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edited Apr 24, 2022 2:42PM in Accounting / ERP 1 comment
Inventory and Accounting Impact of Incoterms for Intercompany Transfer Order:-
The incoterm you select on a transfer order impacts accounting and inventory information.
The following are default incoterms:
1.Ex Work (EXW) – Inventory ownership is transferred at the shipping point.
2. Delivered at Place (DAP) – Inventory ownership is transferred at the destination point.
Note: When creating a transfer order, you can only select EXW or DAP. After the order status is pending approval or pending fulfillment, you can choose another incoterm.
Tiru Chembeti
SME & Sr. Functional Architect
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