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

coinsurance share - Overview

• Component: FS-CD

• Component Name: Collections/Disbursements

• Description: Amount in a document, which is to be transferred to the coinsurer by the leading insurer, or is to be collected from the coinsurers.

coinsurance share - Details

• 
  Key Concepts: 
  Coinsurance share is a feature of the SAP FS-CD Collections/Disbursements component. It is a type of risk sharing agreement between two or more parties, where each party agrees to pay a certain percentage of the total cost of a claim. For example, if two parties agree to a coinsurance share of 50/50, each party would be responsible for paying half of the total cost of the claim. 
  
  How to use it: 
  In SAP FS-CD Collections/Disbursements, coinsurance share can be used to define the risk sharing agreement between two or more parties. The coinsurance share can be set up in the system by entering the percentage of the total cost that each party will be responsible for paying. This percentage can be adjusted as needed. 
  
  Tips & Tricks: 
  When setting up coinsurance share in SAP FS-CD Collections/Disbursements, it is important to ensure that all parties involved are aware of their responsibility for paying their portion of the total cost. This will help to avoid any misunderstandings or disputes that may arise from an incorrect setup. 
  
  Related Information: 
  For more information on coinsurance share and how it works in SAP FS-CD Collections/Disbursements, please refer to the official SAP documentation.