Now we are going to cover one of the one of the very important new features will be the business partner concept is already new, but some of the very catchy new features that I found it very interesting and very useful that you can use in your ps4 environment is stuff where you can you know, you can derive the flows, you can put fixed rate, you can put bonds, money market and all those things. Look at look at the different types of look at the different types of screens. It's this this screen reminds me of the you know, the old way of finding personal lumber. I think the transaction was PP o s w where you can find the personal number based on this. So in this transaction, one thing we saw, it's a lot of clicking okay. So it might be a little annoying but you know, we will we will adjust and that is all is another way to do it if you want customers you can get the old features back, okay.
So, another important thing that we saw is there is some reporting data in company code you can see you can populate all these loan numbers. So this is more related with financial service business partners where you can put liability risk types so this is very useful type of stuff where you what you what you're doing is you're putting a liabilities for vendors that suppose has gone into bankruptcy and there is a liability that you know, I will not get stuff from them getting also you can put liabilities so before in ECC system or ICU system, you have to build your own bankruptcy process. But now in s four, you don't have to use maintain this for fields and it takes care of all and there are out of the box reports for those features. Another thing that we have seen is the status This is really useful I love this one, when you can, you know, you can before creating any vendor or customer, you can do it through status management where you can control the status.
So we can assign a status profile here and we can assign different statuses and based on that it can go for workflows and all those things. It's used very useful not only for for creating new vendors, or customers, it's useful for existing vendors and customers where we have some credit issue with the vendor or customer and we can block the vendor and we can come to notice why we really blocked it because there was a workflow where you know, the business manager really verify that this customer's credit, credit limit is sold us or it's they don't have a good name in the market. So that's why we are not trying to do business with this customer or vendor you know, as they can be a liability in getting back money from the customer or are doing business with those vendors we may end up in trouble because they might not give us the food required on time which will put us in a false position.
So this This feature is really helpful. Okay, so these covers and everything related with the business partner new features. Now there are some other features nice once in as for HANA, I have a level out of the box or the business partner fury apps. Here you can define all those master data process so you have a lot of apps for business partners, these are the ones which is most frequently used. These are master data process only for business partners so you can you can understand what is in the business partner from here. Okay.
And again, this is this is available. It's important you know, that it is available in desktop and tablet. Now creating business partner relationship. This is only available desktop where you can suppose give the fury tiles in the desktop where they can you know, if you don't like the the screen VP you can they have given you the option of creating the business partner through a fury app. This is another one which is very useful is to display business partner relationship where you can find the relationship between the accounts receivable, accounts payable, customer vendor and all those things display the BP role or definition. Okay, so these are the ones that it's very useful.
Again, we will show in details, how you can find which, which are the roles already configured for a particular VP and that will help you find out. So this, this business partner, fury app really is useful for all these features.