The Incoterms rules or International Commercial terms are a series of pre – defined commercial terms published by the International Chamber of Commerce that are widely used in International commercial transactions or Procurement process.
The terms dictate which party is responsible for the risks, costs and liabilities associated with the shipment at each stage of the shipping process.
- Navigate to the respective Shipment View page.
- Click on?edit?button.
- The Shipment Entry page will open.
- Choose the required INCO Term?from the list.
- Click on?Save?button.
- The INCO Term will be added in the shipment.
