What is object characteristic in SAP FS-PM - Policy Management?

SAP Term: object characteristic

• Component: FS-PM

• Component Name: Policy Management

• Description: Totality of all characteristics that describe an insurable object. These are stored for the insurable object, and are determined by the object category and the object type.

Smart SAP Assistant

• Key Concepts: 
  Object characteristics are used in the FS-PM Policy Management component of SAP to define the characteristics of an object. These characteristics can include the object's name, type, and other attributes. Object characteristics are used to define the properties of an object, such as its size, shape, color, and other features. 
  
  How to use it: 
  Object characteristics can be used to create objects in the FS-PM Policy Management component of SAP. To create an object, you must first define its characteristics. This can be done by selecting the appropriate fields from the Object Characteristics tab in the Object Properties window. Once you have defined the object's characteristics, you can then save it and use it in your policy management system. 
  
  Tips & Tricks: 
  When defining object characteristics in the FS-PM Policy Management component of SAP, it is important to ensure that all of the fields are filled out correctly. This will ensure that the object is created correctly and that it will function properly within your policy management system. Additionally, it is important to remember that object characteristics can be changed at any time, so if you need to make changes to an existing object, you can do so without having to recreate it from scratch. 
  
  Related Information: 
  For more information on how to use object characteristics in the FS-PM Policy Management component of SAP, please refer to the official SAP documentation. Additionally, there are many online tutorials and resources available that provide step-by-step instructions on how to use this feature.