What is one-sided trading contract in SAP LO-GT - Global Trade Management?

SAP Term: one-sided trading contract

• Component: LO-GT

• Component Name: Global Trade Management

• Description:

Smart SAP Assistant

• Key Concepts: 
  A one-sided trading contract is a type of contract used in SAP's Global Trade Management (LO-GT) module. It is a contract between two parties, where only one party is obligated to fulfill the terms of the agreement. This type of contract is often used when one party has more bargaining power than the other, or when one party is not able to fulfill their obligations.
  
  How to use it: 
  One-sided trading contracts are used in SAP's Global Trade Management (LO-GT) module to manage international trade transactions. The contract can be used to define the terms of the agreement between two parties, such as the price, delivery date, payment terms, and other conditions. The contract can also be used to track the progress of the transaction and ensure that all parties are meeting their obligations.
  
  Tips & Tricks: 
  When creating a one-sided trading contract in SAP's Global Trade Management (LO-GT) module, it is important to ensure that all terms and conditions are clearly defined and agreed upon by both parties. It is also important to ensure that all parties understand their obligations and are able to fulfill them. Additionally, it is important to keep track of the progress of the transaction and ensure that all parties are meeting their obligations.
  
  Related Information: 
  For more information on one-sided trading contracts in SAP's Global Trade Management (LO-GT) module, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to use this type of contract in SAP's Global Trade Management module.