What is reference system in SAP FS-RI - Reinsurance?

SAP Term: reference system

• Component: FS-RI

• Component Name: Reinsurance

• Description: A primary insurance system whose P2R Customizing is reused for other primary insurance systems assigned to this system.

Smart SAP Assistant

• Key Concepts: 
  Reference system is a feature of the FS-RI Reinsurance component of SAP. It allows users to define a reference system for reinsurance contracts, which is used to store and manage all the data related to the contract. This includes the contract details, the reinsurer's information, and the reinsurance terms and conditions. 
  
  How to use it: 
  To use the reference system, users must first create a reference system for each reinsurance contract. This can be done by entering the relevant information into the system, such as the contract details, reinsurer's information, and reinsurance terms and conditions. Once this is done, users can then use the reference system to manage all of the data related to the contract. 
  
  Tips & Tricks: 
  When creating a reference system for a reinsurance contract, it is important to ensure that all of the information entered is accurate and up-to-date. This will help ensure that all of the data related to the contract is properly managed and stored in the reference system. 
  
  Related Information: 
  For more information on how to use the reference system in FS-RI Reinsurance, please refer to SAP's official documentation on the topic.