Financial Business Partner Groups (tfacp0110m000)

Use this session to maintain financial business partner groups.

To be able to work with the Accounts Payable module, a financial business partner group must be linked to the existing buy-from/invoice-from business partners. You must link business partners to a financial business partner group in the Common module. You cannot delete the financial business partner groups linked to business partners.

You can specify the ledger accounts and dimensions used for posting transaction data for a financial business partner group in the session. You must start the session from the appropriate menu.

Field Information

Financial Business Partner Group

Create a code for the financial business partner group. All the transactions you conclude for the members of a particular financial business partner group are posted to the respective ledger accounts and dimensions.

All the transactions are posted to the ledger accounts of the financial business partner group linked to the business partners.

Default Purchase Type

The default purchase type for the business partner group. This can be the purchase type for regular purchases.

Text

If this check box is selected, a text is present. Information about the financial business partner group is defined here.

Z5 Reporting

Indicates whether Z5 reporting is required for the business partner group.

You can select the following values:

  • Affiliated

    Z5 reporting is required for the business partner group, and you use the financial business partner group for associated business partners in other countries.

  • Non Affiliated

    Z5 reporting is required for the business partner group, and you use the financial business partner group for non-associated business partners.

  • Not Applicable

    Z5 reporting is not required for the business partner group.

You can use the Print Z5 Report (tfcmg3455m000) session to print a report of foreign payments.

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