How to use ICLIBNRPROCESS - IBNR Reservenbestimmung

SAP Transaction Code - Details

• Transaction Code: ICLIBNRPROCESS

  Description: IBNR Reservenbestimmung

  Release: S/4HANA and ECC 6

• • Program: ICL_IBNR_PROCESS

    Screen: 1000

    Authorization Object:

  • Development Package: ICL_IBNR

    Package Description: Processing IBNR Reserves

    Parent Package: FS-CM

  • Module/Component: FS-CM

    Description: Claims Management

Smart SAP Assistant

• SAP Tcode: ICLIBNRPROCESS - IBNR Reservenbestimmung

  
  Overview:
  The SAP transaction code ICLIBNRPROCESS is used to determine the reserves for Incurred But Not Reported (IBNR) claims. This code is used to calculate the reserves for IBNR claims, which are claims that have been incurred but not yet reported to the insurer. 
  
  Functionality: 
  The ICLIBNRPROCESS transaction code allows users to calculate the reserves for IBNR claims. It uses historical data to determine the expected number of claims that will be reported in the future. The code also allows users to adjust the reserves based on their own assumptions and estimates. 
  
  Step-by-step How to Use: 
  1. Enter the ICLIBNRPROCESS transaction code in the SAP system. 
  2. Enter the necessary information such as policy number, claim type, and claim amount. 
  3. Select the “Calculate” button to generate a report with the estimated reserves for IBNR claims. 
  4. Adjust the reserves based on your own assumptions and estimates. 
  5. Select the “Save” button to save your changes. 
  
  Other Recommendations: 
  It is important to regularly review and update the reserves for IBNR claims as new information becomes available. Additionally, it is recommended that users consult with an expert in insurance accounting before making any changes to the reserves.