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

SAP Term: multidigit account number

• Component: FS-LOC-RU

• Component Name: Localization of Banking in Russia

• Description: An account number that comprises 20 to 25 digits to meet legal requirements in Russia. The account number comprises several parts, arranged as follows: . The sum of these parts describes the purpose for which the account number is used.

Smart SAP Assistant

• Key Concepts: 
  A multidigit account number is a type of account number used in the FS-LOC-RU Localization of Banking in Russia component of SAP software. This type of account number is composed of up to 20 digits, and is used to identify a customer’s bank account. 
  
  How to use it: 
  In order to use a multidigit account number, the customer must first enter their bank details into the SAP system. This includes the customer’s name, address, and the multidigit account number. Once this information is entered, the customer can then use the multidigit account number to make payments or transfer funds. 
  
  Tips & Tricks: 
  When entering a multidigit account number into the SAP system, it is important to double-check that all digits are correct. If any digits are incorrect, the payment or transfer may not be successful. Additionally, it is important to ensure that all other bank details are correct as well. 
  
  Related Information: 
  The FS-LOC-RU Localization of Banking in Russia component of SAP software also includes other features such as payment processing and bank reconciliation. Additionally, customers can use this component to view their bank statements and manage their accounts.