What is application status in SAP LO-GT - Global Trade Management?

SAP Term: application status

• Component: LO-GT

• Component Name: Global Trade Management

• Description: A status that controls the step-by-step process flow in the trading contract, the central document.

Smart SAP Assistant

• Key Concepts: 
  Application status is a feature of SAP's Global Trade Management (LO-GT) component that allows users to track the progress of their applications. It provides an overview of the current status of an application, including the date it was submitted, the current stage of processing, and any relevant notes or comments.
  
  How to use it: 
  To use application status, users must first log into their SAP system and navigate to the LO-GT component. Once there, they can select the “Application Status” option from the menu. This will open a page that displays all of the applications that have been submitted, along with their current status. Users can then click on an individual application to view more detailed information about its progress.
  
  Tips & Tricks: 
  When using application status, it is important to keep track of any changes in the status of an application. This can be done by regularly checking the page for updates or by setting up notifications to be sent when a change occurs. Additionally, users should make sure to read any notes or comments associated with an application as they may contain important information about its progress.
  
  Related Information: 
  For more information about application status and other features of SAP's Global Trade Management component, users can refer to SAP's official documentation or contact their local SAP support team. Additionally, there are many online resources available that provide tutorials and tips for using LO-GT.