What is sold-to party in SAP SD - Sales and Distribution?

SAP Term: sold-to party

• Component: SD

• Component Name: Sales and Distribution

• Description: A person or company that places an order for goods or services. The sold-to party can also fulfill the function of payer, bill-to party, or ship-to party.

Smart SAP Assistant

• Key Concepts: 
  Sold-to party is a term used in SAP Sales and Distribution (SD) to refer to the customer who is responsible for the billing of goods and services. It is the main customer in a sales document and is used to determine the pricing, delivery, and billing information. 
  
  How to use it: 
  The sold-to party is typically entered in the header of a sales document. It can be changed at any time during the sales process. The sold-to party can also be used to determine the pricing conditions, delivery address, and payment terms for the order. 
  
  Tips & Tricks: 
  When entering a sold-to party in a sales document, it is important to ensure that all relevant information is entered correctly. This includes the customer’s name, address, contact information, and payment terms. 
  
  Related Information: 
  The sold-to party is related to other SAP SD terms such as ship-to party, bill-to party, and payer. The ship-to party refers to the customer who will receive the goods or services, while the bill-to party refers to the customer who will be billed for the goods or services. The payer is the customer who will make payment for the goods or services.