Business Partners overview

You must define your customers and suppliers as business partners. For each business partner, you can specify:

  • Business Partner Type

  • Payment Terms

  • Exchange Rate type used

Business Partners data

Business Partner is a unified entity for Suppliers and Customers. They also have an associated address and a fiscal number. Business Partner data is generated through these BODs:

  • SupplierPartyMaster

  • CustomerPartyMaster

  • ShipFromPartyMaster

  • ShipToPartyMaster

  • BillFromPartyMaster

  • BillToPartyMaster

When Tax Engine receives business partner data from SOR, the business partner code from SOR is written as an Identification code, and a new internal code for the business partner record is created.

Addresses by Business Partner data

Addresses define the postal address, access numbers for telephone, identification for taxation purposes, and routing information of a Business Partner. You can maintain multiple address for every Business Partner in your SOR and group these addresses per Business Partner record in Tax Engine.

Business Partner Types data

Business Partner types are used to classify and categorize business partners with similar characteristics, such as retail customers and domestic suppliers. Business Partner types can be used as additional attributes for your Business Partner records in Tax Engine.

Business partner types can also be used to maintain searches to automatically suggest fiscal data for your fiscal transactions.

Internal Business Partner data

Internal Business Partners are Business Partners that are linked to enterprise units of the same logistic company. These are existing business partners, who act as customers and can be linked to your company’s departments. The business partner's financial data is registered in the financial company to which the department is linked.