What is 'amount of contributory effect' in SAP FS-CM - Claims Management?

amount of contributory effect - Overview

• Component: FS-CM

• Component Name: Claims Management

• Description: Value such as a percentage indicating the amount of the contributory effect on the degree of disability caused as a result of an accident.

amount of contributory effect - Details

• 
  Key Concepts: 
  The amount of contributory effect is a term used in SAP FS-CM Claims Management. It is a measure of the degree to which a particular factor contributes to the overall outcome of a claim. It is used to determine the amount of compensation that should be paid out to the claimant. 
  
  How to use it: 
  The amount of contributory effect is calculated by taking into account the various factors that may have contributed to the claim, such as the claimant’s age, gender, occupation, and other relevant factors. The amount of contributory effect is then used to determine the amount of compensation that should be paid out to the claimant. 
  
  Tips & Tricks: 
  When calculating the amount of contributory effect, it is important to consider all relevant factors and weigh them appropriately. This will ensure that the amount of compensation paid out is fair and accurate. 
  
  Related Information: 
  The amount of contributory effect is closely related to other terms used in SAP FS-CM Claims Management, such as “amount of liability” and “amount of indemnity”. These terms are also used to determine the amount of compensation that should be paid out to the claimant.