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Transaction Code: PC00_M05_CAKH
Description: Premium Reduction Overview
Release: S/4HANA and ECC 6
Menu Path:
Program: RPCAKHN0
Screen: 1000
Authorization Object:
Development Package: PC05
Package Description:
Parent Package:
Module/Component:
Description:
Overview: PC00_M05_CAKH is a SAP transaction code used to reduce the premium of an insurance policy. It is used to adjust the premium amount of an insurance policy in order to make it more affordable for the policyholder. Functionality: This transaction code allows users to reduce the premium of an insurance policy by entering the desired amount. The system then calculates the new premium amount and displays it on the screen. The user can then confirm or reject the new premium amount. Step-by-step How to Use: 1. Enter the transaction code PC00_M05_CAKH in the command field. 2. Enter the desired premium reduction amount in the “Premium Reduction” field. 3. The system will calculate and display the new premium amount on the screen. 4. Confirm or reject the new premium amount by selecting “Yes” or “No” respectively. 5. If you select “Yes”, the system will update the policy with the new premium amount and display a confirmation message on the screen. Other Recommendations: It is recommended that users review their policies carefully before making any changes using this transaction code, as any changes made may have an impact on their coverage and benefits. Additionally, users should consult with their insurance provider before making any changes to ensure that they are aware of any potential implications of their actions.
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