What is adjustment calculation module in SAP FS-PM - Policy Management?
Get instant SAP help. Sign up for our Free Essentials Plan.SAP Term: adjustment calculation module
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Component: FS-PM
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Component Name: Policy Management
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Description: Elementary product calculation module that contains the share of a life insurance policy that stems from subsequent increases dynamic adjustment.
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Key Concepts: The adjustment calculation module is a component of the FS-PM Policy Management module in SAP. It is used to calculate the amount of an adjustment that needs to be made to a policy or contract. This calculation is based on the policy or contract's terms and conditions, as well as any external factors that may affect the adjustment. How to use it: The adjustment calculation module can be used to calculate the amount of an adjustment that needs to be made to a policy or contract. This calculation is based on the policy or contract's terms and conditions, as well as any external factors that may affect the adjustment. The module can also be used to generate reports on the adjustments that have been made. Tips & Tricks: When using the adjustment calculation module, it is important to ensure that all relevant information is taken into account when calculating the adjustment amount. This includes any external factors that may affect the adjustment, such as changes in market conditions or changes in the policy or contract's terms and conditions. Related Information: The adjustment calculation module is part of the FS-PM Policy Management module in SAP. Other components of this module include policy administration, claims processing, and reporting.
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