How to use ICLIBNREDITRESULT - IBNR Determination of Reserves

SAP Transaction Code - Details

• Transaction Code: ICLIBNREDITRESULT

  Description: IBNR Determination of Reserves

  Release: S/4HANA and ECC 6

• • Program: ICL_IBNR_RESULT_EDIT

    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: ICLIBNREDITRESULT - IBNR Determination of Reserves

  
  Overview:
  The SAP transaction code ICLIBNREDITRESULT 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 ICLIBNREDITRESULT transaction code allows users to calculate the reserves for IBNR claims. It uses a variety of factors, such as the claim history, current trends, and other data points, to determine the amount of reserves that should be set aside for these claims. 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 ICLIBNREDITRESULT transaction code in the SAP system. 
  2. Enter the relevant data points, such as claim history and current trends. 
  3. Adjust the reserves based on your own assumptions and estimates. 
  4. Save your changes and exit the transaction code. 
  
  Other Recommendations: 
  It is important to regularly review and update the reserves for IBNR claims in order to ensure that they are accurate and up-to-date. Additionally, it is recommended that users consult with an expert in order to ensure that they are using the correct data points and making accurate assumptions when calculating the reserves for IBNR claims.