on 11-21-2008 10:59 AM
Dear All,
I want to know abt the inco terms in SAP.
What is meaning & importance of term INCO TERMS. similarly in SAP what is its significance
Thanks in advance
HI,
Check these links for the definition
http://www.infodriveindia.com/Exim/Incoterms.aspx
http://www.agilfreight.co.in/incoterms.html
Thanks & Regards,
Kiran
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thanks a lot
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hi,
Incoterms are internationally-recognized terms of delivery reflecting the standards set by the International Chamber of Commerce (ICC).
Incoterms appear in all purchase order document items and order list items in Seasonal Procurement.
If you do not enter the Incoterms, the system determines these values automatically....
The system determines the Incoterms from the vendor master, among other places.
SO incoterms are nothing butTERMS OF DELIVERY...
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