What is time dependency in SAP FS-BP - Business Partner?

SAP Term: time dependency

• Component: FS-BP

• Component Name: Business Partner

• Description: The database tables store the data for a business partner that is valid at the present moment in time. Changes are recorded using change documents. The following distinctions are made: The business partner data is not time-dependent Time restrictions apply to the validity of the business partner data time stamp in the data part of a table The business partner data is time-dependent time stamp in the key of a table Time dependency is not the same as business partner versioning.

Smart SAP Assistant

• Key Concepts: 
  Time dependency is a feature of the FS-BP Business Partner component in SAP. It allows users to define the validity of certain data elements, such as customer addresses, in a given period of time. This ensures that the data is always up-to-date and accurate. 
  
  How to use it: 
  Time dependency can be used to define the validity of customer addresses in SAP. To do this, users must first create a validity period for the address. This can be done by entering a start date and an end date for the address. Once this is done, the address will only be valid within that period. 
  
  Tips & Tricks: 
  When creating a validity period for an address, it is important to make sure that the start date is before the end date. This will ensure that the address is valid within the specified period. Additionally, it is important to remember that any changes made to an address will only take effect after the start date of the validity period. 
  
  Related Information: 
  Time dependency can also be used to define the validity of other data elements in SAP, such as customer contacts and customer groups. Additionally, time dependency can be used to define the validity of certain business processes, such as sales orders and purchase orders.