What is account creation variant in SAP FS-CD - Collections/Disbursements?

SAP Term: account creation variant

• Component: FS-CD

• Component Name: Collections/Disbursements

• Description: Automatic creation of a new contract account, or the usage of an existing one when creating an insurance relationship.

Smart SAP Assistant

• Key Concepts: 
  Account creation variant is a feature in the SAP FS-CD Collections/Disbursements component that allows users to create accounts with predefined settings. This feature helps streamline the process of creating accounts and ensures that all accounts are created with the same settings. 
  
  How to use it: 
  To use the account creation variant feature, users must first define the settings for the account. This includes setting up the account type, payment terms, and other parameters. Once these settings have been defined, users can then create an account using the predefined settings. 
  
  Tips & Tricks: 
  When creating an account using the account creation variant feature, it is important to ensure that all of the settings are correct. This will help ensure that all accounts are created with the same settings and will help streamline the process of creating accounts. 
  
  Related Information: 
  For more information on how to use the account creation variant feature in SAP FS-CD Collections/Disbursements, please refer to SAP's official documentation.