What is processing priority in SAP FS-PM - Policy Management?

SAP Term: processing priority

• Component: FS-PM

• Component Name: Policy Management

• Description: Discloses when formatting and dispatch is to take place for the document. Possible variants include: Preview, Immediate Print, Print Using Computer Center, Time Intervals for Fax dispatch type.

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• Key Concepts: 
  Processing priority is a feature of the SAP FS-PM Policy Management component that allows users to prioritize the processing of policy documents. This feature allows users to assign a priority level to each policy document, which determines the order in which the documents are processed. The higher the priority level, the sooner the document will be processed. 
  
  How to use it: 
  To use the processing priority feature, users must first assign a priority level to each policy document. This can be done by selecting the “Priority” option from the document’s menu and then selecting a priority level from the drop-down list. Once all documents have been assigned a priority level, they will be processed in order of their assigned priority level. 
  
  Tips & Tricks: 
  When assigning priority levels to policy documents, it is important to consider how quickly each document needs to be processed. Documents that need to be processed quickly should be assigned a higher priority level than those that can wait. Additionally, it is important to remember that documents with higher priority levels will be processed first, so it is important to assign appropriate levels for each document. 
  
  Related Information: 
  For more information on using the processing priority feature in SAP FS-PM Policy Management, please refer to the official SAP documentation at https://help.sap.com/viewer/product/FS-PM/7.5/en-US.