Payment terms- Ex works

payment terms- Ex works means wat
pls giv the list of payment terms and when we hav use each

Ex Works etc.. are not payment terms but they are "Incoterms"
Some of the common Incoterms are :
CFR   Costs and freight (Not borned by the buyer)
CIF   Costs, insurance & freight (Not borned by the buyer)
CIP   Carriage and insurance paid to
CPT   Carriage paid to
DAF   Delivered at frontier
DDP   Delivered Duty Paid(no charges borned by the buyer)
DDU   Delivered Duty Unpaid
DEQ   Delivered ex quay (duty paid)
DES   Delivered ex ship
EXW   Ex Works(All charges borned by the buyer)
FAS   Free Alongside Ship
FCA   Free Carrier
FH    Free house
FOB   Free on board
Incoterms are Commonly-used trading terms that comply with the standards established by the International Chamber of Commerce (ICC).
Reward if helps you
Rgds
Edited by: Sudeep Mundada on Mar 12, 2008 9:38 AM

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Hi Reddy...
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Hi,
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Hi,
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Hi Simone,
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I feel very regret no postive reply to you!
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For a) For Purchase order payment term number of days I am using table EKKO and taking ZBD1T field which is giving payment
term number of days.
Is it correct??
Payment terms for purchasing doesn't come delivered as part of the R3/ECC tables and is usually is added as a custom field to EKKO and populated via a User Exit. That looks to be the instance in your case because the field that you show as being the payment terms begins with a Z (custom fields begin with Y or Z). That appears, without being able to actually validate in your R3/ECC environment, to be the correct field to use. You would have to validate, however, with the end customer or your MM function consultant to be 100% certain. If this is the correct one to use, you're going to have to enhance the 2LIS_02_HDR extractor by enhancing the extraction structure and creating the User Exit to read it from EKKO and populate into the DataSource.
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Payment terms- Ex works

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