What is domestic goods in SAP SD-FT - Foreign Trade?

SAP Term: domestic goods

• Component: SD-FT

• Component Name: Foreign Trade

• Description: A status of merchandise Domestic goods include merchandise that has been: Grown, produced, or manufactured in a customs territory on which all internal revenue taxes have been paid Imported and on which all applicable duties and internal revenue taxes have been paid Domestic merchandise can be returned to the Customs territory free of duty and taxes.

Smart SAP Assistant

• Key Concepts: 
  Domestic goods are goods that are produced and sold within the same country. In SAP, domestic goods are managed through the SD-FT Foreign Trade component. This component allows companies to manage their domestic goods in a way that is compliant with local laws and regulations. 
  
  How to use it: 
  The SD-FT Foreign Trade component allows companies to manage their domestic goods in a way that is compliant with local laws and regulations. This includes tracking the origin of the goods, managing taxes and duties, and ensuring compliance with export/import regulations. The component also provides tools for managing pricing, discounts, and other related activities. 
  
  Tips & Tricks: 
  When using the SD-FT Foreign Trade component, it is important to ensure that all data is accurate and up-to-date. This will help ensure compliance with local laws and regulations. Additionally, it is important to regularly review the data to ensure that it is still accurate and up-to-date. 
  
  Related Information: 
  For more information on the SD-FT Foreign Trade component, please refer to the SAP Help Portal or contact your local SAP representative. Additionally, there are a number of online resources available that provide detailed information on how to use this component.