What is fee calculation date in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: fee calculation date

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Defines the type of commission document. Examples Remuneration document Transfer posting document Settlement document

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• Key Concepts: 
  The fee calculation date is a field in the ICM Incentive and Commission Management (ICM) component of SAP. It is used to determine when a fee or commission should be calculated. This date is typically set to the date of the transaction, but can be adjusted to a different date if needed. 
  
  How to use it: 
  The fee calculation date can be set in the ICM configuration settings. This setting can be adjusted to a different date if needed. For example, if a transaction was made on one day but the fee should be calculated on another day, the fee calculation date can be changed accordingly. 
  
  Tips & Tricks: 
  It is important to ensure that the fee calculation date is set correctly in order for fees and commissions to be calculated accurately. It is also important to note that the fee calculation date should not be set to a future date, as this could result in incorrect calculations. 
  
  Related Information: 
  For more information about setting the fee calculation date in ICM, please refer to the SAP Help documentation. Additionally, there are many online resources available that provide more detailed information about using ICM and setting the fee calculation date.