What is second account holder in SAP FS-LOC-BR - Localization of Banking in Brazil?

SAP Term: second account holder

• Component: FS-LOC-BR

• Component Name: Localization of Banking in Brazil

• Description: A second party which legally holds a bank account. This party is not the main account holder and may not be able to perform certain actions regarding the bank account.

Smart SAP Assistant

• Key Concepts: 
  Second account holder is a feature of the FS-LOC-BR Localization of Banking in Brazil component of SAP. It allows for two account holders to be associated with a single bank account. This feature is useful for businesses that need to have multiple people responsible for managing a single bank account. 
  
  How to use it: 
  To use the second account holder feature, you must first create a bank account in SAP. Once the bank account is created, you can assign two different users as the account holders. This will allow both users to access and manage the bank account. 
  
  Tips & Tricks: 
  When assigning two users as the second account holders, make sure that both users have the necessary permissions to access and manage the bank account. Additionally, it is important to ensure that both users are aware of their responsibilities when it comes to managing the bank account. 
  
  Related Information: 
  For more information on the FS-LOC-BR Localization of Banking in Brazil component of SAP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to use this feature.