What is policyholder change in SAP FS-CD - Collections/Disbursements?

SAP Term: policyholder change

• Component: FS-CD

• Component Name: Collections/Disbursements

• Description: Change to the "Policyholder" business partner in an insurance contract. The policyholder change leads to a change of the business partner number and the business partner master data for the policyholder in the insurance contract. A policyholder change can lead to subsequent activities in , such as the adjustment of open payment plan items or a transfer posting of open items. &EXAMPLE& Business partner duplicates 4711 and 8475 are cleaned up, whereby business partner 8475 is the lead partner and is used as the policyholder in insurance contract KFZ11.

Smart SAP Assistant

• Key Concepts: 
  Policyholder change is a feature in the SAP FS-CD Collections/Disbursements component that allows users to make changes to policyholder information. This includes changing the name, address, contact details, and other related information. It also allows users to add or remove policyholders from the system. 
  
  How to use it: 
  To make a policyholder change, users must first log into the SAP system and navigate to the FS-CD Collections/Disbursements component. From there, they can select the “Policyholder Change” option from the menu. This will open a form where users can enter the new information for the policyholder. Once all of the information is entered, users can submit the form and the changes will be applied. 
  
  Tips & Tricks: 
  When making a policyholder change, it is important to double-check all of the information before submitting it. This will ensure that all of the changes are accurate and up-to-date. Additionally, it is important to keep track of any changes that are made so that they can be easily referenced in the future. 
  
  Related Information: 
  For more information on policyholder changes in SAP FS-CD Collections/Disbursements, please refer to SAP’s official documentation on the topic. Additionally, there are many online resources available that provide step-by-step instructions on how to make a policyholder change in SAP FS-CD Collections/Disbursements.