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withholding tax at the time of invoice booking using fpe1

Hi,My client is Re Insurance company, where they pay brokerage to brokersAt the time of booking the brokerage invoice there is astatutoryrequirement of deducting Withholding tax but i am not able...

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Alternative zu Stornobelegen im Freigabeworkflow

In FS-CD existieren Belege die noch nicht freigegeben sind. Bei Ablehnung im Freigabe-Workflow werden Stornobelege gebucht. Abhängig von der Menge der abgelehnten Belege gibt es ein hohes Aufkommen an...

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All Eyes on the International SAP Conference for Financial Services

Guest blog by Evelina Amanatidou, Head of Financial Services Marketing Manager for EMEA at SAP.  What do Nationwide, Achmea, Standard Bank, Santander, RBS, and Citi have in common? Besides being...

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SAP Insurance Analyzer - what's in it for insurers?

Not much information is yet available about the new launched SAP Insurance Analyzer that was announced by SAP press release June 11, 2013. I think we as insures would like to know more. Also as in my...

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And the Winner Is: Integrated Software – new study shows U.S. insurance...

Getting old isn’t easy but a majority of recently surveyed insurance executives believe that an integrated software platform could help rejuvenate everything at their companies from competitive...

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Sales for Insurance

Hi Gurus!! A good tools Sales for Insurance!! Please send a Questions!!

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The twin benefits of using social media as a tool

As the web continue to rise. Working in insurance, we face the same challenges as other customer-facing industries: of providing convenience, responsiveness, relevance and reliability, and making...

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REGISTER NOW! The Integrated Digital Insurance Company - How SAP Helps...

Dear Partner,We would like to invite you to the upcoming SAP enablement session "The Integrated Digital Insurance Company.” Please use the links below to register now! This webinar, part of our...

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REGISTER NOW! Wealth Management and Private Banking Overview, Aug 12&16

Dear Partner,We would like to invite you to the upcoming SAP enablement session "Wealth Management and Private Banking Overview.” Please use the links below to register now!  This webinar, part of our...

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Why insurance is so boring (and why it needn’t be)

Guest blog written by Chris Skinner, Chair, the Financial Services Club I began life in finance in insurance, taking the insurance exams and gaining a professional qualification and there are a few...

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REGISTER NOW! 360 Customer - Innovation Highlights for Insurance Companies...

Introducing the 360 Customer concept at SAP. Join this session for insights into which solutions best fit the Insurance industry. With demos of the latest innovations, we can outline which selling...

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Collection Strategy grouping at Contract Account level

Hello Everyone,I have configured FSCD system to use collection strategy for dunning. And have grouped it for contract account.When I run the mass activity (tcode: FPVA) against the VKONT i.e; Parallel...

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SAP Open Items list transaction code FPO4

Hi Experts, I have a problem running a standard report for open items FPO4 which is used to run for the open items list for a given run date.I have tried to run it as a parallelization run using the...

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SAP Insurance Business partner function is center data ?

SAP Insurance Business partner function is center data ? Any consultant has related experience for the SAP Insurance?My client will implement the SAP insurance solution, and also include...

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Main and Sub Transaction

When I post a document for Claim payment using FPE1, I am able to post the document, but when I look them in account display, it shows as receivable and not as a payable, and the GL recon acct is...

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Automatic creation of Business Partner

Is it possible to create business partner master data automatically in SAP FSCD when the claim payment is generated from Non-SAP claim system, if yes then how do we set this up.

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Wisdom of the Crowd: Top 5 SAP Benchmarking Surveys for Insurance Companies

In the new reality organizations face more pressure than ever to reduce cost, increase operational efficiency and create more value. Change starts with measuring the as is. You cannot manage what you...

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Today’s buzz: Do you know the meaning of Customer Experience? (Podcast)

60% of financial institutions believe their biggest strategic priority is improving customer centricity(Source: SAP Benchmarking Study) To satisfy highly variable and dynamic customer demand, insurers...

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International SAP Conference for Financial Services: Insurance Track Recap

Guest posting by Anton Tomic, Global Head of Strategy - Insurance, at SAP  The recent International SAP Conference for Financial Services in London, England brought together some of the world’s leading...

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UPR calculation in FS CD

I need to configure Deferred Revenue postings in FS CD (SAP Insurance) module for calculating Unearned Premium revenue. Can anyone help?I have done the required configuration in SPRO however I am not...

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