What is partner company in SAP SRD-FIN-GL - FIN-General Ledger?

SAP Term: partner company

• Component: SRD-FIN-GL

• Component Name: FIN-General Ledger

• Description: Entity holding less than a majority of the voting common stock of another related company, or in which both companies are subsidiaries of a third company. Interrelationships exist between the activities of the entities.

Smart SAP Assistant

• Key Concepts: 
  A partner company in SAP is a company that is related to the main company in some way. This could be a parent company, a subsidiary, or a joint venture. The partner company is used to track financial transactions between the two companies. 
  
  How to use it: 
  In the SRD-FIN-GL FIN-General Ledger Accounting component, partner companies are used to track financial transactions between the two companies. This includes transactions such as payments, receivables, and liabilities. The partner company can also be used to track intercompany transactions such as transfers of goods and services. 
  
  Tips & Tricks: 
  When setting up a partner company in SAP, it is important to ensure that all of the necessary information is entered correctly. This includes the name of the partner company, its address, and any other relevant information. Additionally, it is important to ensure that all of the financial transactions between the two companies are accurately recorded in SAP. 
  
  Related Information: 
  For more information on setting up and using partner companies in SAP, please refer to the official SAP documentation on Partner Companies. Additionally, there are many online resources available that provide step-by-step instructions on how to set up and use partner companies in SAP.