What is bonded warehouse entry in SAP SD-FT - Foreign Trade?

SAP Term: bonded warehouse entry

• Component: SD-FT

• Component Name: Foreign Trade

• Description: A customs entry permitting goods to enter a customs warehouse. Duty is not paid until the goods leave the warehouse.

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• Key Concepts: 
  A bonded warehouse entry is a type of customs procedure in SAP Foreign Trade (SD-FT) that allows goods to be stored in a customs warehouse without paying import duties or taxes. The goods are released from the warehouse only when the importer has fulfilled all the necessary customs requirements. 
  
  How to use it: 
  In SAP, bonded warehouse entries are created using the Customs Management (FT/CUS) module. The importer must provide the necessary documents and information to the customs authorities before the goods can be released from the warehouse. The importer must also pay any applicable duties and taxes before the goods can be released. 
  
  Tips & Tricks: 
  When creating a bonded warehouse entry in SAP, it is important to ensure that all of the necessary documents and information are provided to the customs authorities. This will help to ensure that the goods can be released from the warehouse in a timely manner. 
  
  Related Information: 
  For more information about bonded warehouse entries in SAP Foreign Trade, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_FT/SAP_FT_1H2020/en-US.