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

SAP Term: technical validity

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Documentation of the exact time a change is processed. This does not have to correspond to the time the change is to become effective. Technical validity always refers to the clock in the database server. Timestamp format: YYYY.MM.DD hh:mm:ss. It is checked against the actual evaluation date, which can only to differ from the current time if subsequent checks are made to results.

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• Key Concepts: 
  Technical validity is a feature of the ICM Incentive and Commission Management (ICM) system that ensures that all data entered into the system is valid and accurate. It checks for errors in data entry, such as incorrect values, missing fields, or incorrect formatting. This helps to ensure that all calculations are accurate and that the system is functioning properly.
  
  How to use it: 
  To use technical validity, you must first set up the validation rules for each field in the ICM system. These rules can be customized to meet your specific needs. Once the rules are set up, the system will automatically check for errors when data is entered into the system. If an error is detected, it will be flagged and you will be notified so that you can take corrective action.
  
  Tips & Tricks: 
  It is important to regularly review your validation rules to ensure they are up-to-date and accurate. This will help to ensure that your data is always valid and accurate. Additionally, it is important to train your staff on how to use the validation rules so that they can quickly identify any errors and take corrective action.
  
  Related Information: 
  The ICM Incentive and Commission Management system also includes features such as data security, audit trails, and reporting capabilities. These features help to ensure that all data entered into the system is secure and accurate. Additionally, they provide a way to track changes made to the system over time.