Lesson Overview
In this lesson we will introduce the concept of the business partner which are all external entities your company does business with. You will see how the business partner master data is structured and how to define them as customers and suppliers.
Business Scenario
Your company, like every company doesn't operate in a bubble. It purchases raw materials and parts from other companies to produce, sells the products to customers, cooperates with banks, has employees and so on. All these relationships are managed with a central type of entity in SAP S/4HANA, the business partner.