What is 'co-debtor' in SAP FI-CA - Contract Accounts Receivable and Payable?

co-debtor - Overview

• Component: FI-CA

• Component Name: Contract Accounts Receivable and Payable

• Description: for a total receivable or part of this receivable.

co-debtor - Details

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  Key Concepts: 
  A co-debtor is a person or entity that is jointly responsible for a debt with another person or entity. In the SAP FI-CA Contract Accounts Receivable and Payable component, a co-debtor is an additional party to a contract that is responsible for the payment of the contract. The co-debtor can be an individual, a company, or another legal entity.
  
  How to use it: 
  In SAP FI-CA Contract Accounts Receivable and Payable, a co-debtor can be added to a contract by entering the co-debtor's name and address in the contract master data. The co-debtor will then be responsible for the payment of the contract along with the primary debtor.
  
  Tips & Tricks: 
  When adding a co-debtor to a contract, make sure to enter all relevant information such as name and address. This will ensure that the co-debtor is properly identified and can be contacted if necessary.
  
  Related Information: 
  For more information on SAP FI-CA Contract Accounts Receivable and Payable, please refer to the SAP Help Portal.