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Component: ICM
Component Name: Incentive and Commission Management (ICM)
Description: Incentive and Commission Management A rule that contains all the attributes for implementing entitlement and liability transfer. &EXAMPLE& The rule for entitlement and liability calls for a mandatory recalculation of remuneration entitlement before transfer to another account.
Key Concepts: The rule for entitlement and liability transfer in SAP ICM Incentive and Commission Management (ICM) is a feature that allows users to transfer entitlements and liabilities between different accounts. This feature is useful for managing complex commission structures, such as those involving multiple tiers of sales representatives. How to use it: To use the rule for entitlement and liability transfer in SAP ICM, users must first create a rule that defines the conditions under which entitlements and liabilities can be transferred. This rule can be based on criteria such as the type of transaction, the amount of commission earned, or the date of the transaction. Once the rule is created, users can then transfer entitlements and liabilities between accounts according to the conditions specified in the rule. Tips & Tricks: When creating a rule for entitlement and liability transfer in SAP ICM, it is important to consider how the rule will affect other parts of the commission structure. For example, if a rule allows entitlements to be transferred from one account to another, it may also affect the amount of commission earned by other accounts in the same tier. Related Information: For more information about using the rule for entitlement and liability transfer in SAP ICM, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature effectively.