What is address type in SAP (AP-MD-BP - SAP Business Partner)?

SAP Term: address type

• Component: AP-MD-BP

• Component Name: SAP Business Partner

• Description: The address type distinguishes between different business partner addresses according to how the address is used in communication with the business partner. &EXAMPLE& You create an address for written correspondence for your business partner, and a delivery address that differs from the correspondence address.

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• Key Concepts: 
  Address type is a component of the SAP Business Partner (BP) module. It is used to define the type of address that is associated with a BP. For example, an address type could be “Home”, “Work”, or “Billing”. Each address type has its own set of attributes that are used to store information about the address. 
  
  How to use it: 
  In order to use address types, you must first create them in the BP module. This can be done by navigating to the “Address Types” tab in the BP module and clicking “Create”. You will then be prompted to enter a name and description for the address type. Once you have created the address type, you can assign it to a BP by navigating to the “Addresses” tab in the BP module and selecting the appropriate address type from the drop-down menu. 
  
  Tips & Tricks: 
  When creating an address type, it is important to make sure that you provide a clear and descriptive name and description so that it is easy for users to identify which address type they should select when assigning an address to a BP. 
  
  Related Information: 
  For more information on how to use address types in SAP Business Partner, please refer to SAP Help documentation at https://help.sap.com/viewer/product/SAP_BUSINESS_PARTNER/100/en-US