What is internal bank operation code in SAP SBO - SAP Business One?

SAP Term: internal bank operation code

• Component: SBO

• Component Name: SAP Business One

• Description: A unique identifier of up to 15 characters used in the application to determine the type of each transaction row in the bank statement.

Smart SAP Assistant

• Key Concepts: 
  Internal Bank Operation Code (IBOC) is a feature in SAP Business One (SBO) that allows users to assign a unique code to each bank transaction. This code is used to identify the type of transaction and can be used for reporting and analysis purposes. 
  
  How to use it: 
  To use the Internal Bank Operation Code, users must first create a list of codes in the system. This list can be accessed from the “Bank” tab in the SBO main menu. Once the list is created, users can assign a code to each bank transaction when entering it into the system. 
  
  Tips & Tricks: 
  It is important to ensure that all codes are entered correctly and consistently, as this will make it easier to track and analyze bank transactions. Additionally, it is recommended that users create a standard set of codes that can be used across all transactions. 
  
  Related Information: 
  The Internal Bank Operation Code feature is part of the SBO Financials module. For more information on this module, please refer to the SAP Business One Help Center.