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incoterms vs BP role

Hi,

I would like to know against various incoterms, for every stage for export and import, wheather its collect or prepaid agreement party who is repsonsible for payment.

If there is any matrix prepared it will be helpful

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  • author's profile photo Former Member
    Former Member
    Posted on Sep 02, 2013 at 09:00 AM

    http://en.wikipedia.org/wiki/Incoterms

    is a good sources

    and this is something that is configurable in SAP TM.

    search for incoterms / movement type in the SPRO.

    regards

    Murugesh

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  • author's profile photo Former Member
    Former Member
    Posted on Sep 06, 2013 at 04:17 AM

    Hi Diapk, Incoterms is a world wide standard which is followed with respect to the terms and conditions for executing a shipment. Paying Party is just one part of the incoterm. As far as prepaid or collect agreement party is concerned, it can be any business partner and need not necessarily be shipper or consignee of your order. However it is goverened by incoterms as which party will pay for which stage of the shipment. While making the setllement document it can be chosen for which party the settlement document would be issued. System gives you option for "Prepaid, Collect or Other" as the option for creating the settlement document. Hope this clears your questions to an extent. Please revert back in case of any other question. Regards, Lalit

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