What is cumulative event in SAP FS-CM - Claims Management?

SAP Term: cumulative event

• Component: FS-CM

• Component Name: Claims Management

• Description: An incident, such as a disaster, to which multiple contracts of one or more different policyholders may be assigned.

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• Key Concepts: 
  Cumulative event is a feature in SAP FS-CM Claims Management that allows users to track and manage multiple events that occur over a period of time. It allows users to group multiple events into one cumulative event, which can then be tracked and managed as a single entity. This feature is useful for tracking and managing events that occur over a period of time, such as customer complaints or product returns.
  
  How to use it: 
  To use the cumulative event feature in SAP FS-CM Claims Management, users must first create a cumulative event. This can be done by selecting the “Create Cumulative Event” option from the main menu. Once the cumulative event has been created, users can then add individual events to the cumulative event. This can be done by selecting the “Add Event” option from the main menu. Once all of the individual events have been added, users can then track and manage the cumulative event as a single entity.
  
  Tips & Tricks: 
  When creating a cumulative event, it is important to ensure that all of the individual events are related to each other in some way. This will help ensure that all of the events are tracked and managed properly. Additionally, it is important to ensure that all of the individual events are added to the cumulative event in chronological order. This will help ensure that all of the events are tracked and managed properly.
  
  Related Information: 
  For more information on how to use the cumulative event feature in SAP FS-CM Claims Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use this feature.