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

SAP Term: remuneration form

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Classifies remuneration into performance-related remuneration, guarantees and flat rates. Performance-related remuneration is paid on the basis of proof of performance, depending on results commission, bonus Guarantees ensure the defined minimum remuneration, which may or may not be offset against other remuneration. Flat rates are based on agreements; payment is made without proof of performance office costs, market development costs.

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• Key Concepts: 
  Remuneration form is a feature of SAP ICM Incentive and Commission Management (ICM) that allows users to define the structure of their remuneration plans. It enables users to define the criteria for calculating remuneration, such as the type of incentive, the amount of commission, and the duration of the plan. The remuneration form also allows users to set up rules for how the remuneration is calculated and distributed. 
  
  How to use it: 
  To use the remuneration form, users must first define their remuneration plan. This includes setting up criteria for calculating remuneration, such as the type of incentive, the amount of commission, and the duration of the plan. Once these criteria are set up, users can then create rules for how the remuneration is calculated and distributed. 
  
  Tips & Tricks: 
  When setting up a remuneration plan, it is important to consider all aspects of the plan, including how it will be calculated and distributed. Additionally, it is important to ensure that all criteria are clearly defined so that there is no confusion when calculating and distributing remuneration. 
  
  Related Information: 
  For more information on SAP ICM Incentive and Commission Management (ICM), please visit https://www.sap.com/products/incentive-and-commission-management.html. Additionally, for more information on setting up a remuneration plan in SAP ICM, please visit https://help.sap.com/viewer/product/SAP_ICM/7.0/en-US/f3d8f9a2b6c14e8a9f3d7c2b5f1e4d6a.html?q=remuneration%20form.