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Incentive and Commission Management for Insurance

Course Details
Code: FS325-v010
Tuition (USD): Contact Us For Pricing

Skills Gained

  • This course will prepare you to:
       -Understand the additional functions & features, which are used in the Financial Service Industry (e.g. Insurance)
       -Configure and use specific FSI-related processes. Details see course content

Who Can Benefit

  • Application Consultant
  • End User
  • Super / Key / Power User
  • Business Process Architect
  • Business User
  • Industry Specialist
  • Solution Architect
  • System Administrator
  • User

Prerequisites

  • Essential:
       -FS320 Incentive & Commission Management
  • Recommended:
       -HR505 Organizational Management
       -SCM620 Pricing in SD
       -Basic knowledge of ABAP is also an advantage

Course Details

Course Content

  • Basic Setup
       -Explain one commission calculation of an Insurance Company Commission
       -Explain the Liability Functionality in a Commission Case
       -Perform customizing steps for the liability functionality
       -Explain the liability calculation in the commission case
       -Explain the actual commission scenario
       -Implement the actual commission scenario
       -Understand the use of the actual commission scenario within the commission case
  • Periodical Processes
       -Execute the customizing steps for the settlement run from FS-ICM to FS-CD
       -Maintain the master data to enable you to post to FS-CD
  • Entitlement and Liability Transfer
       -Explain the entitlement and liability transfer process
       -Execute the entitlement and liability transfer process
  • Portfolio Assignment (PFO)
       -Understand the use of the portfolio assignment (PFO)
       -Display the content of the portfolio assignment
       -Execute a portfolio re-assignment via the dialog
       -Execute the necessary steps within the PFO customizing
  • Credential (CRD)
       -Explain the credential functionality
       -Use the credential tool in daily business
       -Understand the necessary customizing steps

Notes

  • This course requires a general knowledge about the ICM, which is presented in the course FS320.

Course based on software release

  • S/4HANA 1709 FP00
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