term period liability help what is
Meaning of liability period. What is it: can be made liable for the service she or he provided.

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Definition liability period

LIABILITY PERIOD title: liability period (ICM) (SAP Library - Glossary)
LIABILITY PERIOD category: Incentive & Commission Management, Portfolio Assignment (ICM)
LIABILITY PERIOD explained:

Period of time during which a commission contract partner can be made liable for the service she or he provided.

Liability periods can be decided upon for all types of commissions (for example commissions for closing, support, or for indirect participants).The duration of these periods of time differs for each division, and can also depend on the product and insurance duration. The liability periods (roughly) represent the duration times used for the tariff costings.

Fixed liability periods are usually decided upon, which can be determined at the same time as the commission.

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