What is title transfer at destination in SAP LO-AGR-CC - Commodity Contracts, Expenses, Basic Functions?

SAP Term: title transfer at destination

• Component: LO-AGR-CC

• Component Name: Commodity Contracts, Expenses, Basic Functions

• Description: A scenario where the transfer of ownership to the buying entity occurs at destination or the discharge location and the material is released directly to unrestricted stock.

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• Key Concepts: 
  Title transfer at destination is a process in SAP LO-AGR-CC Commodity Contracts, Expenses, Basic Functions that allows for the transfer of ownership of goods from the seller to the buyer at the destination of the goods. This process is used when goods are shipped from one location to another and the buyer needs to take ownership of the goods upon arrival. 
  
  How to use it: 
  In order to use title transfer at destination, the buyer must first enter into a contract with the seller. The contract should specify that title transfer will take place at destination. Once the goods have been shipped, the buyer will need to provide proof of delivery and payment to the seller in order for title transfer to take place. 
  
  Tips & Tricks: 
  It is important to ensure that all necessary documents are in order before title transfer takes place. This includes proof of delivery, payment, and any other documents required by law or contract. Additionally, it is important to ensure that all parties involved in the transaction are aware of when title transfer will take place and what documents are required. 
  
  Related Information: 
  Title transfer at destination is similar to title transfer at origin, which is a process in which ownership of goods is transferred from the seller to the buyer at the origin of the goods. Title transfer at origin is typically used when goods are shipped within a single country or region.