Do you have any question about this SAP term?
Component: FS-PM
Component Name: Policy Management
Description: Non-adherence to legislative conditions defined for state-subsidized products. This means that the subsidies that normally occur as tax and premium benefits must be repaid, partially or in full.
Key Concepts: FS-PM Policy Management is a component of SAP software that helps organizations manage their subsidies. It allows users to define and manage subsidy policies, as well as monitor the status of subsidies. A state of having a negative effect on subsidy means that the subsidy is not meeting the desired goals or objectives, and may be in danger of being discontinued or reduced. How to use it: FS-PM Policy Management can be used to monitor the status of subsidies and identify any potential issues that may be causing a negative effect. It can also be used to create and manage subsidy policies, ensuring that they are up-to-date and in line with organizational goals. Tips & Tricks: It is important to regularly review and update subsidy policies to ensure they are still relevant and effective. Additionally, it is important to monitor the status of subsidies to identify any potential issues that may be causing a negative effect. Related Information: For more information on FS-PM Policy Management, please visit the SAP website at https://www.sap.com/products/fs-pm-policy-management.html.