SAP ABAP Data Element FSEPA_INST_CODE_KK (Local Instrument Code)

Hierarchy

☛ FI-CA (Software Component) FI-CA
   ⤷ FI-CA (Application Component) Contract Accounts Receivable and Payable
     ⤷ FKKB (Package) Contract A/R & A/P: Central Objects

Basic Data

Data Element	FSEPA_INST_CODE_KK
Short Description	Local Instrument Code

Data Type

Category of Dictionary Type	D	Domain
Type of Object Referenced		No Information
Domain / Name of Reference Type	FSEPA_INST_CODE_KK
Data Type	CHAR	Character String
Length	4
Decimal Places	0
Output Length	4
Value Table

Further Characteristics

Search Help: Name
Search Help: Parameters
Parameter ID
Default Component name
Change document	☐
No Input History	☐
Basic direction is set to LTR	☐
No BIDI Filtering	☐

Field Label

	Length	Field Label
Short	0
Medium	20	Local Instr. Code
Long	30	Local Instrument Code
Heading	0

Documentation

Definition

In the SEPA format for direct debits, the local instrument code field determines, among other things, how many days before the settlement date you have to submit the payment file to the bank.

Use

Dependencies

The rules of the European Payment Council for the Local Instrument Code field state: "Only CORE (SEPA core direct debit), COR1 (SEPA core direct debit with D-1 agreement) and B2B (SEPA business-to-business direct debit) is allowed."

As a rule, the payment file must be submitted to the bank by the following number of days before the settlement date:

• 5 days for a first-time debit with CORE
• 2 days for a follow-on debit with CORE
• 1 day for a debit with COR1 or B2B

Example

History

Last changed by/on	SAP	20131127
SAP Release Created in