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

SAP Term: temporary account holder

• Component: FS-LOC-RU

• Component Name: Localization of Banking in Russia

• Description: The person who is authorized in a power of attorney to open an account on behalf of the actual account holder.

Smart SAP Assistant

• Key Concepts: 
  A temporary account holder is a type of account holder in the FS-LOC-RU Localization of Banking in Russia component of SAP. This type of account holder is used to temporarily store funds for a specific purpose, such as a loan or payment. The funds are then transferred to the intended recipient when the purpose is fulfilled. 
  
  How to use it: 
  To use a temporary account holder, you must first create an account in the FS-LOC-RU Localization of Banking in Russia component of SAP. Once the account is created, you can assign it as a temporary account holder and specify the purpose for which the funds will be used. You can then transfer funds to the temporary account holder and they will remain there until the purpose is fulfilled. 
  
  Tips & Tricks: 
  When creating a temporary account holder, make sure to specify a clear purpose for which the funds will be used. This will help ensure that the funds are transferred to the intended recipient when the purpose is fulfilled. Additionally, make sure to keep track of all transactions involving the temporary account holder so that you can easily reconcile them when needed. 
  
  Related Information: 
  For more information about using temporary account holders in SAP, please refer to the official SAP documentation on FS-LOC-RU Localization of Banking in Russia. Additionally, you can contact your SAP support team for further assistance with setting up and managing your temporary accounts.