What is information type in SAP FS-CD - Collections/Disbursements?

SAP Term: information type

• Component: FS-CD

• Component Name: Collections/Disbursements

• Description: Identification for confirmations from the same category in the information container. The information type is determined by the triggering business tranasction and defines which data is transferred to the information container and stored there. Information types are defined dependent on the functions that trigger storing such as reaching a specified dunning level in the dunning process.

Smart SAP Assistant

• Key Concepts: 
  Information type is a feature of the Financial Services Collection and Disbursement (FS-CD) component of SAP. It is used to define the characteristics of a particular type of information, such as customer data, payment data, or account data. This allows the system to store and process the information in a consistent manner. 
  
  How to use it: 
  In order to use information types, you must first define them in the system. This is done by creating an information type in the FS-CD component. Once created, you can assign it to a specific field or set of fields in the system. This will allow the system to recognize and process the information in a consistent manner. 
  
  Tips & Tricks: 
  When creating an information type, it is important to consider how it will be used in the system. For example, if you are creating an information type for customer data, you should consider what fields are necessary for that data and how they should be stored and processed. 
  
  Related Information: 
  For more information on how to create and use information types in SAP FS-CD, please refer to the official SAP documentation.