Accounts Receivable - Business Partner Classification

Pgm: PMCLSFCT – Business Partner Classification; standard Treeview path: Accounts Receivable > Setup > Global Tables > BP Classification Codes

Business partner classifications are used to apply one or more classifiers to a business partner. The functionality of these classifiers is used in the Project Management module. The most common use for these classifiers is for ownership classifications that may require government reporting, such as minority owned. These classifications can also be applied to second tier subcontractors.

Code, Description

Enter a classification code and description.

Active Flag – Checkbox

Check this box to make the classifier available in the Classification LOV on the Classification tab of the Business Partner Maintenance screen and Organization Management screen. This box is checked by default for all new records.