How to use ICLIBNRCLASS - Calculation of Suppl. Reserves

SAP Transaction Code - Details

• Transaction Code: ICLIBNRCLASS

  Description: Calculation of Suppl. Reserves

  Release: S/4HANA and ECC 6

• • Program: ICL_IBNRQUART_CLASS

    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: ICLIBNRCLASS - Calculation of Suppl. Reserves

  
  Overview:
  The SAP transaction code ICLIBNRCLASS is used to calculate the supplementary reserves for a company. This transaction code is used to calculate the amount of reserves that must be set aside in order to cover potential losses due to unforeseen circumstances. 
  
  Functionality: 
  This transaction code allows users to calculate the amount of supplementary reserves that must be set aside in order to cover potential losses due to unforeseen circumstances. The calculation is based on the company's current financial situation and the expected future financial performance. The calculation also takes into account any potential risks that may arise in the future. 
  
  Step-by-step How to Use: 
  1. Enter the SAP transaction code ICLIBNRCLASS into the command field. 
  2. Enter the necessary information such as the company's current financial situation and expected future financial performance. 
  3. Enter any potential risks that may arise in the future. 
  4. The system will then calculate the amount of supplementary reserves that must be set aside in order to cover potential losses due to unforeseen circumstances. 
  5. The results of the calculation will be displayed on the screen. 
  
  Other Recommendations: 
  It is important to regularly review and update the calculation of supplementary reserves in order to ensure that the company is adequately prepared for any potential losses due to unforeseen circumstances. Additionally, it is important to consult with a financial advisor or accountant when calculating supplementary reserves in order to ensure accuracy and compliance with applicable regulations.