COMMISSION ON IN-FORCE BUSINESS MAINTENANCE title: commission on in-force business maintenance (ICM) (SAP Library - Glossary)
COMMISSION ON IN-FORCE BUSINESS MAINTENANCE category: Incentive & Commission Management, Portfolio Assignment (ICM)
COMMISSION ON IN-FORCE BUSINESS MAINTENANCE explained:
Commission paid for maintaining in-force business and for collections (if relevant). The parts paid out for maintaining in-force business and those paid out for other areas are not normally reported separately.
More terms such as commission on in-force business maintenance in Dictionary C.
- Manual Compensation (FS-CM):
- Help provided by an insurer to an insured to compensate the insured when a loss or claim occurs. This benefit or service depends on the insurance coverage (like compensation for repair work). Compensation commission on in-force business maintenance definition.
- Manual Combination Routine:
- Help the commodity pricing engine (CPE) to calculate the result of the formula from its term results. For example, the routine adds the results of all terms or calculates the average of the term results commission on in-force business maintenance explain.
- Manual Collateral Deficit:
- Help between the collateral value available and the collateral value that would be needed to collateralize the risk in full. This implies that the collateral value is less than the receivable value commission on in-force business maintenance what is.
- Manual Condition Record (SD):
- Help input and output values for a task. The condition record is created or changed with condition record maintenance and selected in the determination process. The output values are dependent on chosen commission on in-force business maintenance meaning.
- Manual Collective Action:
- Help A set of sequenced actions, used for the purpose of simplifying Customizing commission on in-force business maintenance abbreviation.
