1. SAP Glossary
  2. Bank Accounting
  3. special purpose code



What is special purpose code in SAP (FI-BL - Bank Accounting)?



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SAP Term: special purpose code

  • Component: FI-BL

  • Component Name: Bank Accounting

  • Description: In Russia, a two-character code printed on cash vouchers, payment orders, and other cash documents. The government can pay funds to an organization for a particular purpose, for example, for child allowance. Each of these special purposes has its own code. When the organization pays out some of these funds, it enters the special purpose code on the cash voucher or appropriate document.


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AI-powered explanations - the intelligent way to understand SAP terms.
  • Key Concepts: 
    Special purpose codes are used in the FI-BL Bank Accounting component of SAP to identify the purpose of a payment. They are used to classify payments into different categories, such as salary payments, vendor payments, or tax payments. This helps to ensure that payments are properly accounted for and tracked. 
    
    How to use it: 
    When making a payment in the FI-BL Bank Accounting component of SAP, you will be asked to select a special purpose code. This code will be used to classify the payment and ensure that it is properly accounted for. You can find a list of available special purpose codes in the SAP system. 
    
    Tips & Tricks: 
    When selecting a special purpose code, make sure that you select the one that best describes the purpose of the payment. This will help ensure that your payment is properly accounted for and tracked. 
    
    Related Information: 
    For more information on special purpose codes in SAP, please refer to the official SAP documentation.
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