What is bank number in SAP FI - Financial Accounting?

SAP Term: bank number

• Component: FI

• Component Name: Financial Accounting

• Description: A unique identification key for a bank.

Smart SAP Assistant

• Key Concepts: 
  A bank number is a unique identifier assigned to a bank account in SAP Financial Accounting (FI). It is used to identify the bank account and differentiate it from other accounts. The bank number is also used to link the bank account to other SAP components, such as Accounts Payable (AP) and Accounts Receivable (AR). 
  
  How to use it: 
  In SAP FI, the bank number is used to identify the bank account when entering transactions. When entering a payment or receipt, the bank number must be entered in order for the transaction to be processed correctly. The bank number can also be used to search for existing transactions or view account balances. 
  
  Tips & Tricks: 
  When entering a payment or receipt, make sure to double-check that the correct bank number has been entered. This will ensure that the transaction is processed correctly and that the funds are deposited into the correct account. 
  
  Related Information: 
  The bank number is linked to other SAP components, such as Accounts Payable (AP) and Accounts Receivable (AR). This allows for easy reconciliation between different components and ensures that all transactions are accounted for correctly.