Use

When executing the Execute payment plans mass activity, you can execute transfer postings to one or more insurance relationships.

Prerequisites

The corresponding insurance relationships exist in the system.

Features

Define transfer postings as own payment plan items for a source insurance relationship, and flag them with the Subledger transfer posting payment plan item category (22) on the Control data tab page. You create a payment plan item with the total transfer posting amount and up to 9998 other payment plan items, in which you refer to the target insurance relationships, and which must add together to produce the transfer posting amount. The payment plan items are grouped using a business transaction number, which you define on the Control data tab page. You can refer to the target partner and the target insurance object for the transfer posting in the fields for the enhancing insurance object, and for the partner for the enhancing insurance object, on the Insurance data tab page.

If you only transfer post to a target insurance relationship, you only have to create one payment plan item, which contains the transfer posting amount and the target insurance relationship, in the fields for the enhancing insurance object and the partner for the enhancing insurance object.

The transfer posting is executed when you execute a debit entry for payment plans for the source contract. The debit entry creates a document that does not contain any G/L items, and for which the business partner items have a balance of 0.