What is object reference in SAP FS-CD - Collections/Disbursements?

SAP Term: object reference

• Component: FS-CD

• Component Name: Collections/Disbursements

• Description: A reference, for information purposes, to leading insurance objects. &EXAMPLE& An insurance policy to which multiple contracts belong could be defined for information purposes as an object reference in the associated insurance objects.

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• Key Concepts: 
  Object reference is a term used in the SAP FS-CD Collections/Disbursements component. It is a unique identifier that is assigned to each object in the system. This identifier is used to track and manage objects within the system. It can be used to link objects together, such as linking a customer to an invoice or a payment to an invoice. 
  
  How to use it: 
  Object references are used to identify and track objects within the system. They are assigned when an object is created and can be used to link objects together. For example, when creating an invoice, an object reference can be assigned to the customer and the invoice itself. This allows the system to track the customer and invoice together. 
  
  Tips & Tricks: 
  When creating objects in the system, it is important to assign an object reference so that it can be tracked and managed easily. It is also important to ensure that the object reference is unique so that it does not conflict with any other object references in the system. 
  
  Related Information: 
  Object references are also used in other SAP components, such as FI-CA and SD-FT. They are used for similar purposes, such as tracking and managing objects within the system. Additionally, object references can be used in conjunction with other SAP features, such as authorization checks and workflow management.