Incoterms are internationally accepted rules for world trade. In this way, purchasers can collaborate with their vendors to define delivery conditions and connected buyer and seller obligations
Material Management > Purchasing > Vendor Master > Check incoterms
- Click new Entries
- Maintain the incoterms key and Description
- Click Save.
- If location mandatory is ticked, then location is the required entry while creating the vendor master.
While creating vendor master in XK01 or MK01, in the purchasing data the incoterms are maintained.