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S4 Hana Business Partner (Supplier-Vendor)

Business Partner (Supplier-Vendor)

About Business Partner 

 In SAP S/4HANA, a Business Partner in Materials Management (MM) is a vendor or supplier who supplies goods and services to the organization. A business partner can also be a customer who purchases goods or services from the organization. By creating a business partner in the system, you can manage vendor and customer information in one place. You can use the business partner as a reference in all MM transactions, including purchase orders, goods receipts, and invoices. This allows you to have a complete view of all transactions with a vendor or customer in one place, making it easier to track and manage all interactions. In addition, using business partners can improve data accuracy and reduce duplication of efforts. You can store all relevant information about a vendor or customer, including contact information, bank details, and payment terms, in a single location, reducing the need for manual data entry and increasing efficiency in your MM process.

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