What is 'account number type value' in SAP FS-LOC-RU - Localization of Banking in Russia?

account number type value - Overview

• Component: FS-LOC-RU

• Component Name: Localization of Banking in Russia

• Description: A value that is used in conjunction with an account generation method in order to generate a multidigit account tail.

account number type value - Details

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  Key Concepts: 
  Account number type value is a component of the FS-LOC-RU Localization of Banking in Russia. It is a unique identifier assigned to each bank account in Russia. This identifier is used to identify the bank account and its associated transactions. 
  
  How to use it: 
  The account number type value is used to identify the bank account and its associated transactions. It is used by banks and other financial institutions to process payments and other transactions. It is also used by the Russian government for taxation purposes. 
  
  Tips & Tricks: 
  When entering an account number type value, make sure that it is accurate and up-to-date. This will ensure that all transactions are processed correctly and that taxes are paid correctly. 
  
  Related Information: 
  The FS-LOC-RU Localization of Banking in Russia is a component of the SAP ERP system. It provides a comprehensive set of features for managing banking operations in Russia, including the ability to manage accounts, process payments, and generate reports.