What is internal claim type in SAP FS-CM - Claims Management?

SAP Term: internal claim type

• Component: FS-CM

• Component Name: Claims Management

• Description: Classification of a claim, used to control which rules apply for processing of the claim.

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• Key Concepts: 
  Internal claim type is a feature of the SAP FS-CM Claims Management component. It is used to define the types of claims that can be created and managed within the system. This includes defining the claim type, the associated business process, and the associated data fields. 
  
  How to use it: 
  To use internal claim type, first create a new claim type in the system. This can be done by navigating to the “Claim Types” tab in the Claims Management component. From there, you can define the claim type, associated business process, and associated data fields. Once this is done, you can create claims of this type in the system. 
  
  Tips & Tricks: 
  When creating a new claim type, it is important to consider how it will be used in the system. Think about what data fields are necessary for this type of claim and how they should be structured. This will help ensure that all claims of this type are properly managed and tracked within the system. 
  
  Related Information: 
  For more information on using internal claim types in SAP FS-CM Claims Management, please refer to the official documentation provided by SAP.