soldto

Soldto, often written as "Sold-To" or "sold-to party," is a term used in sales and order processing to designate the customer who purchases goods or services and to whom the invoice is issued. It is a defined partner function in many enterprise systems, and it can be distinct from other roles such as Ship-To, Bill-To, or Payer.

In enterprise resource planning and CRM contexts, Sold-To identifies the primary purchaser within a customer account. In systems like SAP, the Sold-To Party is a specific partner function with its own master data, including address, contact, payment terms, and credit information. The Sold-To may drive pricing, credit checks, tax determination, and order entry, and it can be separate from where the goods are shipped or where the invoice is billed.

Sold-To usage is common in complex B2B arrangements, where multiple party roles exist for a single transaction. For example, a distributor may be the Sold-To party that places the order and handles payment, while the end customers receive shipments at Ship-To addresses. In electronic data interchange (EDI) and B2B portals, the Sold-To field helps route orders to the correct customer account and ensures correct invoicing and financial settlement.

Key distinctions include that Sold-To is not automatically the same as Ship-To or Bill-To, and in some agreements the Sold-To and Payer may be the same entity while in others they are different. Understanding Sold-To helps ensure accurate pricing, billing, and account management across the order lifecycle.