term code repetitive help what is
Meaning of repetitive code. What is it: remains unchanged. This includes the sender bank, sender.

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Definition repetitive code

REPETITIVE CODE title: repetitive code (FI-BL) (SAP Library - Glossary)
REPETITIVE CODE category: Bank Accounting (FI-BL)
REPETITIVE CODE explained:

A key that designates the payment transfer data that remains unchanged.

This includes the sender bank, sender account, recipient bank, recipient account, payment method, and currency. It is used to reduce the administrative work required for frequently recurring payments with the same payment details. The only details that are different for each payment are the amount and the note to payee. In addition, in the USA, a company can agree a repetitive code with its house bank. The bank then only needs the repetitive code, the amount, and (if required) the note to payee in order to process a payment order.

More terms such as repetitive code in Dictionary R.

Manual Repayable Advance:
Help a share is to be repaid if the total royalties does not match the advance amount. Example: Advance: 5000 Euros Total royalties: 3000 Euros Amount to be repaid: 2000 Euros The amount to be r repetitive code definition.
Manual Relevancy To Costing:
Help performs the following functions in cost estimates with a quantity structure: Controls whether an operation or a suboperation in a routing is costed Controls whether a BOM item is costed Determines repetitive code explain.
Manual Release Creation Periodicity:
Help between two successive releases against a scheduling agreement. This interval is defined in the creation profile of a scheduling agreement item. You might wish to create forecast delivery schedules repetitive code what is.
Manual Reference Specification:
Help used to copy value assignments to another specification. Several reference specifications can be assigned to one specification. The following rules apply: All value assignment types for the reference repetitive code meaning.
Manual Remuneration Filter:
Help remuneration components of a certain business object category (remuneration type/standard remuneration agreement) are used for a calculation. Example: You wish to use the same set of rules for a repetitive code abbreviation.
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