term entitlement remuneration what is
Meaning of remuneration entitlement. What is it: concrete business transaction for the.

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Definition remuneration entitlement

REMUNERATION ENTITLEMENT title: remuneration entitlement (ICM) (SAP Library - Glossary)
REMUNERATION ENTITLEMENT category: Incentive & Commission Management, Portfolio Assignment (ICM)
REMUNERATION ENTITLEMENT explained:

This occurs when the rules defined in ICM are used in a concrete business transaction for the participating partners. For example, remuneration entitlements result from the following activities:

- A negotiated transaction

- The definition of responsibility for the portfolio business

- A contractual agreement between a direct participant and the person responsible for the acquisition (indirect participant)

- An organizational assignment (such as manager or consultant)

A remuneration entitlement represents an expected future activity resulting from the participation agreement.

You can define a remuneration entitlement more precisely by differentiating between direct and indirect entitlement category.

Direct entitlement category

Direct participants are involved directly in achieving a particular result. A direct participant bases his or her entitlement on the commission activities of the participation, irrespective of the relationship with the other participants.

Indirect entitlement category

This is where a person is involved indirectly in the commission case. Remuneration here is based on the relationship with one or more direct participants.

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