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

SAP Term: temporary account

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management A construct that enables you to make a temporary assignment of assignment objects to business objects. The assignment objects are parked for a limited time in this temporary account as "available portfolio" until an assignment is made for them. This type of assignment represents a special form of portfolio transfer.

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• Key Concepts: 
  A temporary account is a type of account used in SAP ICM Incentive and Commission Management (ICM). It is a special type of account that is used to store and track the commission payments made to sales representatives. The temporary account is used to track the commission payments until they are transferred to the sales representative's permanent account. 
  
  How to use it: 
  In SAP ICM, the temporary account is used to store and track commission payments made to sales representatives. The commission payments are stored in the temporary account until they are transferred to the sales representative's permanent account. The temporary account can be accessed through the SAP ICM system and can be used to view the commission payments made to sales representatives. 
  
  Tips & Tricks: 
  When using the temporary account in SAP ICM, it is important to ensure that all commission payments are properly tracked and transferred to the sales representative's permanent account. It is also important to ensure that all commission payments are properly recorded in the system so that they can be accurately tracked and reported. 
  
  Related Information: 
  SAP ICM also provides other features such as reporting, analytics, and forecasting tools that can be used to analyze and manage commission payments. Additionally, SAP ICM provides a variety of tools for managing incentive programs such as bonus programs, loyalty programs, and referral programs.