What is the purpose of trading partner in SAP?
In order to perform intercompany transactions in SAP, you must also define a trading partner on every transaction. A trading partner represents the company code that is in transaction with your company code. Intercompany transactions can be done at either a general ledger account or a sub-ledger level.
What is a trading partner?
trading partners. DEFINITIONS1. a country or company that another country or company does business with regularly. Synonyms and related words.
Where is trading partner maintained in SAP?
Trading Partner is maintained in intercompany customer and vendor masters, as well as GL accounts that are used exclusively for intercompany postings.
How do I activate a trading partner in SAP?
You can enable Trading Partner (field VBUND, data element RASSC) in field status groups by adding it to table TCOBF (Coding Block: Assignment of Modif and Field Names from COBL). With this change, you can enable field status groups to influence Trading Partner (suppressed/required / optional).
What is Vbund SAP?
VBUND is a standard field within SAP Table lfa1 that stores Trading Partner information. You could also view this information on your SAP system if you enter the table name LFA1 or data element RASSC into the relevant SAP transaction such as SE11 or SE80.
What is internal trading partner?
OX15 (Define internal trading partner) is a standard SAP parameter transaction code that is used to maintain the contents of V_T880 database table. It does this by executing the table maintenance t-code SM30 in edit mode, assuming you have the appropriate authorisations.
What are the main objectives of trading partners?
The purpose of the trading partner agreement is to lay out the responsibilities of each party and to help prevent disputes on agreed-upon terms.
What is major trading partner?
For most economies in the world, their leading export and import trading partner in terms of value is either the European Union or China, and to a certain degree, the United States and Russia. Both the European Union and the United States have China as their largest origin of imports.
How do you make a trading partner a required entry?
We will look at each of these options below.
- Field Status Group. Field status groups can be used to make certain fields required, optional, display, or suppressed by using field status definition.
- Document Types. Document types can be configured such that Trading Partner will be available for input.
- FI Validation.
What is partner profit center in SAP?
The partner profit centers are always determined automatically from the CO objects involved (cost centers, orders, and so on). The system finds the partner profit center for intercompany billing (IB) by reading the customer billing document (or the customer credit memo in the case of a return delivery).
What is Zuonr field in SAP?
ZUONR is a standard field within SAP Table vbak that stores Assignment information. The allocation is additional information in the customer line item of the accounting document. The line items of an account are displayed in sort sequence according to the content of the field.
What is SAP OX15?
The SAP TCode OX15 is used for the task : Define internal trading partner. The TCode belongs to the FKC package.
How is a trading partner defined in SAP?
Trading Partners In SAP, separate entities under the same parent company are defined with different company codes. In order to perform intercompany transactions in SAP, you must also define a trading partner on every transaction. A trading partner represents the company code that is in transaction with your company code.
Where do I find the trading partner field?
The trading partner field is copied into the account receivable and payable transactions from the customer and vendor master. The Trading partner field also appears in the line items of the offsetting clearing accounts via substitutons.
When do you pick a trading partner for a document?
The trading partner of each document must be set to the company id of the other company code. When goods are received from group company code the trading partner is picked for the inventory and GR/IR line items from the vendor mentioned on the order.
When to use trading partner Field in customer and Vendor Master?
The Trading partner field in customer and Vendor master is used to identify the affiliated companies involved in intercompany transactions. The trading partner field is copied into the account receivable and payable transactions from the customer and vendor master.