incoterms

[Former Member]

hi all what exactly are incoterms?i understand that they are releated to ship to party and why is the field given in billing tab of customer master?and why does it take it from sold to party in a sales order?if all my four partner functions are differnt then it has to pick from ship to party right??why is this control not given?and in business scenarios are these picked from other partner functions also?? if that is the case where exactly is the setting for that??

[former_member184555]

Hi

As per my knowledge, the incoterms are taken from the CMR of the SP. Even in realtime business scenario also - the SP will have different pricing and shipping terms with SH and it varies from one SH to another. For a valuable and good customer(SH) the SP allows one icoterms and for another it will change.

Thanks,

Ravi

[Lakshmipathi]

Dear anil singh

The full form of INCO terms is "International Commercial Terms".

Incoterms are a set of International rules for the interpretation of commonly used trade terms, eliminating or reducing the uncertainties of different interpretations of these terms in different countries.

The specification of Incoterms 2000 on all contracts allow buyers and sellers to ensure the new Incoterms are being applied and clearly identify source of reference for the definition. Variations in local Trades, ports and customs are possible.

Group E

EXW EX Works (...named place)

Group F

FCA Free CArrier (...named place)

FAS Free Alongside Ship (...named port of shipment)

FOB Free On Board (...named port of shipment)

Group C

CFR Cost and Freight (...named port of destination)

CIF Cost, Insurance and Freight (...named port of destination)

CPT Carriage Paid To (duty paid) (...named place of destination)

CIP Carriage and Insurance Paid to (...named place of destination)

Group D

DAF Delivered At Frontier (...named place)

DES Delivered Ex Ship (...names port destination)

DEQ Delivered Ex Quay (...named port of destination)

DDU Delivered Duty Unpaid (...name place of destination)

DDP Delivered Duty Paid (...named place of destination)

Not in SAP but in general also, since all these inco terms are based on where the goods destined, SAP will consider based on ship to party.

thanks

G. Lakshmipathi

[former_member217082]

Hi anil

Inco terms are something which are related to freight and they are based on ship to party .But the reason why it is in billing documents tab in customer master is when we calculate freight some amount will take place and that amount has to be paid by the payer and not by the ship to party.

You can assign different partner functions for the same sold to party customer.

Regards

Srinath