What is 'reserved amount' in SAP IS-TMA-ITC - SAP Intelligent Trade Claims Management?

reserved amount - Overview

• Component: IS-TMA-ITC

• Component Name: SAP Intelligent Trade Claims Management

• Description: The sum total of both the pending and approved amounts.

reserved amount - Details

• 
  Key Concepts: 
  Reserved amount is a feature of the SAP Intelligent Trade Claims Management (IS-TMA-ITC) component. It is used to reserve a certain amount of money for a claim that has been submitted. This amount is then used to pay out the claim when it is approved. The reserved amount can be adjusted as needed, depending on the claim's status. 
  
  How to use it: 
  The reserved amount feature can be accessed through the SAP Intelligent Trade Claims Management (IS-TMA-ITC) component. To use it, first select the claim that you want to reserve an amount for. Then, enter the desired amount in the “Reserved Amount” field. This will reserve the specified amount for the claim and will be used to pay out the claim when it is approved. 
  
  Tips & Tricks: 
  It is important to keep track of the reserved amounts for each claim, as they can be adjusted as needed depending on the status of the claim. Additionally, it is important to ensure that the reserved amounts are sufficient to cover any potential payouts for approved claims. 
  
  Related Information: 
  For more information about using the reserved amount feature in SAP Intelligent Trade Claims Management (IS-TMA-ITC), please refer to SAP’s official documentation.