Incoterms stands for International commercial terms. Fifteen terms of sale accepted worldwide in an assignment of costs and responsibilities between buyer and seller. Basically, Incoterms are trade terms published by the International chamber of commerce(ICC), and that is commonly used in both international and domestic trade contracts.

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Incoterms in Odoo 13

2. INTRODUCTION
❖ Incoterms stands for International commercial terms.
❖ Fifteen terms of sale accepted worldwide in an assignment of costs and
responsibilities between buyer and seller.
❖ Basically, Incoterms are trade terms published by the International chamber of
commerce(ICC), and that is commonly used in both international and domestic
trade contracts.

3. ❖ Incoterms basically intended to convey the assignments, expenses, and risk
related to the transportation and delivery of products.
❖ Incoterms in OpenERP support the business worldwide and are only for
information purpose that defines international commercial terms and it has no
impact in different modules of OpenERP.

4. ❖ Goto Sales -> Configuration -> Settings -> Save.

5. ❖ Enable Incoterms -> Save

6. Here we can see the list of incoterms available

7. Create a sale order -> under Other info Tab we can set incoterm for the sale order->
Click “Save”

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Incoterms in Odoo 13

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