What is increase calculation module in SAP FS-PM - Policy Management?

SAP Term: increase calculation module

• Component: FS-PM

• Component Name: Policy Management

• Description: Elementary product calculation module that contains the share of a life insurance policy formed from additional payments. The increase calculation module only exists for classic life insurance products.

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• Key Concepts: 
  The Increase Calculation Module is a component of the FS-PM Policy Management module in SAP. It is used to calculate the increase in an employee’s salary based on their performance and other factors. The module takes into account the employee’s current salary, their performance rating, and any other relevant factors to determine the amount of the increase. 
  
  How to use it: 
  The Increase Calculation Module can be accessed through the FS-PM Policy Management module in SAP. Once accessed, the user can enter the employee’s current salary, their performance rating, and any other relevant factors. The module will then calculate the amount of the increase and display it on the screen. 
  
  Tips & Tricks: 
  When using the Increase Calculation Module, it is important to ensure that all relevant factors are taken into account. This includes not only the employee’s current salary and performance rating, but also any other factors that may affect the amount of the increase. 
  
  Related Information: 
  The Increase Calculation Module is part of a larger suite of tools available in the FS-PM Policy Management module in SAP. Other tools include a bonus calculation module, a salary adjustment module, and a job evaluation module.