09082011 Incoterm Value to Oracle | Industries | Services (Economics)

SAP SA P IN INCO COTE TERM RM

SAP SA P IN INCO COTE TERM RM DE DESC SCRI RIPT PTIO ION N

BIL BLD BLO CFR CIF CIP COD COL CON CPT DAF DAP DAT DDP DDU DEQ DES EXW FAS FCA FOB PPY

NOT REQUIRED TO MAINTAIN WILL BE ADVISED ON ORACLE CODE MEANING AND DESCRIPTION FOR CUSTOMER LOAD Prepay & Bill FOB Destination Prepay & Bill FOB Origin Cost&Freight Inco2000/10 Sea Cost+Ins+frt Inco 2000/10 Sea Carriage&InsPaidTo Inco2000/10 Cash on Delivery Collect Consignee Billing Carriage Paid to Inco2000/10 Delvd.At Frontier Inco2000 Sea Delvd. At Place Inco2010 Delvd. At Terminal Inco2010 Delvd. Duty Paid Inco2000/10 Delvd. Duty Unpaid Inco2000 Delvd.Ex Quay Inco2000 sea Delvd. Ex Ship Inco2000 Sea Ex Works Inco 2000/10 Free AlongsideShip Inco2000Sea Free Carrier Inco 2000/10 Free On Board Inco2000/10 Sea Prepay

Incoterm 2 information should be indicated indicated in Oracle field name : Inco Inco destination : my in SAP incoterm 2 is used on FCA and/or COL : for account # information that informatio Buyer carrier information also required when incoterm EXW, FCA, FAS, FOB when buyer Field avaialble in oracle 30 CHARACTER FOR CODE MEANING 80 DESCRITION FREIGHT TERMS 30

inco destination should read …………

ORACLE INCOTERM

ORACLE FREIGHT TERMS

CODE

Freight paid/collect till name place/port/airport

FCA CPT FCA CFR  CIF CIP REMOVE IT

FCA FCA CPT

DAF DAP DAT DDP DDU DEQ DES EXW FAS FCA FOB FCA

HOW MANY CHARACTER 30/80 FOR CUSTOMER LOAD for U.S. Domestic only Prepay & Bill FOB Destination for U.S. Domestic only Prepay & Bill FOB Origin for U.S. Domestic only FREIGHT PREPAID FREIGHT PREPAID FREIGHT PREPAID REMOVE IT Collect for U.S. Domestic only Consignee Billing for U.S. Domestic only FREIGHT PREPAID FREIGHT PREPAID FREIGHT PREPAID FREIGHT PREPAID FREIGHT PREPAID FREIGHT PREPAID FREIGHT PREPAID FREIGHT PREPAID FREIGHT COLLECT FREIGHT COLLECT FREIGHT COLLECT FREGHT COLLECT Prepay no charge to client for U.S. domestic only Third party billing

uggetion is to define that filed in oracle as " name place/port/airport" of a/c # should be transfer to a/c # ays for freight and or third party

Account # of carrier of client required

Carrier/forwarder Insurance

Y/N IN COMBINATION OF FREIGHT TERMS y N N N N N Y N N N N N N N N N Y N Y N N Y

of

 

buyer/seller buyer seller seller seller seller seller

in combination with fr buyer seller seller buyer seller seller

buyer buyer seller seller seller seller seller seller seller seller buyer buyer buyer buyer seller

buyer buyer buyer seller seller seller seller seller seller seller buyer buyer buyer buyer seller

ight term

INCOTERM

REVISION

Mode of Transportation

Freight Terms

EXW

2000 & 2010

Any

freight collect

FCA

2000 & 2010

Any

freight collect

FAS

2000 & 2010

Sea

freight collect

FOB

2000 & 2010

Sea

freight collect

CFR

2000 & 2010

Sea

freight prepaid

CIF

2000 & 2010

Sea

freight prepaid

CPT

2000 & 2010

Any

freight prepaid

CIP

2000 & 2010

Any

freight prepaid

DAP

2010

Any

freight prepaid

DAT

2010

Any

freight prepaid

DDP

2010

Any

freight prepaid

DAF

2000

Any

freight prepaid

DES

2000

Sea

freight prepaid

DEQ 

2000

Sea

freight prepaid

DDU

2000

Any

freight prepaid

Inco destination should read ………name place/port/airport = responsibi FOB should read ……………………………IncoTerm Carrier account # required for EXW, FCA term Also carrier account required for freight terms : freight collect ; collect for U.S. domestic only ; Third party PS: freight commitment of buyer /seller agreed for name place/port/airport

For freight terms : Prepay & Bill FOB Destination for U.S. Domestic only Prepay & Bill FOB Origin for U.S. Domestic only FOR CUSTOMER LOAD for U.S. Domes Prepay no charge to client for U.S. do Collect for U.S. Domestic only Consignee Billing for U.S. Domestic only New field Requirements: Insurance : buyer/seller name place : place/port/airport field for a/c# of carrier : For 11 incoTerm of 2010 : Three-letter trade terms, accompanied by a geographic place/port/airport followed by INCOTERMS® 201

Default information for Insurance given however seller responsibility for insurance is only for Term CIP an For DDP term : VAT at destination at the account of seller but can have option if by buyer and must be ind DAF, DES, DEQ change to new incoTerm DAT and also change mode of transportation to "Any" instead of 

Insurance covered by

CODE

Buyer

EXW

Buyer

FCA

Buyer

FAS

Buyer

FOB

Buyer

CFR

seller

CIF

buyer

CPT

seller

CIP

seller

DAP

seller

DAT

seller

DDP

seller

DAT

seller

DAT

seller

DAT

seller

DAP

lity transfer at that point for Ta

billing :

.

