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What is special partnership in SAP (PY-BR - Brazil)?



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SAP Term: special partnership

  • Component: PY-BR

  • Component Name: Brazil

  • Description: An association of two or more people, at least one of which is a merchant, who gather with no company name to perform profit-oriented trading activities. These people, either one, or some, or all of them, work under their individual names for a common purpose. In , the association is known as "sociedade em conta de participação".


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AI-powered explanations - the intelligent way to understand SAP terms.
  • Key Concepts: 
    Special partnership is a type of relationship between two companies in Brazil that is regulated by the Brazilian government. It is a form of business partnership that allows companies to share resources and profits, while still maintaining their individual identities. The PY-BR Brazil component of SAP is designed to help companies manage their special partnerships. 
    
    How to use it: 
    The PY-BR Brazil component of SAP provides tools for managing special partnerships. It allows companies to track and manage the financial aspects of their partnerships, such as payments, taxes, and other financial transactions. It also provides tools for managing the legal aspects of the partnership, such as contracts and agreements. 
    
    Tips & Tricks: 
    When setting up a special partnership in Brazil, it is important to ensure that all legal documents are properly drafted and signed. Additionally, it is important to keep track of all financial transactions related to the partnership, as this will help ensure that all taxes and other payments are properly accounted for. 
    
    Related Information: 
    For more information on special partnerships in Brazil, please refer to the Brazilian government’s website on special partnerships (http://www.gov.br/pt-br/areas/empreendedorismo/parcerias-especiais). Additionally, SAP provides a comprehensive guide on how to use the PY-BR Brazil component (https://help.sap.com/viewer/product/PY_BR_BRAZIL/).
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