Contract Account Relationships

[Former Member]

Dear experts, what is the usage of the Contract Account Relationships?

Can I map different relations between Business partners and the contract accounts such as parent? what is the importance and functionality of the flag account holder?.

Edited by: BPX PARTNERS on Mar 16, 2010 2:16 PM

[Former Member]

Relationship of Business Partner to Contract Account:

The account relationship defines the role that a business partner plays for a contract account.

Use

The account relationship serves to differentiate between several business partners belonging to a contract account.

During automatic payment clearing for example, this then enables you to specify that a payment on account is always assigned to the holder of the account.

The account holder relationship can only be assigned to one business partner per contract account.

If a contract account category is flagged as being a one-time account , you can nevertheless maintain several business partners as the account holder with a contract account.

Regards,

Pranaya

[Former Member]

Dear Pranaya, if I check the account statement of a business partner that is not the account holder, but that has other relation to the contract account am I able to see the items?

Do the postings can only be directed to the business partner marked as "Account holder"?

[SSC1]

Hi I think you will have to create a new Acct Relationship and then assign this new Acct Relat in the contract account.

This is should post documents to the Ca but not tied to the BP. I hope this helps.

Let us know if this worked.

Rgds

Saj