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INCO TERMS & its significance in SAP

Former Member
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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

Accepted Solutions (1)

Accepted Solutions (1)

former_member335885
Active Contributor
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HI,

Check these links for the definition

http://www.infodriveindia.com/Exim/Incoterms.aspx

http://www.agilfreight.co.in/incoterms.html

Thanks & Regards,

Kiran

Answers (2)

Answers (2)

Former Member
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thanks a lot

former_member581212
Active Contributor
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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...