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

SAP Term: serialization

• Component: FS-PM

• Component Name: Policy Management

• Description: Transformation of data that the adapter between the policy management system and product engine msg.PM performs in preparation for the call of the calculation. Contract data from a structure defined by entities is transferred into sequential form.

Smart SAP Assistant

• Key Concepts: 
  Serialization is a feature of the SAP FS-PM Policy Management component that allows for the tracking and management of serialized items. Serialized items are products that have a unique identifier, such as a serial number, that can be used to track the item throughout its life cycle. Serialization helps to ensure that products are tracked accurately and securely, and can be used to prevent counterfeiting and fraud. 
  
  How to use it: 
  In order to use serialization in SAP FS-PM Policy Management, users must first create a serial number for each item. This can be done manually or automatically, depending on the user's preferences. Once the serial numbers have been created, they can be assigned to each item in the system. This allows for the tracking of each item throughout its life cycle, from production to delivery. 
  
  Tips & Tricks: 
  When creating serial numbers for items in SAP FS-PM Policy Management, it is important to ensure that each number is unique. This will help to prevent counterfeiting and fraud, as well as ensure accurate tracking of each item. Additionally, it is important to keep track of all serial numbers in order to ensure that they are not reused or lost. 
  
  Related Information: 
  SAP FS-PM Policy Management also includes features such as product traceability and product recall management, which can be used in conjunction with serialization to further enhance product security and accuracy. Additionally, SAP FS-PM Policy Management can be integrated with other SAP components such as SAP ERP and SAP SCM for a more comprehensive solution.