Do you have any question about this SAP term?
Component: FS-PM
Component Name: Policy Management
Description: Special separate assets issued for a specific insurance company for use in unit-linked life insurance.
Key Concepts: Public funds with limited distribution are a type of financial instrument used by governments and other public entities to manage their finances. These funds are typically managed by a central authority and have restrictions on who can access them. They are often used to finance public projects or to provide financial assistance to certain groups of people. How to use it: The SAP FS-PM Policy Management component allows users to manage public funds with limited distribution. This includes setting up the fund, managing the fund’s assets, and tracking the fund’s performance. The component also provides tools for reporting and analysis, as well as for setting up rules and regulations for the fund. Tips & Tricks: When setting up a public fund with limited distribution, it is important to consider the restrictions that will be placed on who can access the fund. It is also important to consider how the fund will be managed and monitored over time. Related Information: For more information about SAP FS-PM Policy Management, please visit the SAP website at https://www.sap.com/products/fs-pm-policy-management.html.