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Related Parties | 12 Months Ended
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Dec. 31, 2018
Related Party Transactions [Abstract] |
RELATED PARTIES |
NOTE 18:- | RELATED PARTIES
| a. | Agreements with iDnext:
On January 1, 2016 the Company, through its wholly owned subsidiary BOS-Dimex, consummated the acquisition of the business operations of iDnext Ltd. ("iDnext") and its subsidiary Next-Line Ltd. ("Next-Line"). iDnext is controlled by Mr. Moti Harel, who was a member of the Company's Board of Directors until December 12, 2017. Pursuant to a Management Services Agreement entered into as part of the acquisition agreement, iDnext was paid a monthly fee of NIS 33,000 (approximately $8.5) through December 31, 2017. The Management Services Agreement expired on December 31, 2017. On June 2018 a new agreement was signed with the following terms:
| i. | iDnext monthly fee of NIS increased from 33,000 to 53,000 and bonus of 15% from the net profit of certain product line, effective from January 1, 2018.
| ii. | Three employees of BOS Dimex turned to be employed by iDnext for a monthly consideration of 35,000 NIS.
| iii. | Mr. Harel was appointed as a director to BOS-Dimex's Board of Directors in June 2018.
On February 10, 2019 the Company terminated the agreement with iDnext. Expenses incurred according to the agreement with iDnext are as follows:
|  | Year ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Monthly fees |  | $ | 183 |  |  | $ | 125 |  |  | $ | 104 |
Bonus |  | $ | 49 |  |  | $ | - |  |  | $ | - |
Payments for employees |  | $ | 39 |  |  | $ | - |  |  | $ | - |
Total |  | $ | 271 |  |  | $ | 125 |  |  | $ | 104

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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