What is multilateral agreement in SAP FI-CA - Contract Accounts Receivable and Payable?

SAP Term: multilateral agreement

• Component: FI-CA

• Component Name: Contract Accounts Receivable and Payable

• Description: An agreement between Argentine provinces that establishes how gross income tax revenues are to be distributed. Its stipulations apply when commercial operations take place in more than one province, for instance, if the buying and selling companies are located in different provinces.

Smart SAP Assistant

• Key Concepts: 
  A multilateral agreement is a contract between three or more parties that outlines the terms and conditions of a transaction. In the context of SAP FI-CA Contract Accounts Receivable and Payable, a multilateral agreement is an agreement between two or more parties that outlines the terms and conditions of a payment arrangement. This agreement can be used to manage payments between multiple parties, such as customers, vendors, and banks.
  
  How to use it: 
  In SAP FI-CA Contract Accounts Receivable and Payable, a multilateral agreement is used to manage payments between multiple parties. The agreement outlines the terms and conditions of the payment arrangement, including the payment amount, payment frequency, payment method, and any other relevant details. The agreement can be used to track payments from customers, vendors, and banks.
  
  Tips & Tricks: 
  When creating a multilateral agreement in SAP FI-CA Contract Accounts Receivable and Payable, it is important to ensure that all relevant details are included in the agreement. This includes the payment amount, payment frequency, payment method, and any other relevant details. Additionally, it is important to ensure that all parties involved in the agreement are aware of the terms and conditions outlined in the agreement.
  
  Related Information: 
  For more information on multilateral agreements in SAP FI-CA Contract Accounts Receivable and Payable, please refer to the SAP Help Portal (https://help.sap.com/viewer/product/FI_CA_CONTRACT_ACCOUNTS_RECEIVABLE_AND_PAYABLE/).