Master Data Constellations for Broker

You create a broker contract and a broker account for a broker (obligatory). You can manage a separate commission contract with its own commission account for a broker, as well as creating a separate subledger clarification account. This produces four master data scenarios for brokers:

  • Broker with commission account and subledger clarification account

  • Broker with commission account and general ledger clarification account

  • Broker without commission account and with subledger clarification account

  • Broker without commission account and with subledger clarification account

    SAP recommends that you pay commission with a specific commission account, with an assigned commission contract. If you set up a separate commission contract with its own commission account, you will have a better view of the broker's posting data.

    • The commission determined by the commission system is offset against the commission reported and called in by the broker, on the commission account.

    • The commission on this account that is open and not locked for clearing is included in the proposal for the broker report.

    • Only commission to which the broker was entitled when processing the broker report is included on the broker account. These commissions can be disbursed or cleared with receivables and incoming payments.

    • If no commission contract is available with an assigned commission account, you must post commission to the broker contract.

      SAP recommends that you use a subledger clarification account.

      The subledger clarification account enables clearly arranged presentation of the clarification cases for a broker in the account balance.

      Unlike the G/L clarification account, the subledger clarification account is managed on an open item basis.

Broker with commission account and subledger clarification account

You create an insurance object for the broker, with the commission contract internal insurance category, and assign a separate commission account to it, with the broker as the business partner.

Define a commission account for the broker contract on the Broker Collections tab page.

Create a further contract account for clarification cases for the broker.

No insurance object is assigned to this account.

Define the subledger clarification account for the broker contract on the Broker Collections tab page.

Broker with commission account and general ledger clarification account

You create an insurance object for the broker, with the commission contract internal insurance object category, and assign a separate commission account to it, with the broker as the business partner.

Define a commission account for the broker contract on the Broker Collections tab page.

The field for the clarification account on the Broker Collections tab page for the insurance object is not filled. The general ledger clarification account used when posting is derived from the specifications in Customizing. See Start of the navigation path SAP for Insurance Next navigation step Collections/Disbursements Next navigation step Broker Collections Next navigation step Settings for Broker Report Clarification Next navigation step Assign G/L Accounts to Categories End of the navigation path .

Broker without commission account and with subledger clarification account

The field for the commission contract on the Broker Collections tab page for the insurance object is not filled.

Create a further contract account for clarification cases for the broker.

No insurance object is assigned to this account.

Define the subledger clarification account for the broker contract on the Broker Collections tab page.

Broker without commission account and with subledger clarification account

The fields for the commission contract and the clarification account are left empty on the Broker Collections tab page for the insurance object.