What is collect payer in SAP TM - Transportation Management?

SAP Term: collect payer

• Component: TM

• Component Name: Transportation Management

• Description: The business partner that pays for the last part of a transport, according to agreed Incoterms. The collect payer may not necessarily be the collect bill-to party.

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• Key Concepts: 
  Collect payer is a term used in SAP Transportation Management (TM). It refers to the party responsible for collecting payment from the customer for the goods or services provided. This could be the shipper, carrier, or third-party logistics provider. 
  
  How to use it: 
  In SAP TM, the collect payer is specified in the freight agreement. This agreement is used to define the terms and conditions of the transportation services provided. The collect payer is responsible for collecting payment from the customer and remitting it to the shipper or carrier. 
  
  Tips & Tricks: 
  When setting up a freight agreement in SAP TM, it is important to ensure that the collect payer is specified correctly. This will ensure that payment is collected from the customer and remitted to the appropriate party in a timely manner. 
  
  Related Information: 
  For more information on setting up freight agreements in SAP TM, please refer to the official SAP documentation.