What is partner in SAP SRD-MD-BP - FDN-Business Partner?

SAP Term: partner

• Component: SRD-MD-BP

• Component Name: FDN-Business Partner

• Description: A company with whom your company has a mutually beneficial contractual agreement.

Smart SAP Assistant

• Key Concepts: 
  A partner in SAP is a business entity that interacts with the company in some way. This could be a customer, vendor, or any other type of business relationship. Partners are stored in the Business Partner (BP) component of the SAP system and can be used to track and manage interactions with them. 
  
  How to use it: 
  The Business Partner component of SAP allows users to create, view, and edit partners. This includes entering information such as contact details, payment terms, and other relevant data. Partners can also be linked to other components such as Sales and Distribution (SD) or Materials Management (MM). This allows users to quickly access partner information when needed. 
  
  Tips & Tricks: 
  When creating a new partner in SAP, it is important to ensure that all relevant information is entered correctly. This will help ensure that the partner can be easily identified and tracked in the system. Additionally, it is important to keep the partner information up-to-date as changes may occur over time. 
  
  Related Information: 
  The Business Partner component of SAP is closely related to other components such as Sales and Distribution (SD) and Materials Management (MM). These components allow users to track orders, deliveries, invoices, and other transactions with partners. Additionally, the BP component can be used to generate reports on partner activity.