| # Payment Pay on Receipt The receiver acquires the ownership of the goods and must pay for the goods the moment the goods are received in the warehouse, or earlier if this is specified in the terms of delivery. This option is used in standard business processes. Pay on Use The receiver does not acquire the financial ownership of the delivered goods and need not pay for the goods before the goods are actually consumed. For example, this option is used in case of standard consignment. Each goods issue is considered a consumption, except for the following: Some warehouse transfers. You can define what a consumption is for a warehouse transfer in the Usage at Warehouse Transfer field of the Logistics Terms and Conditions (tctrm1140m000) session. If ownership changes after a period of time. You can define when the ownership must change from the supplier to the customer in the Time-based Ownership Change after Receipt or Time-based Ownership Change after last Transaction fields of the Logistics Terms and Conditions (tctrm1140m000) session. No Payment The receiver does not acquire the ownership of the delivered goods and need not pay for the goods. For example, this option is used in case of subcontracting. |