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

SAP Term: termination rule

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management A rule that you define when you create a partnership to determine the procedure for terminating the partnership in the event of its unscheduled ending.

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• Key Concepts: 
  A termination rule in SAP ICM Incentive and Commission Management (ICM) is a set of conditions that determine when a commission plan should be terminated. It is used to define when a commission plan should end, such as when a certain amount of time has passed or when a certain goal has been achieved. 
  
  How to use it: 
  To use a termination rule in SAP ICM, you must first create the rule. This can be done by navigating to the “Termination Rules” tab in the ICM configuration screen. From there, you can create a new rule by entering the conditions that will trigger the termination of the commission plan. Once the rule is created, it can be applied to any commission plan in the system. 
  
  Tips & Tricks: 
  When creating a termination rule, it is important to consider all possible scenarios that could trigger the termination of the commission plan. For example, if you are creating a rule for a sales team, you may want to include conditions such as “when all sales goals have been met” or “when all sales quotas have been exceeded”. 
  
  Related Information: 
  For more information on how to use termination rules in SAP ICM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/ICM/6.0/en-US/f9f8d7a2b3e14c8a9f3d7c2b5f9e4d1a.html