What is external sold-to party in SAP (IS-EC-CEM - Construction Equipment Management)?

SAP Term: external sold-to party

• Component: IS-EC-CEM

• Component Name: Construction Equipment Management

• Description: A customer or debtor that is used externally for customer settlement.

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• Key Concepts: 
  External sold-to party is a term used in SAP IS-EC-CEM Construction Equipment Management. It refers to a customer who is not part of the company’s internal customer base, but who has purchased goods or services from the company. The external sold-to party is responsible for paying for the goods or services they have purchased. 
  
  How to use it: 
  In SAP IS-EC-CEM Construction Equipment Management, the external sold-to party is used to identify customers who are not part of the company’s internal customer base. This information is used to track sales and payments from these customers. The external sold-to party can be identified by their name, address, and contact information. 
  
  Tips & Tricks: 
  When entering an external sold-to party into SAP IS-EC-CEM Construction Equipment Management, it is important to ensure that all of the customer’s information is accurate and up to date. This will help ensure that payments are received in a timely manner and that sales are tracked accurately. 
  
  Related Information: 
  The external sold-to party is related to other terms in SAP IS-EC-CEM Construction Equipment Management such as internal sold-to party, customer master data, and payment terms. It is important to understand how these terms are related in order to effectively use SAP IS-EC-CEM Construction Equipment Management.