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

SAP Term: suspension

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Suspension of a contract in terms of insurance benefits cover and premium payment. A contract can be suspended if coverage is to cease for a certain period. Possible reasons for suspending a contract can be: Season for example, where insurance for a motorcycle applies only to the summer months. Temporary unemployment Temporary residence abroad Illness

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• Key Concepts: 
  Suspension in ICM Incentive and Commission Management (ICM) is a feature that allows users to temporarily stop the processing of a particular commission plan. This can be done for a variety of reasons, such as when a plan needs to be updated or when a user needs to investigate an issue with the plan. Suspension can also be used to prevent new transactions from being processed until the issue is resolved.
  
  How to use it: 
  To suspend a commission plan in ICM, users must first select the plan they wish to suspend from the list of available plans. Once selected, users can click the “Suspend” button to suspend the plan. This will prevent any new transactions from being processed until the plan is unsuspended. 
  
  Tips & Tricks: 
  When suspending a commission plan, it is important to note that any transactions that have already been processed will not be affected by the suspension. It is also important to remember that suspending a plan does not delete it; it simply prevents new transactions from being processed until the plan is unsuspended. 
  
  Related Information: 
  For more information on suspension in ICM, please refer to the official SAP documentation on the topic. Additionally, there are many online resources available that provide detailed instructions on how to use this feature in ICM.