BASIC CALCULATION MODULE title: basic calculation module (FS-PM) (SAP Library - Glossary)
BASIC CALCULATION MODULE category: Policy Management (FS-PM)
BASIC CALCULATION MODULE explained:
In the life insurance line of business, extensive calculations are executed as part of the insurance mathematics. These calculations take place at a level below the tariff.
This level cannot be viewed in FS-PM and is composed of different elements known as calculation modules.
When a policy product is issued, the system first creates the basic calculation module, thereby creating a mirror image of the tariff. The benefits and premiums are the same as those in the tariff.
More terms such as basic calculation module in Dictionary B.
- Manual Budget Category (PSM-FM):
- Help A classification for a budget. There are the following budget categories: Commitment budget Payment budget Financial budget basic calculation module definition.
- Manual Bid Decrement:
- Help next bid must be less than the previous bid. The bid decrement is either a fixed currency amount or a percentage of the previous bid, based on the rule profile chosen by the purchaser. Bid basic calculation module explain.
- Manual Bonus Buy:
- Help in which special conditions are granted when certain products are bought together. The conditions can be special prices, fixed discounts, percentage discounts or free-goods discounts. Quantity-based basic calculation module what is.
- Manual Budget Period:
- Help Period for which budget data can be displayed and edited basic calculation module meaning.
- Manual BEx Query Designer:
- Help queries that are based on a selection of characteristics and key figures (InfoObjects) or on reusable InfoProvider structures. In the BEx Query Designer, you can parameterize queries by defining basic calculation module abbreviation.