What is standard address in SAP AP-MD-BP - SAP Business Partner?

SAP Term: standard address

• Component: AP-MD-BP

• Component Name: SAP Business Partner

• Description: Transaction-independent business partner address If no specific address is entered in the address determination the system retrieves the standard address.

Smart SAP Assistant

• Key Concepts: 
  Standard address is a component of the SAP Business Partner (BP) module. It is used to store and manage address information for customers, vendors, and other business partners. This information includes the name, address, city, state, zip code, and country of the partner. It also stores contact information such as phone numbers and email addresses. 
  
  How to use it: 
  Standard address can be used to store and manage address information for customers, vendors, and other business partners. This information can be accessed through the BP module in SAP. The address information can be used to create invoices, orders, and other documents related to the business partner. 
  
  Tips & Tricks: 
  When entering address information into the standard address component of the BP module, it is important to ensure that all fields are filled out correctly. This will help ensure that documents related to the business partner are accurate and up-to-date. 
  
  Related Information: 
  The standard address component of the BP module is closely related to other components such as customer master data and vendor master data. These components are used to store additional information about customers and vendors such as payment terms, credit limits, and contact information.