What is product module generation in SAP FS-PM - Policy Management?

SAP Term: product module generation

• Component: FS-PM

• Component Name: Policy Management

• Description: Indicates the sales period of a product. A new generation of product module, such as a sales product, is usually mapped in the system when a subsequent product is defined or significant changes are made that do not retroactively change the products that have already been sold.

Smart SAP Assistant

• Key Concepts: 
  Product module generation is a feature of the FS-PM Policy Management component of SAP. It allows users to create and manage product modules, which are collections of products that can be used to define a policy. Product modules can be used to define the scope of a policy, such as the types of products that are covered by the policy, or the conditions that must be met in order for a policy to be valid. 
  
  How to use it: 
  Product module generation can be used to create and manage product modules in SAP. To create a product module, users must first define the scope of the policy, such as the types of products that are covered by the policy, or the conditions that must be met in order for a policy to be valid. Once the scope has been defined, users can then add products to the product module. The products can then be configured according to the user's needs. 
  
  Tips & Tricks: 
  When creating product modules, it is important to ensure that all of the products included in the module are compatible with each other. This will ensure that all of the products work together as intended and will help to avoid any potential conflicts or errors. Additionally, it is important to keep track of any changes made to product modules, as this will help ensure that all policies remain up-to-date and accurate. 
  
  Related Information: 
  Product module generation is just one feature of SAP's FS-PM Policy Management component. Other features include policy management, policy enforcement, and policy analytics. Additionally, SAP provides a range of resources and tools for managing policies and product modules, such as tutorials and documentation.