What is technical account in SAP FS-RI - Reinsurance?

SAP Term: technical account

• Component: FS-RI

• Component Name: Reinsurance

• Description: In reinsurance, an account is a collection of postings that occur either in an obligatory or facultative form depending on the reinsurance business. An account can group together postings according to different criteria, such as by treaty, currency, loss, or period.

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  Key Concepts: 
  A technical account in SAP FS-RI Reinsurance is a type of account that is used to store technical information related to the reinsurance process. This includes data such as the reinsurance contract, the reinsurance agreement, and the reinsurance premium. The technical account is used to track and manage all of this information in one place. 
  
  How to use it: 
  The technical account is used to store all of the necessary information related to the reinsurance process. This includes data such as the reinsurance contract, the reinsurance agreement, and the reinsurance premium. The technical account can be accessed by users with appropriate permissions and can be used to track and manage all of this information in one place. 
  
  Tips & Tricks: 
  When setting up a technical account in SAP FS-RI Reinsurance, it is important to ensure that all of the necessary information is included. This includes data such as the reinsurance contract, the reinsurance agreement, and the reinsurance premium. It is also important to ensure that only users with appropriate permissions have access to the technical account. 
  
  Related Information: 
  For more information on setting up a technical account in SAP FS-RI Reinsurance, please refer to the SAP Help documentation. Additionally, there are several online resources available that provide detailed instructions on how to set up a technical account in SAP FS-RI Reinsurance.