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Object documentationBusiness Partner Master Data Accounting Tab, General

 

Use this subtab to set accounting properties for business partners.

To access the tab, choose Start of the navigation path Business Partners Next navigation step Business Partner Master Data Next navigation step Accounting Next navigation step General End of the navigation path.

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 certain localizations 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.
Use Shipped Goods Account

Available for customers only. Select this checkbox to post the delivery of the inventory to the shipped goods account instead of the COGS account, when the delivery of inventory and the issue of the invoice occur in different posting periods.

Once you have selected the Use Shipped Goods Account for Customer checkbox on the Business Partner tab of the General Settings window, the current checkbox will be selected by default for newly added customers.

Note Note

This checkbox is available for perpetual inventory companies only.

End of the note.

More Information

Business Partner Master Data Window

Business Partner Master Data: Accounting Tab, Tax