What is business partner in SAP SBO - SAP Business One?

SAP Term: business partner

• Component: SBO

• Component Name: SAP Business One

• Description: A customer, vendor, or a lead interested party with whom your company has business relations. Business partner information includes contact persons, addresses, payment terms, financial, and logistics information.

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• Key Concepts: 
  A business partner is a term used in SAP Business One (SBO) to refer to any entity that interacts with the business, such as customers, vendors, and employees. It is a generic term that encompasses all of these entities and allows for a unified way of managing them. 
  
  How to use it: 
  In SAP Business One, business partners are managed through the Business Partner Master Data window. This window allows users to create, edit, and delete business partners. It also allows users to assign different roles to each partner, such as customer or vendor. 
  
  Tips & Tricks: 
  When creating a new business partner, it is important to fill out all of the required fields in order for the partner to be saved correctly. Additionally, it is important to assign the correct role to each partner in order for them to be properly managed. 
  
  Related Information: 
  For more information on managing business partners in SAP Business One, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_BUSINESS_ONE/9.3/en-US/f8d7f2b6a7c14e8a9f3d2b5f1e4d7c2a.html