This week, we highlight the SAP Business One feature that allows you to create a link when a customer is a supplier at the same time. This improvement makes it easier to manage the current accounts of business partners who act as both customers and suppliers, making it possible to include the transactions of these partners in internal reconciliation processes and financial reports, such as the due date report.
In the business world, it is quite common for the supplier of certain goods or services to also be your customer, buying different goods or services from you. In this case, you have to manage two different master data records – one representing the customer and one representing the supplier, while the link between the two is not reflected in the accounting. Recent improvements in SAP Business One allow you to reflect this link by creating a symmetrical link between the customer record and the corresponding supplier record:
Once the link has been defined, you can include the transactions of the linked vendor in the payment advice wizard and consider their recommendations accordingly. In addition, you can consider the transactions of the connected business partners for internal reconciliation. Last but not least, by running the due date report (for customers and vendors), you can display the transactions of the connected business partner and see the actual balance of the joint business activity:
Available from SAP Business One 9.2, version for SAP HANA PL06 and SAP Business One 9.2 PL06.
