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Dec 13, 2018 at 07:57 AM

Trading Partner Field important in GL master data, Customer master data and vendor master data

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Hi Gurus,

I have research on all of the forums but did not find the relevant answer that I am looking for:--

What should I know about this topic I make a summary of that below:-

1) Basically, the concept of trading is used to settle and reconcile inter comp transactions both sales and purchases.

2) This field has prevailed in almost all master data Customer, vendor and GL...Why this is needed in all master data? For customer and vendor, I can understand but for GL?

3) Why do we need to enter only company in this field?

Please give me the as much as information about this topic

If it is possible please give me the real time example on this topic.

Thanks and Regards

Dheeraj joshi