Business Partner

Definition: An organization (company, subsidiary), person or group of people or organizations in which your company has a
business interest.

Supplier
Customer
 Employee
 Organization  Plant
 Group  Tenant
 Person  Loan Recipient
 Patient
 ….
Business Partner
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Definition: Is a business partner from whom goods or services are procured and are paid for their business.
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Business Partner (Supplier) Role

Definition: Rights and obligations for which a business partner can assume responsibility in various business transactions.

Business Partner - Supplier – Financial

Supplier – Purchasing
General Accounting
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Business Partner (Supplier) Functions

Definition Business partners have a number of different functions, described as partner functions.
• Partner functions is to define the rights and responsibilities of each business partner in a business transaction.
• You assign partner functions when you create a master record for a business partner.
 Business Partner – Supplier – Structure
• The customer master contains information
about the business relationships between a
company and its customers.
General data • It includes the three components:
• General data (client)
Client • General relevant data, such as
name, address, language,…
• Company code data (company code)
• Company-specific agreements, such
Company code data Purchasing organization data as account management, payment
terms…
Company code 1000
Purchasing • Purchasing Organization (Purchasing
organization level)
• Purchase organization data, such as
Incoterms, Pay Terms, Partner
Finance Purchasing functions, Shipping...

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Business Partner – Supplier (General) Structure

Business Partner -
General

Name

Address

Communication

Bank Details
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Business Partner – Supplier (Financial Accounting) Structure

Supplier – Financial Accounting

Account Management

Payment Terms

Payment Method

Alternative Payee

1099 Data
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Business Partner – Supplier (Purchasing) Structure

Supplier – Purchasing

Order Currency

Payment Terms

Incoterms

Vendor Texts

Partner Functions
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Business Partner – Supplier

Name: ABC Company Ltd

Address: 39 Adam St, CHICAGO, 60694-9800
Email: adc@gmail.com
General Data
Phone: 630-999-9999
Bank: Routing: 0710000288, Acc no: 1854234

Payment Terms: Net 30 days Financial Data

Payment: By ACH

Order currency: USD

Payment Terms: Net 30 days Purchasing Data
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Business Partner – Supplier

• Unique number assignment

• Business partner needs to be extended to roles to perform transactions
• A business partner can be extended to other entities without creating another set of master data
• A business partner – Supplier can also be extended to role Customer
• One time business partner – Supplier
• Reporting attributes