SAP LO-AB

SAP Agency Business is an SAP component used to map agency processes and centralized settlement processes, as used in buying groups and trade cooperations, for instance.

In these processes, a central organization offers services for simplifying operations, which can include consolidating incoming invoices, negotiating purchasing conditions, and handling payments between suppliers and associated companies/customers, for example.
This component makes it possible to create a structured mapping of multilevel billing and payment relationships with the help of a central settlement partner, including automatic compensation settlement.