What is legal reactivation in SAP FS-PM - Policy Management?

SAP Term: legal reactivation

• Component: FS-PM

• Component Name: Policy Management

• Description: Reversal of legal amendments only. The technical amendments remain.

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• Key Concepts: 
  Legal reactivation is a feature of the SAP FS-PM Policy Management component that allows users to reactivate a policy that has been legally terminated. This feature allows users to restore the policy to its original state, including all associated data and documents. 
  
  How to use it: 
  To use the legal reactivation feature, users must first select the policy they wish to reactivate. Once selected, they can then enter the necessary information, such as the date of reactivation and any additional details. Once all information is entered, users can then click the “Reactivate” button to complete the process. 
  
  Tips & Tricks: 
  When using the legal reactivation feature, it is important to ensure that all necessary information is entered correctly. This will help ensure that the policy is properly reactivated and all associated data and documents are restored. Additionally, it is important to note that this feature should only be used when absolutely necessary, as it can have a significant impact on the policy’s status. 
  
  Related Information: 
  For more information on legal reactivation in SAP FS-PM Policy Management, please refer to the official SAP documentation. Additionally, there are several online resources available that provide detailed instructions on how to use this feature.