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

SAP Term: product

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Sales product defined by marketing. A product may either be made up of several tariffs or allows special conditions on the basis of existing tariffs or is calculated on its own.

Smart SAP Assistant

• Key Concepts: 
  Product is a term used in SAP ICM Incentive and Commission Management (ICM) to refer to the items or services that are sold by a company. It is used to track the performance of sales representatives and their commissions. 
  
  How to use it: 
  In SAP ICM, products are used to track the performance of sales representatives and their commissions. The product can be anything from a physical item to a service. It is important to accurately define the product in order to ensure accurate tracking of sales performance and commission payments. 
  
  Tips & Tricks: 
  When defining a product in SAP ICM, it is important to include all relevant information such as product name, description, price, and any other relevant details. This will ensure that the product is accurately tracked and commissions are paid out correctly. 
  
  Related Information: 
  For more information on SAP ICM Incentive and Commission Management, please visit the official SAP website at https://www.sap.com/products/incentive-and-commission-management.html