Invoicing - Odoo 15 Community Book

Incoterms

Incoterms are referred to as international commercial terms. There are certain fixed terms accepted worldwide in terms of the sales and responsibilities between the seller and buyer. In the Odoo Invoicing module, you can easily define various Incoterms and use them while creating different vendor bills and customer bills.

Under the Configuration menu of the Invoicing module, you will be able to get the Incoterms option below the Invoicing menu. This platform will display all available incoterms that are already configured to the module. Using the ‘Create’ button, you can add new incoterms to the existing list.

Odoo 15  Invoicing

When you click the Create button, a new line will appear below the given list as marked in the picture above. You can give a Code to the new incoterm and Name in the given space. Click the ‘Save’ button to add the new one to the list. You can add as much as you want in the same method.

You can set the Default Incoterm of your company in the Settings menu of the module.

Odoo 15  Invoicing

Under the Customer Invoices tab, you can set the Default Incoterm as shown in the image above.

The next section will be dealing with the configuration of the bank account in your Invoicing module.

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