What is 'threshold value for retention' in SAP ICM - Incentive and Commission Management (ICM)?

threshold value for retention - Overview

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Indicates the lower level for the total remuneration amount in a given period, starting from which remuneration is created.

threshold value for retention - Details

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  Key Concepts:
  Threshold value for retention is a feature of SAP ICM Incentive and Commission Management (ICM) that allows users to set a minimum amount of commission that must be earned before it can be retained by the user. This feature helps to ensure that users are not paid too little for their work and that they are compensated fairly.
  
  How to use it:
  To use the threshold value for retention feature, users must first set a minimum amount of commission that they would like to receive before it can be retained. This can be done in the ICM settings menu. Once the threshold has been set, any commission earned below this amount will not be retained by the user.
  
  Tips & Tricks:
  It is important to set a realistic threshold value for retention that is both fair to the user and reasonable for the company. Setting a threshold value that is too high may result in users not being paid enough for their work, while setting a threshold value that is too low may result in the company losing money.
  
  Related Information:
  The threshold value for retention feature is just one of many features available in SAP ICM Incentive and Commission Management (ICM). Other features include commission calculation, payment processing, and reporting.