What is the purpose of Factoring Indicator in the BP Master Data?
Can I know what is the function of the Factoring Indicator within the Business Partner Master Data -> General Tab?
Jimmy Michael replied
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.