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

SAP Term: customs quota

• Component: SD-FT

• Component Name: Foreign Trade

• Description: Weight or quantity limitations that are imposed on the import of goods into a customs territory for a particular period of time.

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• Key Concepts: 
  Customs quota is a feature of SAP's SD-FT Foreign Trade component that allows companies to manage their import and export activities. It enables companies to track and monitor the quantity of goods that can be imported or exported within a certain period of time. The quota is set by the government and is based on the type of goods being imported or exported.
  
  How to use it: 
  In SAP, customs quota can be managed by setting up a quota arrangement in the system. This involves entering the details of the goods being imported or exported, such as the type, quantity, and period of validity. Once this is done, the system will automatically calculate the available quota for each item and alert users when the quota has been reached.
  
  Tips & Tricks: 
  It is important to keep track of the available customs quota in order to ensure that all import and export activities are compliant with government regulations. It is also important to ensure that all relevant information is entered accurately into the system in order to avoid any potential issues.
  
  Related Information: 
  For more information on customs quota in SAP, please refer to the official SAP documentation on SD-FT Foreign Trade. Additionally, there are many online resources available that provide detailed information on how to set up and manage customs quota in SAP.