Business Agreement 

Definition

Groups together the attributes required to manage business transactions in invoicing and open item accounting.

They are required if you have connected to an ERP system and have activated FI-CA (contract accounts receivable and payable) as the open item accounting component.

Use

The business agreement data is used to define processes based on the business partner, and select the personal data of a business partner, such as address, bank details, and payment card. This enables you to control the processing of payments, bill creation, and correspondence.

You can create several business agreements for a business partner. These agreements are displayed in an overview. You can maintain one or more business partners and save all the changes simultaneously. You choose a business partner for processing by selecting one from the overview, or entering the business partner number.

Integration

If you distribute business partner master data from CRM to the ERP system, the ERP system creates or changes contract accounts for the corresponding business agreements.

You must assign business transactions to business agreements. When you do this, the system copies several fields from the business agreement to the business transaction. If this data is subsequently changed then you must change the business transactions manually.