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 Billing Plan Type:
- Help for drawing up the billing plan. For example, you can use billing plan types to determine billing dates. You can use rules or, in CRM, you can use financial mathematics to generate billing request basic calculation module definition.
- Manual BI Accelerator Box:
- Help Preconfigured hardware that is installed on the BI accelerator software basic calculation module explain.
- Manual Breakdown Indicator:
- Help The means by which the type of period is defined. Example This is used in the quantity schedule of the outline agreement basic calculation module what is.
- Manual Bill Of Material For Function Location:
- Help describe the structure of a functional location and to allocate spares to the functional location for maintenance. A functional location BOM can be created for each functional location or for a group basic calculation module meaning.
- Manual Batch Management (SAP):
- Help area of SAP for Chemicals that manages batches throughout the entire enterprise, from vendor receipt through distribution, with full traceability. The Batch Operator Cockpit provides a powerful basic calculation module abbreviation.
