PREMIUM/BENEFIT CLEARING ACCOUNT title: premium/benefit clearing account (FS-CD) (SAP Library - Glossary)
PREMIUM/BENEFIT CLEARING ACCOUNT category: Collections/Disbursements (FS-CD)
PREMIUM/BENEFIT CLEARING ACCOUNT explained:
A clearing account for broker collections in the general ledger, on which the total premiums and claims payments reported by a broker are matched to the total amounts distributed on the individual customer contract accounts.
More terms such as premium/benefit clearing account in Dictionary P.
- Manual Payment Term Code:
- Help The alphanumeric key that clearly identifies individual payment terms premium/benefit clearing account definition.
- Manual Product Change (FS-PM):
- Help contract with calculable values or assumed data, but without a new policy. For each previous contract, there is just one new contract. Calculable values can include premiums or reserves. Assumed data premium/benefit clearing account explain.
- Manual Portfolio Item (XAP-RPM):
- Help Any of the supported base system types managed in the portfolio. Examples of portfolio items include project proposals, projects, ideas, concepts, and products premium/benefit clearing account what is.
- Manual Process Audit:
- Help A part of a quality audit premium/benefit clearing account meaning.
- Manual Policy:
- Help Groups one or more contracts premium/benefit clearing account abbreviation.