What is period rule version in SAP (ICM - Incentive and Commission Management (ICM))?

SAP Term: period rule version

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Documents the valid version of a period rule at a specific time-spot effective and technical time.

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• Key Concepts: 
  Period Rule Version is a feature of ICM Incentive and Commission Management (ICM) that allows users to define rules for a specific period of time. This feature allows users to create different versions of the same rule, which can be used to manage different periods of time. 
  
  How to use it: 
  To use the Period Rule Version feature, users must first create a rule in ICM. Once the rule is created, users can then create different versions of the rule for different periods of time. The versions can be used to manage different periods of time, such as monthly or quarterly. 
  
  Tips & Tricks: 
  When creating a period rule version, it is important to ensure that the version is set up correctly. This includes setting up the start and end dates for the period, as well as any other parameters that need to be set up for the version. Additionally, it is important to ensure that all versions are kept up-to-date with any changes that may occur during the period. 
  
  Related Information: 
  The Period Rule Version feature is part of ICM Incentive and Commission Management (ICM). It is important to note that this feature is only available in certain versions of ICM. Additionally, there are other features available in ICM that can be used in conjunction with the Period Rule Version feature, such as the Performance Rules feature.