Business Partner (BP) is a key concept in SAP S/4HANA that simplifies the master data management for customers and suppliers. BP allows you to create a single entity that represents both a customer and a supplier, and to assign multiple roles and relationships to it. BP also enables you to store general data that is shared by all roles, and specific data that is relevant for each role. BP offers many advantages over the classical transactions for customer and supplier master data, such as:
- Data harmonization and consolidation
- Data reuse and integrity
- Multiple addresses and account groups
- Time dependency and history
In this document, following topics are covered:
- Business Partner approach in SAP S/4HANA
- Advantages of BP over classical transactions
- BP Key Concepts and Configuration
- Demo End User Guide – Business Partner Creation
- BP – Relationships and Credit Hierarchy Set-up
- Business Scenarios and Configuration for Credit Hierarchy
- Demo End User Guide – Credit Hierarchy
Download PDF – SAP Business Partner: Key Concepts, Configuration and End User Guide