What is type of scheduled payment in SAP FS-CM - Claims Management?

SAP Term: type of scheduled payment

• Component: FS-CM

• Component Name: Claims Management

• Description: Depending on the type of scheduled payment, you can control the checks made before the actual disbursement of the scheduled payment. &EXAMPLE& Medical devices Combined benefit With the combined benefit type, for example, the payment amount is checked on the basis of already processed invoices issued by the caregiving services.

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• Key Concepts: 
  A type of scheduled payment in SAP FS-CM Claims Management is a payment that is set up to be made at a predetermined time. This type of payment can be used to pay out claims, reimbursements, or other types of payments. It can also be used to set up recurring payments, such as monthly or quarterly payments.
  
  How to use it: 
  To set up a type of scheduled payment in SAP FS-CM Claims Management, you will need to enter the details of the payment into the system. This includes the amount, date, and frequency of the payment. Once the details are entered, the system will automatically generate the payment at the specified time.
  
  Tips & Tricks: 
  When setting up a type of scheduled payment in SAP FS-CM Claims Management, it is important to ensure that all of the details are correct. This includes double-checking the amount, date, and frequency of the payment. Additionally, it is important to make sure that all necessary documents and information are included with the payment.
  
  Related Information: 
  For more information on setting up a type of scheduled payment in SAP FS-CM Claims Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide step-by-step instructions on how to set up this type of payment.