Business Partner 

Definition

You will find introductory information in the Business partner unit in Basic functions and the Business partner unit in the IMG.

Integration

In the SAP Treasury System, you always process transactions in connection with the business partner with whom transactions are concluded. Transactions are carried out with business partners within Treasury. Typical partners are, for example, banks or a central treasury department.

Create business partner and release:

The functions of the business partner in the transaction are defined via business partner roles. In the Money market module, before contracts can be concluded with a specific partner, the ‘Treasury partner’ role must be assigned to the partner. When you enter a transaction, the SAP R/3 System checks whether the partner exists in the corresponding role.

The assignment takes place in Customizing of the Basic functions via Define role types.

Before entering a transaction and the partner with whom it is being concluded, partner master data must be maintained in the SAP R/3 System. Maintaining business partner master data includes general tasks such as creating, changing and displaying master records, in addition to specific transactions where you define Standing instructions for payments processing, for instance.

Before you create a money market transaction, the corresponding bank can be created in the Partner bank role. In the business partner master record, you must define this partner bank ID.

You can release the business partner with the Release business partner function.

Transaction authorizations:

You must always define Transaction authorizations for a partner for the product and/or transaction type, before you can enter transactions with this partner.