What is triangular deal in SAP SBO - SAP Business One?

SAP Term: triangular deal

• Component: SBO

• Component Name: SAP Business One

• Description: The exchange of goods between two parties without transfers of money. Triangular deals are based on two independent contracts linked by a protocol. The goods receipts may be carried to third parties such as banks or trading houses.

Smart SAP Assistant

• Key Concepts: 
  A triangular deal is a type of transaction in SAP Business One (SBO) that involves three parties. It is used to facilitate the transfer of goods between two parties, while the third party acts as a middleman. The middleman is responsible for the payment of the goods and the delivery of the goods to the buyer. 
  
  How to use it: 
  In order to use a triangular deal in SBO, the buyer and seller must first agree on the terms of the transaction. Once this is done, the middleman will be responsible for setting up the payment and delivery of the goods. The middleman will also be responsible for any taxes or fees associated with the transaction. 
  
  Tips & Tricks: 
  When setting up a triangular deal in SBO, it is important to ensure that all parties involved are aware of their responsibilities and obligations. Additionally, it is important to ensure that all taxes and fees associated with the transaction are paid in full before any goods are transferred. 
  
  Related Information: 
  For more information on triangular deals in SBO, please refer to SAP's official documentation on the topic. Additionally, there are many online resources available that provide detailed information on how to set up and manage triangular deals in SBO.