What is bonded stock in SAP SD-FT - Foreign Trade?

SAP Term: bonded stock

• Component: SD-FT

• Component Name: Foreign Trade

• Description: Merchandise that has been admitted provisionally into a customs territory without payment of duties and under customs supervision for storage in a bonded warehouse or for shipment to another point.

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• Key Concepts: 
  Bonded stock is a type of inventory that is held in a customs warehouse and is subject to customs duty. It is used to store goods that are imported into a country and are not yet cleared for sale. The goods remain in the bonded warehouse until the customs duty is paid, at which point they can be released for sale. 
  
  How to use it: 
  In SAP, bonded stock is managed using the Foreign Trade (SD-FT) component. This component allows users to manage the import and export of goods, as well as the payment of customs duties. The bonded stock can be managed using the Inventory Management (IM) module, which allows users to track the quantity and value of goods in the bonded warehouse. 
  
  Tips & Tricks: 
  When managing bonded stock in SAP, it is important to ensure that all relevant documents are kept up-to-date. This includes invoices, shipping documents, and any other documents related to the import or export of goods. Additionally, it is important to ensure that all customs duties are paid on time to avoid any delays in releasing the goods from the bonded warehouse. 
  
  Related Information: 
  For more information on managing bonded stock in SAP, please refer to the official SAP documentation on Foreign Trade (SD-FT). Additionally, there are many online resources available that provide detailed information on managing bonded stock in SAP.