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

SAP Term: unscheduled claim

• Component: FS-CM

• Component Name: Claims Management

• Description: Claim in the line of Life Benefit that is created on the basis of an unscheduled event such as death or occupational disability.

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• Key Concepts: 
  Unscheduled claims are claims that are not part of a regular payment schedule. They are typically used when a customer has an unexpected need for funds or when a vendor has an unexpected need for payment. 
  
  How to use it: 
  In SAP FS-CM Claims Management, unscheduled claims can be created and managed in the system. The user can enter the details of the claim, including the amount, date, and reason for the claim. The user can then submit the claim for approval and track its progress through the system. 
  
  Tips & Tricks: 
  When creating an unscheduled claim, it is important to provide as much detail as possible in order to ensure that the claim is approved quickly and accurately. It is also important to keep track of all unscheduled claims in order to ensure that they are paid on time. 
  
  Related Information: 
  SAP FS-CM Claims Management also includes features for managing scheduled claims, which are claims that are part of a regular payment schedule. Scheduled claims can be managed in the same way as unscheduled claims, but they require additional information such as payment frequency and payment terms.