What is export declaration in SAP SD-FT - Foreign Trade?

SAP Term: export declaration

• Component: SD-FT

• Component Name: Foreign Trade

• Description: A declaration to the customs authority for exporting goods according to legal requirements.

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• Key Concepts: 
  Export declaration is a document that is required by customs authorities in order to export goods from one country to another. It is used to provide information about the goods being exported, such as the type of goods, quantity, value, and destination. In SAP, export declarations are managed through the SD-FT Foreign Trade component. 
  
  How to use it: 
  In SAP, export declarations are created and managed through the SD-FT Foreign Trade component. This component allows users to create and manage export declarations for goods being exported from one country to another. The user can enter information about the goods being exported, such as the type of goods, quantity, value, and destination. Once the export declaration is created, it can be submitted to the relevant customs authorities for approval. 
  
  Tips & Tricks: 
  When creating an export declaration in SAP, it is important to ensure that all of the information entered is accurate and up-to-date. This will help ensure that the export declaration is approved by customs authorities quickly and without any issues. Additionally, it is important to keep track of all export declarations in order to ensure that they are properly managed and updated when necessary. 
  
  Related Information: 
  In addition to managing export declarations in SAP, users can also use the SD-FT Foreign Trade component to manage other aspects of international trade such as import/export regulations, tariffs, and taxes. Additionally, users can use this component to track shipments and monitor their progress throughout the entire process.