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

SAP Term: remuneration rule

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Determines which remunerations are paid for a commission activity. The remuneration rule is defined in the determination. For each commission activity group, you can define multiple remuneration rules.

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• Key Concepts: 
  Remuneration rules are used in SAP ICM Incentive and Commission Management to define the criteria for calculating and distributing incentives and commissions. They are used to define the conditions under which a commission or incentive is paid, such as the amount of sales achieved, the type of customer, or the type of product sold.
  
  How to use it: 
  Remuneration rules are created in SAP ICM Incentive and Commission Management by defining the criteria for calculating and distributing incentives and commissions. This includes setting up the conditions under which a commission or incentive is paid, such as the amount of sales achieved, the type of customer, or the type of product sold. The rules can also be used to define how much commission or incentive is paid out for each condition.
  
  Tips & Tricks: 
  When creating remuneration rules in SAP ICM Incentive and Commission Management, it is important to consider all possible scenarios that could affect the calculation of commissions and incentives. This includes taking into account any discounts or promotions that may be offered to customers, as well as any special conditions that may apply to certain types of customers or products.
  
  Related Information: 
  SAP ICM Incentive and Commission Management provides a comprehensive set of tools for managing remuneration rules. These include features such as automated calculations, reporting capabilities, and integration with other SAP modules. Additionally, SAP provides a range of training materials and support services to help users get up to speed with using ICM Incentive and Commission Management.