What is assessment type in SAP FS-PM - Policy Management?

SAP Term: assessment type

• Component: FS-PM

• Component Name: Policy Management

• Description: Indicates the assessment type according to which the taxpayer pays tax for capital gains. Examples No tax assessment The insurance company has a certificate confirming an exemption from submitting a tax declaration. Tax assessment The insurance company deducts tax for capital gains. Self assessment The insurance company does not deduct any tax for capital gains from the taxpayer but informs him or her of the amount of capital gains.

Smart SAP Assistant

• Key Concepts: 
  Assessment type is a feature of the FS-PM Policy Management component of SAP. It is used to define the criteria for assessing the performance of an employee or a team. It allows users to create custom assessment types that can be used to evaluate performance in different areas, such as customer service, sales, and operations.
  
  How to use it: 
  To use assessment type, users must first create an assessment type in the FS-PM Policy Management component. This can be done by selecting the “Create Assessment Type” option from the main menu. Once created, users can then assign the assessment type to an employee or team. The assessment type will then be used to evaluate their performance in the specified areas.
  
  Tips & Tricks: 
  When creating an assessment type, it is important to ensure that all criteria are clearly defined and that they are relevant to the job role being assessed. Additionally, it is important to ensure that all criteria are measurable and that they are weighted appropriately. This will ensure that the assessment results are accurate and meaningful.
  
  Related Information: 
  For more information on how to use assessment type in FS-PM Policy Management, please refer to the SAP Help documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use this feature.