What is broker report in SAP FS-CD - Collections/Disbursements?

SAP Term: broker report

• Component: FS-CD

• Component Name: Collections/Disbursements

• Description: Contains information about the open items on the broker account, the commission account for a broker and the accounts for the customers for the broker, which are suitable for clearing in the period to which the broker report refers. Created manually by a processing clerk with information supplied by broker, or created automatically using the broker account status. Affects: Premiums received by the broker Claim payments made by the broker Commission retained by the broker Costs incurred by the broker.

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• Key Concepts: 
  A broker report is a document generated by the SAP FS-CD Collections/Disbursements component that provides an overview of the status of all collections and disbursements activities. It includes information such as the total amount of money collected or disbursed, the number of transactions processed, and any errors or exceptions that occurred. 
  
  How to use it: 
  The broker report can be accessed from the SAP FS-CD Collections/Disbursements component. It can be used to monitor the progress of collections and disbursements activities, identify any errors or exceptions that have occurred, and ensure that all transactions are being processed correctly. 
  
  Tips & Tricks: 
  It is important to regularly review the broker report to ensure that all collections and disbursements activities are running smoothly. Additionally, it is helpful to set up automated alerts so that any errors or exceptions can be quickly identified and addressed. 
  
  Related Information: 
  The broker report is part of the SAP FS-CD Collections/Disbursements component. Other related components include Accounts Receivable, Accounts Payable, and Cash Management.