What is 'initial version' in SAP FS-BP - Business Partner?

initial version - Overview

• Component: FS-BP

• Component Name: Business Partner

• Description: An instance in the versioning class BPTIME_VERSION that is created without all the data for this version being known. The data is either set automatically, or supplemented later during the versioning process. The initial version is created when you edit the business partner on the "Maintain " screen.

initial version - Details

• 
  Key Concepts: 
  Initial version is a term used in the FS-BP Business Partner component of SAP. It refers to the first version of a business partner that is created in the system. This version is used as the basis for all subsequent versions of the business partner. 
  
  How to use it: 
  The initial version of a business partner is created when a new business partner is added to the system. This version contains all the basic information about the business partner, such as name, address, contact information, and other relevant data. All subsequent versions of the business partner will be based on this initial version. 
  
  Tips & Tricks: 
  When creating a new business partner in SAP, it is important to ensure that all the necessary information is included in the initial version. This will ensure that all subsequent versions are based on accurate and up-to-date information. 
  
  Related Information: 
  For more information about creating and managing business partners in SAP, please refer to the SAP Help documentation.