What is valuation base in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: valuation base

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management A key indicator on which the valuation is based. The valuation base is any key indicator that is used in the operational system, such as the annual amount or the order amount, that can be defined in as the valuation base. The value of this key indicator is used in the valuation and influences the valuation amount.

Smart SAP Assistant

• Key Concepts: 
  Valuation base is a term used in ICM Incentive and Commission Management (ICM). It is a set of criteria used to determine the value of a commission or incentive. This criteria can include factors such as sales volume, customer loyalty, and other metrics. The valuation base is used to calculate the amount of commission or incentive that should be paid out to an individual or organization. 
  
  How to use it: 
  The valuation base is used to determine the value of a commission or incentive. It is important to ensure that the criteria used in the valuation base are relevant and up-to-date. This will ensure that the commission or incentive is accurately calculated and paid out. The valuation base can also be used to compare different commission or incentive plans and determine which one is most beneficial for an individual or organization. 
  
  Tips & Tricks: 
  When setting up a valuation base, it is important to consider all relevant factors. This includes sales volume, customer loyalty, and other metrics that may be relevant to the commission or incentive plan. Additionally, it is important to review the valuation base regularly to ensure that it remains up-to-date and accurate. 
  
  Related Information: 
  For more information on ICM Incentive and Commission Management (ICM), please visit SAP’s website at https://www.sap.com/products/incentive-and-commission-management.html. Additionally, there are many resources available online that provide more detailed information on setting up a valuation base for ICM.