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The user will be granted permissions upon their first login.
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OK, so onc they've accessed, they will appear in the shared with section?<br />
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What happens if you accidentally shared it with the wrong person and you needed to revoke? It seems strange that permissions are only manageable after they've accessed.
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We have configured SharePoint Online to enable users to share files outside of the organisation. When it comes to actually sharing a file, we can see that you type in the name of the intended recipients as you would for internal recipients. We select the relevant options to control whether they can edit or just view and disabling the need for them to sign-in. <br />
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However, after doing that and checking later who the document has been shared with, the external recipients previously selected do not appear in the list. Is this because they only show after the recipient has selected the link or is there another reason they don't appear?
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We have configured SharePoint Online to enable users to share files outside of the organisation. When it comes to actually sharing a file, we can see that you type in the name of the intended recipients as you would for internal recipients. We select the relevant options to control whether they can edit or just view and disabling the need for them to sign-in. 

However, after doing that and checking later who the document has been shared with, the external recipients previously selected do not appear in the list. Is this because they only show after the recipient has selected the link or is there another reason they don't appear?

Folder &amp; Document Sharing Externally

Microsoft Sharepoint is a software platform and family of software products used for collaboration and web publishing combined. These capabilities include developing web sites, portals, intranets, content management systems, search engines, wikis, blogs, and other tools for business intelligence and collaboration. SharePoint has a Microsoft Office-like interface, and it is closely integrated with the Office suite.

Microsoft SharePoint

Office 365 is a group of software plus services subscriptions that provides productivity software and related services to its subscribers. Office 365 allows the use of Microsoft Office apps on Windows and OS X, provides storage space on Microsoft's cloud storage service OneDrive, and grants 60 Skype minutes per month. Office 365 includes e-mail and social networking services through hosted versions of Exchange Server, Skype for Business Server, SharePoint and Office Online, integration with Yammer, as well as access to the Office software. All of Office 365's components can be managed and configured through an online portal; users can be added manually, imported from a CSV file, or Office 365 can be set up for single sign-on with a local Active Directory using Active Directory Federation Services.

Folder &amp; Document Sharing Externally

Folder & Document Sharing Externally