What is account holder change in SAP FS-AM-OM-AC - Account Order?

SAP Term: account holder change

• Component: FS-AM-OM-AC

• Component Name: Account Order

• Description: A business object that changes the master data entry for the account holder of an account in the Account Management FS-AM system. The previous account holder is replaced by a new business partner existing in the roles of account holder and correspondence recipient. The account holder change is managed in the Account Management system as an order by Order Management and is depicted on the account through the activation of the order. The account holder change executes all the necessary functions, such as deleting existing standing orders.

Smart SAP Assistant

• Key Concepts: 
  Account holder change is a process in SAP FS-AM-OM-AC Account Order Management that allows users to modify the account holder information associated with an account. This includes changing the name, address, and other contact information associated with the account. 
  
  How to use it: 
  To change the account holder information, users must first access the Account Order Management component in SAP. From there, they can select the “Account Holder Change” option from the menu. This will open a form where users can enter the new account holder information. Once all of the required fields have been filled out, users can submit the form to complete the process. 
  
  Tips & Tricks: 
  When changing an account holder’s information, it is important to double-check all of the information entered to ensure accuracy. Additionally, users should be aware that some changes may require additional verification or approval before they can be completed. 
  
  Related Information: 
  For more information on how to use Account Order Management in SAP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide step-by-step instructions on how to use this component.