Practical Guide to SAP GTS: Part 2: Preference and Customs Management

Price: $29.95
(as of Dec 20,2024 18:12:56 UTC – Details)

Publisher ‏ : ‎ CreateSpace Independent Publishing Platform (February 24, 2016)
Language ‏ : ‎ English
Paperback ‏ : ‎ 299 pages
ISBN-10 ‏ : ‎ 1530060052
ISBN-13 ‏ : ‎ 978-1530060054
Item Weight ‏ : ‎ 2.31 pounds
Dimensions ‏ : ‎ 6 x 0.68 x 9 inches

In part 2 of our Practical Guide to SAP GTS series, we will be focusing on Preference and Customs Management. These modules in SAP GTS are essential for companies involved in international trade to ensure compliance with trade regulations and take advantage of preferential trade agreements.

1. Preference Management:
Preference Management in SAP GTS allows companies to manage and track preferential trade agreements (PTAs) to reduce or eliminate duties on imported goods. By defining rules and conditions for each PTA, companies can determine the eligibility of their products for preferential treatment.

Key features of Preference Management include:
– Automatic determination of preferential origin based on product attributes
– Monitoring of usage limits for preferential tariffs
– Integration with customs declarations for seamless compliance

2. Customs Management:
Customs Management in SAP GTS helps companies streamline customs processes by automating the creation and submission of customs declarations. By integrating with customs authorities and customs brokers, companies can ensure accurate and timely clearance of goods at borders.

Key features of Customs Management include:
– Electronic filing of import and export declarations
– Integration with customs brokers for real-time updates on clearance status
– Audit trails and reporting for customs compliance

By leveraging Preference and Customs Management modules in SAP GTS, companies can enhance their global trade operations and reduce the risk of non-compliance with trade regulations. Stay tuned for the next part of our series, where we will explore Trade Compliance and Risk Management in SAP GTS.
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