What is distribution plan template in SAP FS-PM - Policy Management?

SAP Term: distribution plan template

• Component: FS-PM

• Component Name: Policy Management

• Description: Prepared data for coinsurance business, which can be defined in template management.

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• Key Concepts: 
  A distribution plan template is a feature of the FS-PM Policy Management component of SAP. It is used to define the rules and parameters for the distribution of funds to different accounts. The template allows users to create a plan that can be used to distribute funds in a consistent and efficient manner. 
  
  How to use it: 
  To use a distribution plan template, users must first create a plan in the FS-PM Policy Management component. This plan will include the parameters for the distribution of funds, such as the accounts to which funds will be distributed, the amount of funds to be distributed, and any other rules or restrictions that should be applied. Once the plan is created, it can be saved as a template and reused for future distributions. 
  
  Tips & Tricks: 
  When creating a distribution plan template, it is important to ensure that all of the parameters are clearly defined and that all rules and restrictions are properly applied. This will help ensure that funds are distributed in an efficient and consistent manner. Additionally, it is important to regularly review and update the template as needed to ensure that it remains up-to-date with any changes in regulations or policies. 
  
  Related Information: 
  For more information on using distribution plan templates in SAP FS-PM Policy Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature effectively.