What is collect bill-to party in SAP TM - Transportation Management?

SAP Term: collect bill-to party

• Component: TM

• Component Name: Transportation Management

• Description: The business partner that is billed for the last part of a transport, according to agreed Incoterms. The collect bill-to party is not necessarily the payer. For example, the Incoterm agreed between a seller and a buyer in a transport from Germany to the U.S. is FOB Free On Board from location Hamburg. The seller pays for the transportation charges to Hamburg and the buyer pays for the charges from Hamburg to the U.S. In this example, the buyer is the collect bill-to party.

Smart SAP Assistant

• Key Concepts: 
  Collect bill-to party is a feature in SAP Transportation Management (TM) that allows customers to assign a single bill-to party for all their shipments. This feature simplifies the billing process by eliminating the need to create multiple invoices for each shipment. The bill-to party is responsible for paying all the charges associated with the shipments. 
  
  How to use it: 
  To use the collect bill-to party feature, customers must first create a bill-to party in SAP TM. This can be done by entering the customer’s name, address, and other relevant information into the system. Once the bill-to party is created, customers can assign it to their shipments. This will ensure that all charges associated with the shipment are billed to the same party. 
  
  Tips & Tricks: 
  When creating a bill-to party in SAP TM, make sure to enter all relevant information accurately. This will ensure that invoices are sent to the correct address and that payments are received on time. Additionally, customers should review their bill-to parties periodically to make sure they are up-to-date and accurate. 
  
  Related Information: 
  For more information about collect bill-to party in SAP TM, please refer to the official SAP documentation or contact your local SAP representative. Additionally, there are many online resources available that provide detailed instructions on how to use this feature.