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

SAP Term: liability transfer

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Transfer of liability resulting from remuneration entitlements from one commission contract to another. Liability transfer normally goes hand in hand with entitlement transfer.

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• Key Concepts: 
  Liability transfer is a feature of SAP ICM Incentive and Commission Management (ICM) that allows companies to transfer liabilities from one entity to another. This feature is useful for companies that have multiple entities and need to manage their liabilities across different entities. 
  
  How to use it: 
  To use the liability transfer feature, companies must first set up the entities in SAP ICM. Once the entities are set up, companies can then transfer liabilities from one entity to another. This can be done manually or through automated processes. 
  
  Tips & Tricks: 
  When transferring liabilities, it is important to ensure that all of the necessary information is included in the transfer. This includes the amount of the liability, the date of the transfer, and any other relevant information. Additionally, it is important to ensure that all of the entities involved in the transfer are properly set up in SAP ICM. 
  
  Related Information: 
  The liability transfer feature is part of SAP ICM Incentive and Commission Management (ICM). For more information on how to use this feature, please refer to the SAP ICM documentation or contact your SAP representative.