Figure BP.01 - Party Business Entities

The following Figure shows the new Entities added to describe further PartyRoles.<br/>A Party may possess one or many PartyAccounts through PartyRoles. <br/>A PartyAccount is an arrangement that a Party has with an enterprise (such as a communication service provider) through which the enterprise collects AppliedPartyBillingRate (i.e. charges) to structure bills. It also collects payments for Products that are supplied by the enterprise to the Party. The AppliedPartyBillingRates are invoiced to the PartyAccount via PartyBills.<br/>A PartyRole might be evaluated for its worthiness (PartyCreditProfile) and this evaluation might be based on external information (PartyCreditProfileReference).<br/>The AccountContact qualifies for a PartyAccount a contact point (PartyRole and ContactMedium) such as primary, secondary, and emergency contact.<br/>