REPLACEMENT BUSINESS title: replacement business (FS-PM) (SAP Library - Glossary)
REPLACEMENT BUSINESS category: Policy Management (FS-PM)
REPLACEMENT BUSINESS explained:
New business with calculable values or assumed data. Calculable values can include premiums or reserves. External capital can also be included as a calculable value. Assumed data includes the insured person or the premium payer, for example. The calculable values or assumed data can be transferred from one or more previous contracts to one or more new contracts.
Examples:
Replacement of capital-sum life insurance with capital-sum annuity insurance. Replacement of private vehicle insurance with commercial vehicle insurance. Reserve carryforward from one insurance company to anotherMore terms such as replacement business in Dictionary R.
- Manual Reference Service:
- Help Cost object service to which services entered on a case basis are assigned. The cost object service is the reference service from the perspective of the assigned services replacement business definition.
- Manual Release (PLM-CPR):
- Help The change in status of a project element. This involves a project element being released for processing replacement business explain.
- Manual Reduced-From Price:
- Help Manual price change made without reprinting a ticket replacement business what is.
- Manual Rule Strategy:
- Help setting for the rules-based availability check. A rule strategy includes all valid condition types for a rules-based availability check, and thereby also indirectly determines the selection of replacement business meaning.
- Manual Role (EP-PIN-ROL):
- Help tasks, services, and information that is available for groups of users. The role determines which service can be accessed. In addition, it provides the visualization of content and the navigation replacement business abbreviation.
