SAP business partners for financial services 

Definition

People, organizations, or groups of people/organizations in which your enterprise has a business interest.

Use

You use business partner data in a series of business transactions. If you use the same business partner in different business partner roles and centrally store the master data, the only source of information for all system functions, then you have to enter data only once and your systems do not retain any redundant data.

For more information, see Distributing Business Partner Data.

Structure

The business partner concept is based on the following principles:

●     Business partner category:

Depending on the business partner type, you can enter data in certain fields in business transactions.

●     Business partner role:

A business partner can take on different business partner rolessapurl_link_0004_0003_0008 that allow you to have different views of the business partner data, according to the business function.

●     Business partner relationship:

A relationship sapurl_link_0004_0005_0008connects two business partners and is characterized by the business partner relationship categorysapurl_link_0004_0006_0008.

For more information, see Concept.

When you create and maintain business partners, you enter general business partner data, which applies for all business partners in SAP Customer Relationship Management (SAP CRM), and data that is only needed for business partners in the area of financial services: 

●     General business partner data such as address and communication data or marketing attributes, for example.

For more information, see Business Partner Data.

●     Business partner data in the area of financial services, such as:

The information for business partners in the area of financial services is only available to you in the People-Centric UI in SAP CRM. You cannot enter this data in the SAP GUI.

○     Employment data, such as the type, duration, and status of the business partner’s current or past employment relationships

○     Enterprise data such as information on the balance sheet and annual results

○     Financial data, such as the net income

○     Financial reporting data, which is forwarded to the supervisory financial institutions in Germany and Austria

For more information, see Data on the Business Partner for Financial Services.