CIF till the name place/port/airport in Inco icated on sales contract /order Sea/waterway

ORACLE LOOK UP CODE MEANING 80 EXW = EX WORKS : named place of shipper's plant ; Used for Any mode of transport FCA=Free Carrier Named Place of departure; Used for Any mode of transportation FAS=Free Alongside ship Named Port of shipment (of departure),SEA SHIPMENT ONLY FOB=Free On Board, Named Port of shipment (of departure), Transport via Sea only C&F= Cost & Freight Named Port of Destination, Transport via Sea only CIF=Cost, Insurance & Freight Named Port of Destination, Transport via Sea only CPT=Carriage paid to, Named Place of Destination, Any mode of transportation CIP=Carriage & Insurance Paid to Named Place of Destination, Ship via any mode DAP = Delivered at name place of destinaton,replace DDU term. Ship via any mode DAT = Delivered at named terminal/port/place of destination. Ship via any mode DDP=Delivered Duty Paid to Named Place at destination Any mode of transportation DAF=Delivered at Frontier Name Place, ship via any mode of transportation DES=Delivered ex Ship Named Port of Destination, Ship via Sea/multimode DEQ=Delivered ex Quay Named port of destination, Transport via Sea/Multimode DDU=Delivered Duty Unpaid to Named Place of Destination, Ship via Any mode

st, Risk and cost.

/Inco destination. Remaining are negotiable.

80 79 79 80 70 80 76 79 80 79 81 74 71 78 74

ORACLE LOOK UP CODE DESCRIPTON 240 Minimum obligation of seller. The Buyer pays all cost from named place of shipper's plant /factory until destinatio Buyer pays all the cost related to the goods at the time it has been given to carrier from named place /plant/port The Buyer pays all the cost relating to the goods from the time they have been delivered alongside the named ve The Buyer pays all the cost relating to the goods from the time they have been delivered on Board the named ves The Seller contract for & pays cost of carriage to the named port of destination.Insurance covered by buyer. Risk t The Seller must contract for & pays the cost of carriage & insurance to bring the goods to the named port of desti The Seller contract for & pays cost of carriage to the named Place/port/airport of Destination, insurance covered The Seller must contract for & pays the cost of carriage & insurance to bring the goods to the named place of des Seller must contract for & pays the cost of carriage to bring the goods to the named place of destination. Buyer p Terminal" includes quay, warehouse, container yard, road, rail or air cargo terminal. Seller pays for carriage to the The Seller pays for all the cost till name of destination including duty & Taxes. If VAT not paid by seller must indic The Seller pays freight till delivered at frontier named place (Freight Prepaid) Inco 2000. Replaced with new INCO Seller pays freight till named port of destination ex ship(Freight Prepaid)inco2000. Replaced with new INCOTERM The Seller pays freight till name port of destination till the Quay(Freight Prepaid)Inco2000 . Replaced with new IN Seller pays freight till name place of destination (Freight Prepaid)inco2000 . Replaced with new INCOTERMS® 201

240 221 219 237 185 194 225 227 239 231 240 133 126 134 232

Freight terms FOR CUSTOMER LOAD Prepay & Bill FOB Origin Prepay & Bill FOB Destination Prepay no charge to client Consignee Billing Collect FREIGHT COLLECT FREIGHT PREPAID Third party billing Prepaid, Charge Separately

17 24 29 26 17 7 15 15 19 26

U.S. Domestic means shipment from and to addre

Freight term description BUYER PAYS FOR FREIGHT SELLER PAYS FOR FREIGHT AND BILL BUYER , DELIVERY AT SELLER PREMISES SELLER PAYS FOR FREIGHT AND BILL BUYER , DELIVERY AT BUYER PREMISES SELLER PAYS FOR FREIGHT BUYER PAYS FOR FREIGHT : NAME OF CARRIER REQUIRED A/C # NOT REQUIRED BUYER PAYS FOR FREIGHT, NAME OF BUYER'S CARRIER AND A/C# REQUIRED for U.S. BUYER PAYS FOR FREIGHT, NAME OF BUYER'S CARRIER AND A/C# REQUIRED SELLER PAYS FOR FREIGHT, SELLER USE HIS PREFERED CARRIER. Third party pays for charges Prepaid and charge Separately

s is in USA.

International or domestic 23 68 68 23 69 75 66 58 29 29

U.S. DOMESTIC U.S. DOMESTIC U.S. DOMESTIC U.S. DOMESTIC U.S. DOMESTIC U.S. DOMESTIC INTERNATIONAL & DOMESTIC INTERNATIONAL & DOMESTIC INTERNATIONAL & DOMESTIC INTERNATIONAL & DOMESTIC