COMPENSATION (FS-CM) title: compensation (FS-CM) (SAP Library - Glossary)
COMPENSATION (FS-CM) category: Claims Management (FS-CM)
COMPENSATION (FS-CM) explained:
Payment or service provided by an insurer to an insured to compensate the insured when a loss or claim occurs.
This benefit or service depends on the insurance coverage (like compensation for repair work).
Compensation for a loss differs from expenses, which are costs incurred by the insurer in the course of settling a claim.
More terms such as compensation (FS-CM) in Dictionary C.
- Manual Cash Loss:
- Help Amount paid by a reinsurer to an insurer before the exact extent of liability is known compensation (fs-cm) definition.
- Manual Course Status:
- Help Attribute of structures in the Training area. It indicates whether the version of a course is preliminary or final compensation (fs-cm) explain.
- Manual Calculation Type (SD):
- Help A rule that specifies if the condition rate is defined as an absolute amount, as an amount referring to a quantity, weight or volume, or as a percentage value, for conditions in pricing compensation (fs-cm) what is.
- Manual Commission Application:
- Help grouping of all the elements in a commission installation that contains all the parts of the commission system generated in accordance with Customizing, for example: Business partner administration compensation (fs-cm) meaning.
- Manual Check Input:
- Help received from third parties into the SAP Oil and Gas system. The Check Input application component can process payments automatically, or you can enter payments into the system manually. In Check compensation (fs-cm) abbreviation.
