What is business partner role in SAP AP-MD-BP - SAP Business Partner?

SAP Term: business partner role

• Component: AP-MD-BP

• Component Name: SAP Business Partner

• Description: Rights and responsibilities that a business partner can have in various business transactions. The assignment of a BP view determines the relevant data sets, so that only a particular part of the BP master data is displayed, depending on the business transaction in question.

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• Key Concepts: 
  The SAP Business Partner Role (AP-MD-BP) is a component of the SAP ERP system that allows businesses to manage their relationships with customers, vendors, and other external parties. It provides a single source of information about each business partner, including contact information, financial data, and other relevant details. The component also enables businesses to track and manage interactions with their business partners, such as sales orders, invoices, and payments. 
  
  How to Use it: 
  The SAP Business Partner Role can be used to create and maintain business partner records in the SAP system. This includes entering contact information, financial data, and other relevant details about each business partner. The component also allows businesses to track and manage interactions with their business partners, such as sales orders, invoices, and payments. 
  
  Tips & Tricks: 
  When creating a new business partner record in the SAP system, it is important to ensure that all relevant information is entered accurately. This includes contact information, financial data, and any other details that may be relevant to the relationship. Additionally, it is important to keep the records up-to-date in order to ensure that all interactions with the business partner are tracked accurately. 
  
  Related Information: 
  The SAP Business Partner Role is closely related to other components of the SAP ERP system such as the Sales & Distribution (SD) module and the Materials Management (MM) module. Additionally, it is important to note that the SAP Business Partner Role is not limited to external parties; it can also be used to manage relationships with internal departments or teams within an organization.