What is agreement in SAP FS-PM - Policy Management?

SAP Term: agreement

• Component: FS-PM

• Component Name: Policy Management

• Description: Policy agreed between two insurance companies, which contains the legal relationships within coinsurance business.

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• Key Concepts: 
  Agreements in SAP FS-PM Policy Management are documents that define the terms and conditions of a contract between two or more parties. They are used to manage the relationship between the parties involved, and to ensure that all parties understand their rights and obligations. 
  
  How to use it: 
  Agreements can be created in SAP FS-PM Policy Management by entering the details of the agreement into the system. This includes information such as the parties involved, the duration of the agreement, and any other relevant details. Once created, agreements can be managed and monitored within the system. 
  
  Tips & Tricks: 
  When creating an agreement in SAP FS-PM Policy Management, it is important to ensure that all relevant information is included. This includes any specific terms or conditions that may be applicable to the agreement. Additionally, it is important to ensure that all parties involved are aware of their rights and obligations under the agreement. 
  
  Related Information: 
  For more information on agreements in SAP FS-PM Policy Management, please refer to the official SAP documentation. Additionally, there are a number of online resources available which provide further information on how to use agreements in SAP FS-PM Policy Management.