Business Partner Master Data 
Business Partner Master Data
Purpose
Business partners are legal or natural persons with whom you have a business relationship. You enter data on business partners in master records. Master records contain all data, known as master data, necessary for processing business transactions.
Additional Information
You can find general information about business partners and business partner master data in the section
LO Business Partner Master Data. In this Retail section, you can find additional information about business partners who are vendors and customers, and information about the use of business partner master data in SAP Retail.