage their entitlements in the future. Additionally, it is important to ensure that all relevant information about the entitlement is included in the object, such as the type of reward or commission associated with it.
  
  Related Information: 
  Entitlement object identification is just one of many features available in SAP ICM Incentive and Commission Management. Other features include commission calculation, performance tracking, and reporting capabilities. For more information about these features, please refer to the official SAP documentation.