The generic MoneyProvision business object is a representation of MoneyProvision-related data as it pertains to insurance policies. MoneyProvision represents a single amount or a group of equal amounts of money that is payable or due from one party to another party. When identified to be due, the MoneyProvision business object must be used to create a MoneyObligation business object that represents money that is due.
For example, in a liability claims assessment, various amounts of money are identified related to all the damaged objects, but until the liability of the insurance company is clearly identified, the money is not due. Only when the insurance company is liable to pay the claimed amounts will the money provisions be used to create money obligations, which then are used to trigger the appropriate payments. However, because multiple money provisions may be grouped into a single money obligation (under the condition that the payer and receiver are the same in each case), it is not the MoneyProvision business object itself that is responsible for creating the corresponding MoneyObligation object.
The generic MoneyProvision business object is a hierarchical business object. MoneyProvision includes the attributes listed in the following image:
The generic MoneyProvision business object supports the following verbs:
To examine a listing of the attributes of the generic MoneyProvision business object, use System Manager or Business Object Designer.
For more information on related business objects and collaborations, see the following documents: