Premiums and down payments on premiumsare posted when they are imported into Collections/Disbursements (for example, using the debit entry function). The items are cleared in the Clear Provisional Premium Request function. Until the items are cleared, the system has to prevent the imported items from being processed further, such as in a payment run, for instance. This is to ensure that the items are not debited twice.
This is done by entering clearing restriction F (
Automatic Clearing of Provisional Premium Requests (FS-CD)
). The following rules apply for the use of the clearing restriction for items:
Each provisional premium requestthat can be cleared is posted with the clearing restriction.
If provisional premium requests have already been posting for the settlement period, incoming premiums are also posted with the clearing restriction. This is necessary because existing provisional premium requests have to be posted first in the clearing process. The clearing restriction remains in place for the premium until it is settled when provisional premium requests are cleared.
This is necessary because the clearing run must clear these against the most recent provisional premium request so that the open amount is displayed correctly in the contract account.
Once a premium has been cleared, there are no clearing restrictions for subsequent premiums.
If you want to lock down payments on premium requests so that they are not handled in subsequent processes, in Customizing you can enter clearing restriction F for the relevant main transactions and subtransactions. You enter this setting in Customizing for
Collections/Disbursements
under
. If you enter clearing restriction F for the relevant main transactions and subtransactions, down payments for provisional premium requests are also posted with the clearing restriction. In this IMG activity, you can also enter a payment lock reason for down payments.
The clearing run deletes the clearing restriction for down payments for provisional premium requests only if a premium is imported into Collections/Disbursements and the down payment can be cleared against the premium.
In the account maintenance function, you cannot process open items that are assigned clearing restriction F (
automatic clearing of provisional premium requests (FS-CD)
). If you want to process the open items, you can delete the clearing restriction manually by choosing
In Customizing under
automatic clearing of provisional premium requests (FS-CD)
). You need to have entered this setting so that you can remove clearing restrictions on the