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What is the purpose of Factoring Indicator in the BP Master Data?

Hi,

Can I know what is the function of the Factoring Indicator within the Business Partner Master Data -> General Tab?

Thanks!

Gavin Tan

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1 Answer

  • Best Answer
    Oct 15, 2008 at 10:20 AM

    Hi,

    Factoring indicator or indicator is available in the journal entry header, BP and invoice.

    It used as follows:

    1. In journal entry:

    From a previously defined list of codes, select an indicator code to help you find a particular transaction.

    2. In BP

    Can be used later for sorting invoices related to this business partner.

    3. In document

    The indicator is used as selection criteria in various reports.

    Rgds,

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