What is msg.PMQ in SAP FS-PM - Policy Management?

SAP Term: msg.PMQ

• Component: FS-PM

• Component Name: Policy Management

• Description: A separate product system that supports the insurance company during the entire lifecycle of the product. The software system is composed of the development component msg.PMQ.Designer declarative component and the runtime component msg. PMQ.Runtime operative component.

Smart SAP Assistant

• Key Concepts: 
  msg.PMQ is a message type used in the FS-PM Policy Management component of SAP. It is used to send messages between the policy management system and other systems, such as the SAP ERP system. It is used to transfer data between the two systems, such as policy information, policy changes, and policy status updates. 
  
  How to use it: 
  msg.PMQ is used to transfer data between the policy management system and other systems. To use it, you must first configure the message type in the SAP ERP system. Once configured, you can then use msg.PMQ to send messages between the two systems. 
  
  Tips & Tricks: 
  When configuring msg.PMQ, make sure that all of the necessary fields are included in the message type. This will ensure that all of the necessary data is transferred between the two systems. Additionally, make sure that all of the necessary authorization checks are in place to ensure that only authorized users can access and modify the data being transferred. 
  
  Related Information: 
  For more information on msg.PMQ and how to configure it, please refer to SAP's official documentation on FS-PM Policy Management. Additionally, there are many online resources available that provide step-by-step instructions on how to configure msg.PMQ in SAP ERP systems.