What is requested amount in SAP LO-WTY - Warranty Claim Processing?

SAP Term: requested amount

• Component: LO-WTY

• Component Name: Warranty Claim Processing

• Description: Total net amount of all items of a claim that is sent to the supplier with request for reimbursement.

Smart SAP Assistant

• Key Concepts: 
  Requested amount is a term used in the LO-WTY Warranty Claim Processing component of SAP. It refers to the amount of money that a customer has requested to be reimbursed for a warranty claim. This amount is typically based on the cost of the product or service that was covered by the warranty. 
  
  How to use it: 
  In order to use the requested amount feature, a customer must first submit a warranty claim. Once the claim is approved, the customer will be asked to provide an estimate of the cost of the product or service that was covered by the warranty. This estimate will then be used to calculate the requested amount. 
  
  Tips & Tricks: 
  When submitting a warranty claim, it is important to provide an accurate estimate of the cost of the product or service that was covered by the warranty. This will ensure that the requested amount is accurate and that you receive the full reimbursement for your claim. 
  
  Related Information: 
  The requested amount feature is part of SAP's LO-WTY Warranty Claim Processing component. For more information about this component, please visit SAP's website at https://www.sap.com/products/lo-wty-warranty-claim-processing.html.