What is relationship version in SAP FS-BP - Business Partner?

SAP Term: relationship version

• Component: FS-BP

• Component Name: Business Partner

• Description: The version of a business partner relationship. Versions of SAP relationships are created as independent objects.

Smart SAP Assistant

• Key Concepts: 
  Relationship version is a feature of the FS-BP Business Partner component in SAP. It allows users to define different versions of relationships between business partners, such as customer-vendor, employee-employer, and so on. This feature helps users to keep track of changes in the relationships between business partners over time. 
  
  How to use it: 
  To use the relationship version feature, users must first create a relationship type in the FS-BP Business Partner component. This can be done by going to the “Relationship Type” tab and selecting “Create”. Once the relationship type is created, users can then create different versions of the relationship by going to the “Relationship Version” tab and selecting “Create”. 
  
  Tips & Tricks: 
  When creating a relationship version, it is important to make sure that all relevant information is included. This includes the start and end dates of the relationship, as well as any other relevant details such as contact information or payment terms. 
  
  Related Information: 
  For more information on how to use the relationship version feature in SAP, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/FS-BP/latest/en-US/f9f8d7a2b3e14c8a9f3d7c6b2f5e4d1a.html