What is remaining liability value in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: remaining liability value

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management The value that dictates what liability value still remains on a remuneration after the liability calculation.

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• Key Concepts: 
  Remaining liability value is a term used in SAP ICM Incentive and Commission Management. It is the amount of money that an organization is liable to pay out to its sales representatives for commissions earned. This amount is calculated based on the total commission earned by the sales representative, minus any payments already made. 
  
  How to use it: 
  The remaining liability value can be used to track the amount of money that an organization owes its sales representatives. This information can be used to ensure that all payments are made in a timely manner and that the organization is not overpaying its sales representatives. Additionally, it can be used to track the performance of individual sales representatives and ensure that they are being compensated fairly for their efforts. 
  
  Tips & Tricks: 
  It is important to regularly review the remaining liability value to ensure that all payments are being made in a timely manner. Additionally, it is important to review the performance of individual sales representatives and ensure that they are being compensated fairly for their efforts. 
  
  Related Information: 
  The remaining liability value is closely related to other terms such as commission rate, commission earned, and total commission earned. It is important to understand how these terms interact with each other in order to accurately track payments and performance. Additionally, it is important to understand how these terms interact with other aspects of an organization’s incentive and commission management system, such as bonus structures and performance metrics.