Analyzing the Core Components of Business Master Data Flashcards
What are the three main types of Business Master Data
Business Partner
Contract Account
Contract
What are the sub objects of the Business Partner
General Data
Role
Contract Partner(s)
Category
Grouping
What are the Sub-objects of the Contract Account
Accounting Data
Invoicing Data
Organization Data
Payment Data
Dunning Data
What are the sub objects of the Contract?
Invoicing Data
Billing Data
Organizational data
Deregulation data
Move in/Installation
True or False?
Business Partner is a cross application component
True, and this is how some of our customers have a business partner who is both a customer and an employee
A pre-requisite for creating a contract account?
A business partner in the contract partner role
True or false, A business partner can have different roles based on contract accounts
True. A BP can have a contract account for renting an apartment, and a contract account as an apartment building owner. A Utilities example wuld be a BP that has both a contract for Gas service, and a contract for Electric service
What is the relationship between contracts and contract accounts
The contract account groups contracts that abide by the same accounting and invoicing terms. Company code allows inter company billing
Where are contract accounting and invoicing documents functionally held
At the contract account
How are contracts in contract accounts usually distiguished
By the division the contract is attached to (gas,water,electric)
What is a contract in terms of a utility
An agreement between the customer and utility company that applies to a single division
What two technical properties does a contract rely on?
The installation and device
When is the installation tied to the contract?
At move in
What links technical and business data in a utilities scenario?
The installation
