How to use ICLIBNRDIRECT - Selection: Direct IBNR Reserving

SAP Transaction Code - Details

• Transaction Code: ICLIBNRDIRECT

  Description: Selection: Direct IBNR Reserving

  Release: S/4HANA and ECC 6

• • Program: SAPLICL_IBNR

    Screen: 101

    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: ICLIBNRDIRECT - Selection: Direct IBNR Reserving

  
  Overview:
  The SAP transaction code ICLIBNRDIRECT is used to select direct IBNR reserving. IBNR stands for Incurred But Not Reported, which is a type of insurance reserving that is used to estimate the amount of claims that have been incurred but not yet reported. This transaction code allows users to select direct IBNR reserving for a particular insurance policy. 
  
  Functionality:
  The ICLIBNRDIRECT transaction code allows users to select direct IBNR reserving for a particular insurance policy. This selection is based on the policy's characteristics, such as the type of coverage, the policy period, and the amount of coverage. The selection process also takes into account any additional factors that may affect the amount of claims that have been incurred but not yet reported. 
  
  Step-by-Step How to Use
  1. Enter the transaction code ICLIBNRDIRECT in the command field. 
  2. Enter the policy number and other relevant information in the selection screen. 
  3. Select the direct IBNR reserving option from the list of available options. 
  4. Confirm your selection by clicking on “OK”. 
  5. The system will then display a list of all claims that have been incurred but not yet reported for this particular policy. 
  
  Other Recommendations:
  It is important to note that this transaction code should only be used when selecting direct IBNR reserving for a particular insurance policy. It should not be used for any other purpose, such as selecting other types of insurance reserving or making changes to existing policies. Additionally, it is recommended that users consult with their insurance provider before making any changes to their policies using this transaction code.