Compare Payment Plans for Insurance Contracts

During end-of-day processing, you use this mass run to create a list of all insurance master data that has changed in Collateral Management (FS-CMS). You use a Business Add-In (BAdI) to generate files, which you can transfer to the affected insurance for data comparison. The system also calls up the account master data in Account Management (FS-AM) to update the conditions.

Prerequisites

For information about the prerequisites, see the report documentation in the system, which you access in the initial screen for the transaction by clicking the icon, or in the description of the Insurance function.

Features

If you assign an insurance contract to an account, the system creates a payment plan for the insurance premiums. This payment plan is a condition that is part of the account master data. Based on this condition, the system creates the flows in the cash flow.

For all insurance contracts that are assigned to an account, the system calls the Business Add-In BAdI: Generate List of Master Data Changes. Dependent on the BAdI impementation, the system creates a file of all changed insurance contracts, which can be transmitted to the insurance companies for comparison.

Activities

You call this report on the SAP Easy Access Screen for Account Management under Start of the navigation path (FS-AM) Next navigation step Periodic Tasks Insurance Compare Payment Plans for Insurance Contracts End of the navigation path .

In te selection parameters, you specify the date from which the system is to compare the payment plans for insurances. You can also use the internal contract identification number to restrict the selection further.