What is debtor in SAP AP - Application Platform?

SAP Term: debtor

• Component: AP

• Component Name: Application Platform

• Description: A party that is required to provide a service as a result of an obligation.

Smart SAP Assistant

• Key Concepts: 
  A debtor is an entity that owes money to another entity. In the SAP Application Platform, a debtor is a customer or vendor who has an open account balance with the company. The debtor's account balance is tracked in the Accounts Receivable (AR) module. 
  
  How to use it: 
  In the SAP Application Platform, debtors are managed in the Accounts Receivable (AR) module. The AR module allows users to view and manage customer accounts, including creating new accounts, viewing account balances, and making payments. The AR module also allows users to generate reports on customer accounts and track customer payments. 
  
  Tips & Tricks: 
  When creating a new debtor in the SAP Application Platform, it is important to ensure that all of the required information is entered correctly. This includes the debtor's name, address, contact information, and payment terms. It is also important to ensure that all of the debtor's invoices are entered into the system accurately. 
  
  Related Information: 
  The Accounts Receivable (AR) module in the SAP Application Platform is closely related to the Accounts Payable (AP) module. The AP module allows users to manage vendor accounts and track payments made to vendors. Both modules are used to manage customer and vendor accounts and ensure accurate financial reporting.