What is reference contract number in SAP FS-LOC-RU - Localization of Banking in Russia?

SAP Term: reference contract number

• Component: FS-LOC-RU

• Component Name: Localization of Banking in Russia

• Description: A multidigit account number that is assigned to a bank customer's account when he or she opens an account. The reference contract number is used in addition to the standard number that the system assigns to a customer contract. The reference contract number is a multidigit account number that is generated according to country-specific rules. The reference contract number enables the system to create a link between the bank customer's account and other accounts, for example, internal accounts that the bank uses for the customer.

Smart SAP Assistant

• Key Concepts: 
  A reference contract number is a unique identifier assigned to a contract in the FS-LOC-RU Localization of Banking in Russia component of SAP. It is used to track and manage the contract throughout its lifecycle. 
  
  How to use it: 
  The reference contract number is used to identify the contract and all related documents. It is used to track the progress of the contract, as well as any changes or updates that may be made. It can also be used to access the contract details and view any associated documents. 
  
  Tips & Tricks: 
  When creating a new contract, make sure to assign a unique reference contract number. This will help ensure that the contract can be easily tracked and managed throughout its lifecycle. 
  
  Related Information: 
  For more information on the FS-LOC-RU Localization of Banking in Russia component of SAP, please refer to the official SAP documentation.