What is business-partner CFOP category in SAP CRM-LOC - Localization?

SAP Term: business-partner CFOP category

• Component: CRM-LOC

• Component Name: Localization

• Description: A classification of companies according to what field of business they are in for example, industry, communications, or agriculture, as followed in CFOP code lists. The lists contain different CFOP codes for business transactions with different types of companies. For example, the CFOP code list effective in most states as of January 1, 2003 includes the following CFOP codes: CFOP Code,,Description 6.252,,,,Sales of electricity to industrial companies 6.255,,,,Sales of electricity to communications companies 6.256,,,,Sales of electricity to agricultural companies

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• Key Concepts: 
  Business-partner CFOP category is a component of the SAP CRM-LOC Localization module. It is used to define the different types of business partners that can be created in the system. This includes customers, vendors, and other types of business partners. The CFOP category also defines the different fields that are available for each type of business partner. 
  
  How to use it: 
  The business-partner CFOP category is used to define the different types of business partners that can be created in the system. This includes customers, vendors, and other types of business partners. The CFOP category also defines the different fields that are available for each type of business partner. To create a new business partner, you must first select the appropriate CFOP category from the drop-down list. Once you have selected the appropriate CFOP category, you can then enter the required information for the new business partner. 
  
  Tips & Tricks: 
  When creating a new business partner, it is important to select the correct CFOP category in order to ensure that all of the necessary fields are available for that particular type of business partner. Additionally, it is important to make sure that all of the required information is entered correctly in order to ensure that the new business partner is created successfully. 
  
  Related Information: 
  For more information about how to use the business-partner CFOP category in SAP CRM-LOC Localization, please refer to SAP’s official documentation on this topic. Additionally, there are many online resources available that provide detailed instructions on how to use this component of SAP CRM-LOC Localization.