What is time-dependent address usage in SAP FS-BP - Business Partner?

SAP Term: time-dependent address usage

• Component: FS-BP

• Component Name: Business Partner

• Description: The time-dependent assignment of the business partner address to an address type. You can assign addresses to address types with time-dependency using the address usage function in business partner processing.

Smart SAP Assistant

• Key Concepts: 
  Time-dependent address usage is a feature of the FS-BP Business Partner component in SAP. It allows users to store multiple addresses for a business partner and assign them to different time periods. This allows users to keep track of changes in the business partner's address over time. 
  
  How to use it: 
  To use the time-dependent address usage feature, users must first create a business partner in the system. Then, they can add multiple addresses for that business partner and assign them to different time periods. This will allow users to keep track of changes in the business partner's address over time. 
  
  Tips & Tricks: 
  When creating a new address for a business partner, make sure to assign it to the correct time period. This will ensure that the system is able to accurately track changes in the business partner's address over time. 
  
  Related Information: 
  For more information on the FS-BP Business Partner component, please refer to the SAP Help Portal. There you can find detailed instructions on how to use this feature as well as other features of the component.