Clear Prem. Rec. Automatically
Application component: Collections and Disbursements
App type: SAP GUI
Description:  You can use this function to clear provisional premium requests, premiums, and down payments made by the customer against provisional premium requests. For more information about the business scenario upon which this function is based, see Provisional Premium Requests. 
Key features:  The first step in the settlement process is the import into Collections/Disbursements of the first provisional premium request that can be cleared. Once this has been imported, other items required for the clearing process can then be imported into Collections/Disbursements. New provisional premium requests (value is the best estimate) that can be cleared Final premium amount Customer down payments on provisional premium requests So that these imported items are processed only when provisional premium requests are cleared, when they are posted they are assigned a clearing restriction to prevent them from being included in other processes.  For more information about how clearing restrictions affect items that are to be cleared, see Restrictions on the Clearing of Provisional Premiums. As soon as there is a more accurate estimate than the existing provisional premium request, or if the final premium for a contract account is imported, the system automatically does the following in the clearing run: The system clarifies which items (provisional premium requests, premiums, and down payments on premium requests) can be grouped together in one clearing group. It groups the items of a contract account by the following criteria: Insurance object Contract account Business partner Currency Settlement period The system identifies the most recent item for clearing (premium or provisional premium request) within a settlement period. As soon as the system identifies a premium for the settlement period, this is then the most recent item for clearing. If the system does not find a premium, it then takes the most recent provisional premium request for clearing.  If debit items are selected, the system takes the creation date of the corresponding payment plan item. For all other documents the system uses the CPU date of the document. The next steps depend on the type of the most recent item that is relevant for clearing: The most recent item relevant for clearing is a premium The clearing restriction is deleted from the premium and from all provisional premium requests. All the provisional premium requests found for the settlement period in question are cleared. The clearing restrictions on down payments on premium requests are deleted, since these no longer have to be reserved for the provisional premium requests. Any down payments that were made for premium requests are cleared against the premium.  The most recent item relevant for clearing is a provisional premium request The clearing restrictions are deleted for provisional premium requests that are out-of-date. Any provisional premium requests that are out-of-date are cleared. The clearing restriction on the current provisional premium request is deleted. Down payments received for premium requests are cleared against the most recent provisional premium request. The contract account is included in the next settlement runs until a premium is posted and cleared for the settlement period in question. If the clearing run cannot process an account automatically, the system creates a clarification case.  Note that not all steps are mandatory. For example, it may be the case that a premium replaces a provisional premium request, yet the customer has not made a down payment on the provisional premium request. In this instance only the provisional premium request is cleared.  Payments on account are not included in the clearing of provisional premium requests.