1. SAP Glossary
  2. Localization of Banking in Russia
  3. active account


What is active account in SAP FS-LOC-RU - Localization of Banking in Russia?


SAP Term: active account

  • Component: FS-LOC-RU

  • Component Name: Localization of Banking in Russia

  • Description: A synthetic account or multidigit account for which only a debit balance is possible at the end of the day. An example of an active account is a loan account.


Smart SAP Assistant

  • Key Concepts: 
    An active account is a type of bank account in the FS-LOC-RU Localization of Banking in Russia component of SAP. It is a bank account that is currently in use and can be used to make payments, receive payments, and transfer funds. 
    
    How to Use It: 
    In order to use an active account, you must first create the account in the FS-LOC-RU Localization of Banking in Russia component of SAP. Once the account is created, you can then use it to make payments, receive payments, and transfer funds. 
    
    Tips & Tricks: 
    When creating an active account in the FS-LOC-RU Localization of Banking in Russia component of SAP, it is important to ensure that all the necessary information is entered correctly. This includes the bank name, account number, and other relevant details. 
    
    Related Information: 
    For more information on active accounts in the FS-LOC-RU Localization of Banking in Russia component of SAP, please refer to the official SAP documentation.
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