What is unified identification code in SAP (FI - Financial Accounting)?

SAP Term: unified identification code

• Component: FI

• Component Name: Financial Accounting

• Description: An identification number, in Bulgaria, that is assigned to legal persons and some natural persons working in sole proprietorships or partnerships. The number is issued by the National Statistical Institute, also known as Bulstat.

Smart SAP Assistant

• Key Concepts: 
  A Unified Identification Code (UIC) is a unique identifier used in SAP Financial Accounting (FI) to identify a particular account. It is a combination of the company code, the chart of accounts, and the account number. The UIC is used to ensure that all accounts are uniquely identified and can be easily tracked. 
  
  How to use it: 
  The UIC is used to identify an account in SAP FI. It is composed of three parts: the company code, the chart of accounts, and the account number. The company code is a four-digit code that identifies the company in SAP FI. The chart of accounts is a list of all accounts used by the company. The account number is a unique identifier for each account in the chart of accounts. When combined, these three elements form the UIC. 
  
  Tips & Tricks: 
  When entering a UIC into SAP FI, it is important to make sure that all three elements are entered correctly. If any of the elements are incorrect, it can lead to errors or incorrect data being displayed. Additionally, it is important to remember that each company code has its own unique UICs, so it is important to make sure that you are entering the correct UIC for the correct company code. 
  
  Related Information: 
  The UIC is closely related to other SAP FI concepts such as General Ledger Accounts and Cost Centers. It is also related to other SAP modules such as Materials Management (MM) and Sales and Distribution (SD). Understanding how these concepts interact with each other can help you better understand how SAP FI works and how to use it effectively.