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

SAP Term: triggering method

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Trigger/information from the operational system: Change type or transaction key that was used for creating, moving or changing the commission-triggering object in the calling system. In insurance this may be: New entry Change Tariff change Risk increase

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• Key Concepts: 
  Triggering method is a feature of ICM Incentive and Commission Management (ICM) that allows users to define when and how incentive and commission calculations are triggered. It enables users to set up rules that determine when the calculations should be run, such as when a certain event occurs or when a certain period of time has elapsed. 
  
  How to use it: 
  To use the triggering method, users must first define the rules that will determine when the calculations should be run. This can be done by setting up conditions such as when a certain event occurs or when a certain period of time has elapsed. Once the rules have been defined, the triggering method will automatically run the calculations according to the specified conditions. 
  
  Tips & Tricks: 
  It is important to ensure that the rules set up for the triggering method are accurate and up-to-date in order to ensure that the calculations are run correctly. Additionally, it is important to regularly review and update the rules in order to ensure that they remain relevant and accurate. 
  
  Related Information: 
  The triggering method is closely related to other features of ICM Incentive and Commission Management (ICM), such as calculation methods, payment methods, and reporting methods. It is important to understand how these features work together in order to ensure that incentive and commission calculations are run correctly.