Will be saving gotchas on Microsoft 365 External Access and Guest Access in SharePoint and Teams
We configure external/guest access in AAD, m365 Admin Center, Teams Admin Center, SharePoint Admin Center, specific Group, Team or SharePoint site.
We can configure external guest access directly, or can configure sensitivity labels and policies in Purview (Compliance Admin Center). Configuring sensitivity labels for sites/groups we configure external guest access settings. Configuring sensitivity labels policies we apply labels.