What is subclaim in SAP FS-CM - Claims Management?

SAP Term: subclaim

• Component: FS-CM

• Component Name: Claims Management

• Description: Sub-division of a claim into units that can be processed independently. Each subclaim can comprise a subclaim within the overall claim, for example. A new subclaim is opened for each claimant and coverage, and in part for each damaged object. Each subclaim has independent reserves and claim items.

Smart SAP Assistant

• Key Concepts: 
  Subclaims are a feature of the SAP FS-CM Claims Management component. They are used to break down a claim into smaller, more manageable parts. Subclaims can be used to track the progress of a claim, assign tasks to different users, and provide detailed information about the claim. 
  
  How to use it: 
  Subclaims can be created in the SAP FS-CM Claims Management component. To create a subclaim, select the “Create Subclaim” option from the main menu. Enter the details of the subclaim, such as the type of claim, description, and any other relevant information. Once the subclaim is created, it can be assigned to different users for processing. 
  
  Tips & Tricks: 
  When creating subclaims, it is important to provide as much detail as possible. This will help ensure that all users involved in processing the claim have a clear understanding of what needs to be done. Additionally, it is important to assign tasks to specific users so that everyone knows who is responsible for what. 
  
  Related Information: 
  For more information on subclaims in SAP FS-CM Claims Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials and best practices for using subclaims in SAP FS-CM Claims Management.