What is manual retention process in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: manual retention process

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management The process that allows the manual processing of retention for a commission contract.

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• Key Concepts: 
  The manual retention process in SAP ICM Incentive and Commission Management (ICM) is a feature that allows users to manually retain a certain percentage of commission payments for a specified period of time. This feature is used to ensure that the commission payments are not released until the specified period of time has elapsed. This feature is especially useful for companies that need to ensure that their commission payments are not released too quickly.
  
  How to use it: 
  To use the manual retention process in SAP ICM, users must first set up the retention period. This can be done by navigating to the “Retention” tab in the ICM configuration screen. From there, users can specify the percentage of commission payments that will be retained and the length of time for which they will be retained. Once this is done, all commission payments will be automatically retained for the specified period of time.
  
  Tips & Tricks: 
  When setting up the manual retention process in SAP ICM, it is important to ensure that the retention period is long enough to ensure that all commission payments are properly retained. It is also important to note that this feature only applies to commission payments and does not affect other types of payments such as bonuses or incentives.
  
  Related Information: 
  For more information on how to use the manual retention process in SAP ICM, please refer to the official SAP documentation or contact your local SAP support team. Additionally, there are many online resources available that provide detailed instructions on how to set up and use this feature.