What is coinsurance key in SAP FS-CD - Collections/Disbursements?

SAP Term: coinsurance key

• Component: FS-CD

• Component Name: Collections/Disbursements

• Description: Unique ID that represents a coinsurer. The insurance key identifies the business partner, with its associated contract accounts, and determines whether coinsurance shares in are posted in the credit procedure or in the debit procedure.

Smart SAP Assistant

• Key Concepts: 
  A coinsurance key is a feature of the SAP FS-CD Collections/Disbursements component. It is used to define the percentage of a claim that an insurer is responsible for paying. The coinsurance key is used to determine the amount of money that each insurer will pay for a claim. 
  
  How to use it: 
  The coinsurance key is used to define the percentage of a claim that each insurer is responsible for paying. The coinsurance key can be set up in the SAP system by entering the percentage of the claim that each insurer will pay. The coinsurance key can then be used to calculate the amount of money that each insurer will pay for a claim. 
  
  Tips & Tricks: 
  When setting up the coinsurance key, it is important to ensure that the percentages entered are accurate and up-to-date. This will ensure that the correct amount of money is paid out for each claim. 
  
  Related Information: 
  The coinsurance key is part of the SAP FS-CD Collections/Disbursements component. This component also includes features such as payment processing, claims processing, and reporting.