What is 'starting increase value' in SAP FS-PM - Policy Management?

starting increase value - Overview

• Component: FS-PM

• Component Name: Policy Management

• Description: The percentage value of the starting index level by which the insured sum, premium or object value is increased or reduced for each adjustment.

starting increase value - Details

• 
  Key Concepts: 
  Starting Increase Value is a feature of the FS-PM Policy Management component of SAP. It allows users to set a starting value for an increase in the amount of a policy, such as a loan or insurance policy. This starting value can be used to determine the amount of the increase and the rate at which it will be applied. 
  
  How to use it: 
  To use the Starting Increase Value feature, users must first set up a policy in the FS-PM Policy Management component. Once the policy is set up, users can then enter the starting value for the increase in the policy. This value will be used to determine the amount of the increase and the rate at which it will be applied. 
  
  Tips & Tricks: 
  When setting up a policy with a Starting Increase Value, it is important to consider how much of an increase is necessary and how quickly it should be applied. This will help ensure that the policy is set up correctly and that it meets all of the requirements for the particular policy. 
  
  Related Information: 
  For more information on setting up policies with Starting Increase Value, please refer to SAP's documentation on FS-PM Policy Management. Additionally, there are many online resources available that provide tutorials and tips on using this feature.