What is reactivation in SAP FS-PM - Policy Management?

SAP Term: reactivation

• Component: FS-PM

• Component Name: Policy Management

• Description: From the start of the policy, the system creates many policy versions during the policy duration, due to scheduled and unscheduled processing. Each new policy version has an effective date that is the same as, or later than, the effective date for the previous policy version. If a change takes place for an effective date, for which policy versions have already been created with later effective dates, they must be reactivated. Reactivation reverses all policy versions with an effective date that is later than the effective date for the desired change. Policy versions with the same effective date are also reversed, if the interval end is later than the effective data for the desired change. The policy version, for which the effective date and the interval end are the same as, or earlier than, the desired effective date, is reactivated - meaning that it becomes the current policy version.

Smart SAP Assistant

• Key Concepts: 
  Reactivation is a feature in SAP FS-PM Policy Management that allows users to reactivate a policy that has been previously deactivated. This feature is useful for when a policy needs to be updated or changed, but the original policy needs to remain intact. 
  
  How to use it: 
  To reactivate a policy, the user must first select the policy from the list of policies in the FS-PM Policy Management system. Once selected, the user can click on the “Reactivate” button located at the top of the page. This will bring up a confirmation window where the user can confirm that they want to reactivate the policy. Once confirmed, the policy will be reactivated and available for use again. 
  
  Tips & Tricks: 
  When reactivating a policy, it is important to make sure that all of the necessary changes have been made before confirming the reactivation. This will ensure that the policy is up-to-date and accurate when it is used again. 
  
  Related Information: 
  For more information on how to use SAP FS-PM Policy Management, please refer to the official SAP documentation. Additionally, there are many online tutorials and resources available that can help users learn more about this system and how to use it effectively.