What is reference business partner in SAP CRM-MD-BP - Business Partners?

SAP Term: reference business partner

• Component: CRM-MD-BP

• Component Name: Business Partners

• Description: whose data can serve as a template for creating consumer master data. The system uses the values from the reference business partner as reference data in the consumer-specific sets.

Smart SAP Assistant

• Key Concepts: 
  A reference business partner is a type of business partner in SAP CRM-MD-BP Business Partners. It is used to store information about a customer or vendor that is shared across multiple business partners. This allows for the same information to be used in multiple places without having to enter it multiple times. 
  
  How to use it: 
  Reference business partners are created in the SAP CRM-MD-BP Business Partners component. Once created, they can be linked to other business partners as needed. This allows for the same information to be used in multiple places without having to enter it multiple times. 
  
  Tips & Tricks: 
  When creating a reference business partner, make sure to enter all relevant information such as contact details, address, and payment terms. This will ensure that the same information is used across all linked business partners. 
  
  Related Information: 
  Reference business partners are similar to master data records in other SAP components such as Materials Management and Sales & Distribution. They are used to store information that is shared across multiple records and can be linked to other records as needed.