What is customs procedure in SAP SD-FT - Foreign Trade?

SAP Term: customs procedure

• Component: SD-FT

• Component Name: Foreign Trade

• Description: A process for converting customs goods to a status that allows for commercial exchange, shipping importing, domestic consumption, inward and outward processing, and exporting.

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• Key Concepts: 
  Customs procedure is a set of rules and regulations that govern the import and export of goods. It is part of the SAP SD-FT Foreign Trade component, which helps companies manage their international trade activities. Customs procedures are used to determine the duties, taxes, and other fees associated with importing and exporting goods.
  
  How to use it: 
  In SAP SD-FT Foreign Trade, customs procedures are used to define the rules and regulations for importing and exporting goods. This includes setting up the necessary documents, such as invoices, certificates of origin, and other documents required by customs authorities. The system also helps companies manage their international trade activities by providing information on tariffs, taxes, and other fees associated with importing and exporting goods.
  
  Tips & Tricks: 
  When setting up customs procedures in SAP SD-FT Foreign Trade, it is important to ensure that all necessary documents are in place. This includes invoices, certificates of origin, and other documents required by customs authorities. Additionally, it is important to ensure that all tariffs, taxes, and other fees associated with importing and exporting goods are correctly calculated.
  
  Related Information: 
  For more information on customs procedures in SAP SD-FT Foreign Trade, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to set up customs procedures in SAP SD-FT Foreign Trade.