Show TOC

Object documentationBusiness Partner Master Data Accounting Tab, General Locate this document in the navigation structure

 

Use this subtab to set accounting properties for business partners.

To access the tab, choose   Business Partners   Business Partner Master Data   Accounting   General  .

General Tab Fields
Consolidating BP

There may be cases where you will need/want to consolidate the business activities carried out with several business partners to specific business partner.

Example Example

You have a customer who is chain store. Each branch is a separate business partner with whom you do business (receive orders, issue deliveries, etc.) but the payments for the goods you deliver to the different branches are received from the main office of the chain store. In this scenario, the consolidating business partner is the business partner master data record that represents the main office, and the consolidation method will be Payment Consolidation. As a result, the A/R invoices you issue for the different branches, will be assigned to the main office business partner to pay.

End of the example.

Specify here the business partner to consolidate the transactions of this business partner.

Payment Consolidation

Select to display invoices of business partners that are linked to the same consolidating business partner in the Incoming or Outgoing Payments window.

When the head office pays for all invoices sent for its branches. In a specific payment document, you can select the branch business partner directly.

Delivery Consolidation

Select to display deliveries of business partners that are linked to the same consolidating business partner in the Invoice window.

When the head office is invoiced for all deliveries shipped to its branches. In a specific Invoice document, you can select the branch business partner directly.

Control Account

Opens the Control Accounts window where you set default control accounts for Assets, Open Debts, and in Europe also Down Payments.

Accounts Receivable/Accounts Payable

Accounts Receivable - The control account to be recorded in all journal entries posted for a customer.

Accounts Payable - The control account to be recorded in all journal entries posted for a vendor.

The default control accounts are defined in the G/L Account Determination window.

Planning Group

If required, specify the planning group for use in the B1iSN integration scenario Liquidity Forecasting. The planning group is used to process the liquidity forecasting report in SAP ERP.

Block Dunning Letters

Blocks the issuing of dunning letters for the customer.

Relevant for customers only.

Dunning Level

The highest dunning level for the customer.

If the customer is related to an invoice for which level 2 and level 3 dunning letters were sent, the value 3 is displayed.

Relevant for customers only.

Dunning Date

The last date when a dunning letter was issued.

Relevant for customers only.

Country-Specific Fields: USA
1099 Form

Specify a default 1099 Form to be recorded in all documents related to the vendor.

Relevant for vendors only.

1099 Box

Specify a default 1099 Box to be recorded in all documents related to the vendor.

Relevant for vendors only.

Country-Specific Field: Canada and USA
Payments Advances

Specify an account to be used when down payment invoice is posted for the business partner. If this field remains empty, the down payment invoice will be posted to the account defined in   Administration   Setup   Financials   G/L Account Determination   Sales tab (for Customers) or Purchasing tab (for Vendors)  .

Country-Specific Fields: Belgium, Brazil, Chile, China, France, Italy, Japan, Korea, Portugal, and Spain
Bill of Exchange Discounted

Specify a G/L account for bill of exchange discounted.

Bill of Exchange on Collection

Specify a G/L account for bill of exchange collection.

Unpaid Bill of Exchange

Specify a G/L account for unpaid bill of exchange.

Bill of Exchange Presentation

Relevant for customers and leads only.

Country-Specific Field: Czech Republic, Hungary, Poland, Russia, and Slovakia
Connected BP

Specify the related business partner. SAP Business One uses the data to prepare confirmation letters. For more information, see Customer Receivables Aging.

You can specify a vendor only if the current business partner is a customer and vice versa. Only one vendor can be linked to a customer and only one customer can be linked to a vendor.

If the related business partner is specified for a given partner, SAP Business One automatically creates an opposite connection. However, if the partner used for a connection is already assigned to another partner, an error message appears.

Country-Specific Field: India
Vendor Type

Optional field that appears only when the BP is vendor.

  • Possible to change the description, but not delete the default vendor type once it has been used in transactions

  • To add a vendor type, choose Define New, and specify the requested information in the Define Vendor Type window.