What is 'minimum risk amount percentage' in SAP FS-PM - Policy Management?

minimum risk amount percentage - Overview

• Component: FS-PM

• Component Name: Policy Management

• Description: Minimum risk amount = minimum risk amount percentage * minimum death benefit total.

minimum risk amount percentage - Details

• 
  Key Concepts: 
  The minimum risk amount percentage is a feature of the FS-PM Policy Management component of SAP. It is used to define the minimum amount of risk that must be taken into account when making decisions about financial policies. This percentage is used to ensure that the risk taken is within acceptable limits and that the financial policies are not overly risky. 
  
  How to use it: 
  The minimum risk amount percentage can be set in the FS-PM Policy Management component of SAP. This percentage is used to determine the minimum amount of risk that must be taken into account when making decisions about financial policies. The percentage should be set according to the company's risk tolerance and should be reviewed periodically to ensure that it remains appropriate. 
  
  Tips & Tricks: 
  When setting the minimum risk amount percentage, it is important to consider the company's risk tolerance and to ensure that the percentage is appropriate for the company's current financial situation. Additionally, it is important to review the percentage periodically to ensure that it remains appropriate. 
  
  Related Information: 
  The minimum risk amount percentage is related to other features of the FS-PM Policy Management component of SAP, such as the maximum risk amount percentage and the maximum loss limit. Additionally, this feature is related to other features of SAP, such as financial reporting and budgeting.