1. SAP Glossary
  2. Policy Management
  3. additional payment calculation module


What is additional payment calculation module in SAP FS-PM - Policy Management?


SAP Term: additional payment calculation module

  • Component: FS-PM

  • Component Name: Policy Management

  • Description: Elementary product calculation module that contains the share of a life insurance policy formed from additional payments. The additional payment calculation module only exists for unit-linked life insurance.


Smart SAP Assistant

  • Key Concepts: 
    The Additional Payment Calculation Module (APCM) is a component of the SAP FS-PM Policy Management module. It is used to calculate additional payments for policyholders based on their individual circumstances. The APCM allows for the calculation of additional payments for policyholders based on their age, gender, occupation, and other factors. 
    
    How to use it: 
    The APCM can be used to calculate additional payments for policyholders in a variety of ways. It can be used to calculate additional payments based on the policyholder's age, gender, occupation, and other factors. The APCM can also be used to calculate additional payments based on the policyholder's risk profile. 
    
    Tips & Tricks: 
    When using the APCM, it is important to ensure that all relevant information is entered accurately. This will ensure that the calculations are accurate and that the additional payments are calculated correctly. Additionally, it is important to ensure that all relevant policies are taken into account when calculating additional payments. 
    
    Related Information: 
    The SAP FS-PM Policy Management module provides a comprehensive set of tools for managing policies and calculating additional payments. Additionally, SAP provides a range of tutorials and resources to help users understand how to use the APCM and other components of the FS-PM Policy Management module.
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