What is 'correspondence package' in SAP FS-PM - Policy Management?

correspondence package - Overview

• Component: FS-PM

• Component Name: Policy Management

• Description: Summary of multiple documents that are created in processing, in one single document.

correspondence package - Details

• 
  Key Concepts: 
  A correspondence package is a feature of the SAP FS-PM Policy Management component. It is a set of documents that are generated and sent to customers in response to certain events, such as policy renewals or changes. The correspondence package contains all the necessary information for customers to understand the changes and take action. 
  
  How to use it: 
  The correspondence package is created in the SAP FS-PM Policy Management component. It can be configured to include any documents that are relevant to the customer, such as policy documents, forms, and letters. Once the package is created, it can be sent to customers via email or post. 
  
  Tips & Tricks: 
  When creating a correspondence package, it is important to ensure that all relevant documents are included. This will help ensure that customers have all the necessary information to understand the changes and take action. Additionally, it is important to ensure that the documents are formatted correctly so that they are easy to read and understand. 
  
  Related Information: 
  For more information on the SAP FS-PM Policy Management component, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use this component.