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

SAP Term: regular processing

• Component: FS-PM

• Component Name: Policy Management

• Description: Creates a policy version in the background, with event- or period-related validity, for a specific effective date without interaction from the user. The date on which regular processing is to take effect comes from the current policy version. The execution of regular processing on the effective date determines the next effective date on which regular processing is to be executed, and sets it in the current policy version. Regular processing is managed in the time model as a time model function.

Smart SAP Assistant

• Key Concepts: 
  Regular processing is a feature of the SAP FS-PM Policy Management component. It allows users to define and execute a set of rules and processes that are automatically triggered at regular intervals. This helps to ensure that all policies are up-to-date and that any changes are applied in a timely manner.
  
  How to use it: 
  Regular processing can be enabled by setting up a schedule in the SAP FS-PM Policy Management component. This schedule can be configured to run at specific times or on a recurring basis. Once enabled, the regular processing will automatically execute the defined rules and processes at the specified intervals.
  
  Tips & Tricks: 
  When setting up regular processing, it is important to consider the frequency of the schedule. If the schedule is too frequent, it may cause unnecessary strain on system resources. On the other hand, if the schedule is too infrequent, it may not be able to keep up with changes in policy or other data. 
  
  Related Information: 
  Regular processing is just one of many features available in the SAP FS-PM Policy Management component. Other features include policy management, policy enforcement, and policy reporting. For more information about these features, please refer to the SAP FS-PM documentation.