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

SAP Term: template account

• Component: FS-CD

• Component Name: Collections/Disbursements

• Description: Describes a contract account that is used as a copy template, when creating a contract account.

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• Key Concepts: 
  A template account is a type of account in the SAP FS-CD Collections/Disbursements component. It is used to store information about a customer’s payment terms, such as the payment due date, payment method, and payment amount. This information can then be used to generate invoices and other documents related to the customer’s payments. 
  
  How to use it: 
  To create a template account in SAP FS-CD Collections/Disbursements, you must first enter the customer’s payment terms into the system. This includes the payment due date, payment method, and payment amount. Once this information is entered, you can then create a template account for the customer. This template account will store all of the customer’s payment terms and can be used to generate invoices and other documents related to the customer’s payments. 
  
  Tips & Tricks: 
  When creating a template account in SAP FS-CD Collections/Disbursements, it is important to make sure that all of the customer’s payment terms are entered correctly. This will ensure that invoices and other documents related to the customer’s payments are generated accurately. 
  
  Related Information: 
  For more information on how to use template accounts in SAP FS-CD Collections/Disbursements, please refer to the SAP Help documentation.