Odoo 16 Community Book

Incoterms

Incoterms can be defined as international commercial terms used in business. These terms will define sales and responsibilities between a seller and buyer. These fixed terms are accepted worldwide to ensure smooth business operations internationally. In Odoo, you can configure such Incoterms in the Invoicing module and use them while managing international commercial activities related to your business.

In the Configuration menu of the Invoicing module, you can find the Incoterms option which will give access to the platform shown below. The pre-configured list of incoterms can be observed here. You can use the New button to add a new Incoterm to the module.

As soon as you click on the New button, the window will show a new line where you can add the Code and Name of the Incoterm. Use the Save button to save the new changes.

If you want to set a default incoterm for your business operations in Odoo, you can go to the Settings menu of the Invoicing module.

Here, you can mention the Default Incoterm of your company in the specified field available under the Customer Invoices tab.