What is adjustment level in SAP FS-PM - Policy Management?

SAP Term: adjustment level

• Component: FS-PM

• Component Name: Policy Management

• Description: Component of a time-dependent product module; always belongs to a specific generation. The generation for a product module results from the contract start date. Within a generation, the valid adjustment level is determined by the processing date. Every adjustment level contains just one set of product data.

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• Key Concepts: 
  Adjustment level is a feature of the SAP FS-PM Policy Management component. It is used to define the level of detail that is required for a policy to be adjusted. This allows for more granular control over the policy and its associated parameters. 
  
  How to use it: 
  The adjustment level can be set in the FS-PM Policy Management component. It can be set to one of three levels: basic, intermediate, or advanced. Each level provides different levels of detail and control over the policy and its associated parameters. 
  
  Tips & Tricks: 
  It is important to select the appropriate adjustment level for each policy. The adjustment level should be set based on the complexity of the policy and its associated parameters. 
  
  Related Information: 
  For more information on adjustment levels in SAP FS-PM Policy Management, please refer to the official SAP documentation.