What is participation transfer in SAP FS-PM - Policy Management?

SAP Term: participation transfer

• Component: FS-PM

• Component Name: Policy Management

• Description: Coinsurance business in which a coinsurer passes shares on to another coinsurer. The latter must therefore be the indirect coinsurer.

Smart SAP Assistant

• Key Concepts: 
  Participation transfer is a feature of SAP FS-PM Policy Management that allows users to transfer the ownership of a policy from one participant to another. This feature is useful when a policy needs to be transferred from one person to another, such as when an employee leaves the company or when a policy needs to be reassigned. 
  
  How to use it: 
  To use the participation transfer feature, the user must first select the policy they wish to transfer. Then, they must select the participant they wish to transfer the policy to. Finally, they must confirm the transfer by clicking the “Transfer” button. 
  
  Tips & Tricks: 
  It is important to note that participation transfers can only be done between participants who have already been assigned to the policy. Additionally, it is important to ensure that the new participant has all of the necessary permissions and access rights in order to properly manage the policy. 
  
  Related Information: 
  For more information on participation transfers in SAP FS-PM Policy Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed instructions on how to use this feature.