What is 'account hierarchy name' in SAP SRD-MD-BP - FDN-Business Partner?

account hierarchy name - Overview

• Component: SRD-MD-BP

• Component Name: FDN-Business Partner

• Description: The user-defined label identifying an account hierarchy, which may or may not be a unique identifier.

account hierarchy name - Details

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  Key Concepts: 
  An account hierarchy name is a component of the SAP Business Partner (BP) Foundation. It is used to define the structure of an account hierarchy, which is a way of organizing accounts into a hierarchical tree. The account hierarchy name is used to identify the hierarchy and can be used to filter accounts in reports. 
  
  How to use it: 
  The account hierarchy name is used to create an account hierarchy in the SAP system. This can be done by navigating to the BP Foundation component and selecting the “Account Hierarchy” tab. Here, you can enter a name for the hierarchy and then add accounts to it. 
  
  Tips & Tricks: 
  When creating an account hierarchy, it is important to give it a descriptive name that will help you identify it in the future. This will make it easier to find and use when needed. 
  
  Related Information: 
  The account hierarchy name is related to other components of the BP Foundation, such as the Account Group and Account Type. These components are used to further define the structure of an account hierarchy and can be used to filter accounts in reports.