How to use /GSINS/RESERVE_CALC - Reserve Calculation of Losses

SAP Transaction Code - Details

• Transaction Code: /GSINS/RESERVE_CALC

  Description: Reserve Calculation of Losses

  Release: S/4HANA and ECC 6

• • Program: /GSINS/OLR_RESERVE_CALC

    Screen: 1000

    Authorization Object:

  • Development Package: /GSINS/OLR

    Package Description: FS-CM Russia: Open Loss Reserves

    Parent Package: /GSINS/RU

  • Module/Component: FS-CM-LC

    Description: Financial Services Localization

Smart SAP Assistant

• SAP Tcode: /GSINS/RESERVE_CALC - Reserve Calculation of Losses

  
  Overview:
  The SAP transaction code /GSINS/RESERVE_CALC is used to calculate the reserve for losses in the insurance industry. This transaction code is used to calculate the amount of money that an insurance company must set aside to cover potential losses. 
  
  Functionality: 
  This transaction code allows users to calculate the reserve for losses based on the data entered into the system. The system will then generate a report that shows the amount of money that needs to be set aside for potential losses. This report can then be used by the insurance company to make decisions about how much money should be set aside for potential losses. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code /GSINS/RESERVE_CALC into the SAP system. 
  2. Enter the necessary data into the system, such as policy information, claims information, and other relevant data. 
  3. The system will generate a report that shows the amount of money that needs to be set aside for potential losses. 
  4. Review the report and make any necessary adjustments or changes. 
  5. Once all adjustments have been made, save the report and use it to make decisions about how much money should be set aside for potential losses. 
  
  Other Recommendations: 
  It is important to regularly review and update the data entered into the system in order to ensure that the reserve calculation is accurate and up-to-date. Additionally, it is important to review any changes in regulations or laws that may affect how much money needs to be set aside for potential losses. Finally, it is important to regularly review and update any policies or procedures related to reserve calculations in order to ensure that they are in compliance with all applicable laws and regulations.