What is claim report in SAP FS-CM - Claims Management?

SAP Term: claim report

• Component: FS-CM

• Component Name: Claims Management

• Description: A document that insurance companies draw up when a policyholder claims on his or her third-party liability insurance for vehicles. The document contains details of the parties involved, the loss, and any estimates by an independent surveyor to repair the vehicles. Insurance companies record details of the settlement in the document, and in the case of a rejection, the document contains the reasons for rejection.

Smart SAP Assistant

• Key Concepts: 
  A claim report is a document generated by the SAP FS-CM Claims Management component that provides an overview of all claims that have been processed. It includes information such as the claim number, the customer name, the date of the claim, and the amount of the claim. 
  
  How to use it: 
  Claim reports can be generated in SAP FS-CM Claims Management by selecting the “Claim Report” option from the main menu. From there, you can select the criteria for generating the report, such as a specific customer or date range. Once you have selected your criteria, you can generate the report and view it in a PDF format. 
  
  Tips & Tricks: 
  When generating a claim report, it is important to make sure that all of the criteria you select are accurate. This will ensure that you get an accurate overview of all claims that have been processed. Additionally, it is important to remember to save your report once it has been generated so that you can refer back to it in the future. 
  
  Related Information: 
  For more information on how to generate a claim report in SAP FS-CM Claims Management, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/FS-CM/2020/en-US/fscm_claims_management_en.pdf