What is number of time units in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: number of time units

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Divides a period into gapless intervals, depending on the time unit. The number of time units determines the length of each time interval. Example 1: Period rule: "Quarterly" Time unit: Month No. of time units: 3 A period lasts for three months. Example 2: Actual commission Time unit: Week No. of time units: 2 The length of a fulfillment period is two weeks. Example 3: Month No. of time units: 1 A settlement schedule item is either due on the start date or end date indicator: due date in advance/in arrears of a time period.

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• Key Concepts: 
  Number of time units is a term used in SAP ICM Incentive and Commission Management. It is a measure of the amount of time that has elapsed between two points in time. It is used to calculate the amount of commission or incentive that should be paid out to an employee or partner based on their performance over a certain period of time. 
  
  How to use it: 
  Number of time units can be used to calculate the amount of commission or incentive that should be paid out to an employee or partner based on their performance over a certain period of time. The number of time units is calculated by subtracting the start date from the end date and then dividing the result by the number of days in the period. For example, if an employee has worked for 30 days, then the number of time units would be 30. 
  
  Tips & Tricks: 
  When calculating the number of time units, it is important to ensure that all dates are accurate and up-to-date. This will ensure that the calculation is accurate and that the correct amount of commission or incentive is paid out. 
  
  Related Information: 
  The number of time units can also be used to calculate other metrics such as average sales per day or average sales per month. This can be useful for tracking performance over a longer period of time and for making decisions about future incentives or commissions.