Dear Forum users,
I hope somebody can support me in understanding how the system works for insurance values in FI-AA?
We have set up insurance values in the past and migrated data into the system, initially calculated the insurance base values ans later on switched the insurance index series to IndexClass '1: Dependant on year, no historical indexing' - as it is recommended in the documentation.
It worked as expected over several years, no problems so far.
This year, we had to merge some asset masters; for example we had to transfer the value of an asset with capitalization date 1997 to another asset with cap.date 1974.
I would have assumed that the insurance base value is simply included in this transfer and added to the 1974´ asset.
But the system calculates some strange new insurance base values (at least I do not understand what/why...)
and due to the index calculation the change in insurance base value leads to large differences in insurance values (currently 450% of base value).
Before transfer:
| Cap.Date | APC | insurance base value |
|---|
| asset 1 | 1997 | 22 000 | 6 800 |
| asset 2 | 1974 | 226 000 | 172 500 |
| total | | 248 000 | 179 300 |
after transfer:
| Cap.Date | APC | insurance base value |
|---|
| asset 2 | 1974 | 248 000 | 190 000 |
And even stranger:
In another case we transferred a sub number asset to the main number, both assets have the same cap.date. But the result is a difference in values:
Before transfer:
asset 1-0 2001 400 000 134 000
asset 1-1 2001 1 248 000 420 000
total 1 648 000 554 000
after transfer:
asset 1-0 2001 1 648 000 574 000
-> Could anybody please give me a hint what´s going on - or is there a more detailed documentation of the insurance value logic
available?
Thank you
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