What is rating in SAP (FS-BP - Business Partner)?

SAP Term: rating

• Component: FS-BP

• Component Name: Business Partner

• Description: The result of an internal or external rating procedure. The rating enables you to assess business partners for various business processes in terms of their credit standing, payment history, or other criteria. A rating is given only for a specific period of time, and requires the permission of the business partner. &EXAMPLE& You give your business partner the rating "Baa1" good credit standing for the period January 1, 2003 to January 1, 2005 using the "Moody's" rating procedure.

Smart SAP Assistant

• Key Concepts: 
  Rating is a feature of the FS-BP Business Partner component in SAP. It is used to assign a numerical value to a business partner, which can be used to measure the partner's performance or trustworthiness. Ratings can be assigned manually or automatically, and can be used to determine eligibility for certain services or discounts. 
  
  How to use it: 
  To use the rating feature in FS-BP Business Partner, first create a rating scale. This scale should include the numerical values that will be assigned to each business partner. Then, assign ratings to each business partner based on their performance or trustworthiness. Ratings can be assigned manually or automatically, depending on the criteria set by the user. 
  
  Tips & Tricks: 
  When creating a rating scale, make sure that the numerical values are clearly defined and easy to understand. This will help ensure that ratings are assigned accurately and consistently. Additionally, consider setting up an automated system for assigning ratings, as this will save time and effort in the long run. 
  
  Related Information: 
  For more information about rating in FS-BP Business Partner, please refer to the SAP Help Portal or contact your local SAP representative.