term similar business what is
Meaning of similar business. What is it: The substitute transaction must be identified in the.

Helpful?

Definition similar business

Title: similar business (ICM) (SAP Library - Glossary)
Category: Incentive & Commission Management, Portfolio Assignment (ICM)
Explain:

Substituting existing insurance cover with similar cover.

The substitute transaction must be identified in the delivery system and reported in the commission case such that the new insurance cover is entered in the commission system under the internal key of the old insurance cover. The liability rules are then applied as though no switch has taken place.

For this reason, each object/subobject has an internal key in the commission system.

More terms such as similar business in Dictionary S.