What is recipient item in SAP FS-AM-OM-SO - Standing Order?

SAP Term: recipient item

• Component: FS-AM-OM-SO

• Component Name: Standing Order

• Description: Comprises the details relevant for determining the target account bank country, bank key, account number, name, amount and transaction currency and a number of payment note lines. Under defined circumstances, a standing order can comprise several recipient items; in this case we speak of a collective standing order.

Smart SAP Assistant

• Key Concepts: 
  A recipient item is a component of the SAP FS-AM-OM-SO Standing Order module. It is used to define the recipient of a payment order, such as a vendor or customer. The recipient item contains information about the recipient, such as their name, address, and bank account details. 
  
  How to use it: 
  To create a recipient item, go to the SAP FS-AM-OM-SO Standing Order module and select “Create Recipient Item” from the menu. Enter the necessary information about the recipient, such as their name, address, and bank account details. Once you have entered all of the required information, click “Save” to create the recipient item. 
  
  Tips & Tricks: 
  When creating a recipient item, make sure to double-check all of the information you have entered. This will help ensure that payments are sent to the correct recipient and that they are sent on time. 
  
  Related Information: 
  For more information about the SAP FS-AM-OM-SO Standing Order module, please refer to the official SAP documentation.