What is new remuneration line in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: new remuneration line

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Remuneration line that is created as a result of the transfer of entitlement or liability.

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• Key Concepts: 
  New remuneration line is a feature of SAP ICM Incentive and Commission Management (ICM) that allows users to create and manage remuneration lines for their sales representatives. This feature enables users to define the criteria for each remuneration line, such as the type of product or service, the commission rate, and the payment terms. 
  
  How to use it: 
  To use the new remuneration line feature in SAP ICM, users must first create a new remuneration line. This can be done by selecting the “Create New Remuneration Line” option from the ICM menu. Once the new remuneration line is created, users can then define the criteria for the line, such as the type of product or service, the commission rate, and the payment terms. 
  
  Tips & Tricks: 
  When creating a new remuneration line in SAP ICM, it is important to ensure that all criteria are properly defined. This will help ensure that sales representatives are properly compensated for their work. Additionally, it is important to review and update existing remuneration lines on a regular basis to ensure that they remain up-to-date with current market conditions. 
  
  Related Information: 
  For more information about SAP ICM Incentive and Commission Management, please visit https://www.sap.com/products/incentive-and-commission-management.html. Additionally, there are many online resources available that provide detailed information about how to use SAP ICM and its features.