What is differentiation in SAP FS-BP - Business Partner?

SAP Term: differentiation

• Component: FS-BP

• Component Name: Business Partner

• Description: A function that can be used together with differentiation criteria to differentiate selected elements of the business partner according to different perspectives. &EXAMPLE& One branch of a bank enters a different rating for a business partner to another branch of the bank, using the same rating procedure.

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• Key Concepts: 
  Differentiation in the FS-BP Business Partner component of SAP is the process of distinguishing between different types of business partners. This allows for more accurate and efficient data management, as well as better customer service. Differentiation can be based on criteria such as customer type, industry, or geography. 
  
  How to use it: 
  Differentiation in the FS-BP Business Partner component of SAP is done by creating different categories for business partners. These categories can be based on criteria such as customer type, industry, or geography. Once these categories are created, business partners can be assigned to them. This allows for more accurate and efficient data management, as well as better customer service. 
  
  Tips & Tricks: 
  When creating categories for differentiation in the FS-BP Business Partner component of SAP, it is important to consider the criteria that will be used to differentiate between business partners. This will ensure that the categories are meaningful and useful for data management and customer service. 
  
  Related Information: 
  For more information on differentiation in the FS-BP Business Partner component of SAP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature effectively.