What is share policy in SAP (FS-PM - Policy Management)?

SAP Term: share policy

• Component: FS-PM

• Component Name: Policy Management

• Description: In coinsurance, created by the coinsurer to manage the risk passed on. The sum insured is only a fraction of the original policy.

Smart SAP Assistant

• Key Concepts: 
  Share policy is a feature of the FS-PM Policy Management component of SAP. It allows users to share policies with other users, allowing them to access and edit the policy. This feature is useful for collaboration and sharing information between users. 
  
  How to use it: 
  To use the share policy feature, users must first create a policy in the FS-PM Policy Management component. Once the policy is created, users can then select the “Share” option from the menu. This will open a window where users can enter the names of other users they wish to share the policy with. Once the names are entered, the policy will be shared with those users. 
  
  Tips & Tricks: 
  When sharing a policy, it is important to remember that all users who have access to the policy will be able to edit it. Therefore, it is important to only share policies with trusted users who will not make any unwanted changes. Additionally, it is important to remember that once a policy has been shared, it cannot be unshared. 
  
  Related Information: 
  For more information on how to use the share policy feature in FS-PM Policy Management, please refer to SAP’s official documentation on the topic. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.