What is unchangeable agreement in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: unchangeable agreement

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Describes an agreement that is used in the commission contract exactly how it is defined in the agreement template. It is not possible to make any changes to the agreement when you define the attributes of an individual contract.

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• Key Concepts: 
  An unchangeable agreement in SAP ICM Incentive and Commission Management (ICM) is a contract between two parties that cannot be altered or modified. This type of agreement is used to ensure that all parties involved in a transaction are held to the same terms and conditions. It also helps to protect the interests of both parties by preventing any changes from being made without the consent of all parties involved. 
  
  How to use it: 
  In SAP ICM, an unchangeable agreement is created when two parties enter into a contract. This agreement will be stored in the system and can be accessed by both parties at any time. The agreement will include all of the terms and conditions that have been agreed upon by both parties, such as payment terms, commission rates, and other details. Once the agreement has been created, it cannot be changed or modified without the consent of both parties. 
  
  Tips & Tricks: 
  When creating an unchangeable agreement in SAP ICM, it is important to ensure that all of the details are accurate and up-to-date. This will help to ensure that both parties are held to the same terms and conditions throughout the duration of the agreement. Additionally, it is important to review the agreement periodically to make sure that all of the details are still accurate and up-to-date. 
  
  Related Information: 
  SAP ICM also offers other types of agreements such as changeable agreements and one-time agreements. Changeable agreements can be modified or altered at any time with the consent of both parties, while one-time agreements are only valid for a single transaction. Additionally, SAP ICM also offers other features such as incentive plans, commission plans, and performance tracking tools.