What is dependency plan in SAP FS-PM - Policy Management?

SAP Term: dependency plan

• Component: FS-PM

• Component Name: Policy Management

• Description: A plan that administers time-specific dependencies between policy elements, such as discounts, deductibles and limits, that are related to the combination of policy elements, such as contracts.

Smart SAP Assistant

• Key Concepts: 
  A dependency plan in SAP FS-PM Policy Management is a tool used to manage the dependencies between different policy components. It allows users to define the order in which policy components are executed and the conditions under which they are executed. This helps ensure that policies are executed in the correct order and with the correct parameters.
  
  How to use it: 
  To create a dependency plan, users must first define the policy components that will be included in the plan. Then, they must define the order in which these components will be executed and the conditions under which they will be executed. Finally, users must save the plan and activate it so that it can be used.
  
  Tips & Tricks: 
  When creating a dependency plan, it is important to consider the order in which policy components will be executed. This will help ensure that policies are executed correctly and with the correct parameters. Additionally, it is important to test the plan before activating it to ensure that it works as expected.
  
  Related Information: 
  For more information on dependency plans in SAP FS-PM Policy Management, please refer to the official SAP documentation at https://help.sap.com/viewer/product/FS-PM/2020/en-US.