HR creditor

Definition

The HR creditor plays an essential role in remittances to third parties. It represents the link between HR and FI, and is assigned the FI vendor to which the accumulated amounts of the HR creditor should be posted.

The HR creditor type allows you to place HR creditors into technically coherent groups.

Unlike the FI vendor, the HR creditor is only linked with information on control of remittances and editing of lists within HR.