Business Partners (SAP Library - Loans Management (TR-LO))

Business Partners

Definition

In the loans area, a business partner is any legal or natural person who can be represented in the system in one or several roles.

Use

There are two ways of creating a business partner:

in a role, such as "borrower" or "lender"
independent of a role (centrally)

For more information, see AC - Financials ® TR - Treasury ® Treasury Management (TR-TM) ® Basic Functions ® Business Partner in the R/3 Library.

If a business partner comprises more than one person (for example, married couples or partnerships), you can enter the partner as a person or an organization.