term module calculation basic what is
Meaning of basic calculation module. What is it: calculations are executed as part of the insurance.

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Definition basic calculation module

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.
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