What is investment premium in SAP FS-PM - Policy Management?

SAP Term: investment premium

• Component: FS-PM

• Component Name: Policy Management

• Description: Amount that corresponds to the premium after tax, but only refers to the primary insurance. The investment premium is applied in the calculation based on investment.

Smart SAP Assistant

• Key Concepts: 
  Investment Premium is a feature of the SAP FS-PM Policy Management component. It allows for the calculation of premiums for investments made in a policy. It takes into account the current market value of the investment, as well as any applicable taxes or fees. 
  
  How to use it: 
  In order to use Investment Premium, you must first set up the relevant parameters in the FS-PM Policy Management component. This includes setting up the investment type, the premium rate, and any applicable taxes or fees. Once these parameters are set up, you can then calculate the premium for any given investment. 
  
  Tips & Tricks: 
  When setting up Investment Premium, it is important to ensure that all relevant parameters are correctly configured. This will ensure that the correct premium is calculated for each investment. Additionally, it is important to keep track of any changes in market value or taxes/fees that may affect the premium calculation. 
  
  Related Information: 
  For more information on Investment Premium and how to use it in SAP FS-PM Policy Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials and best practices for using this feature.