What is 'negotiable document' in SAP SD-FT - Foreign Trade?

negotiable document - Overview

• Component: SD-FT

• Component Name: Foreign Trade

• Description: A document that can be used to claim title to the cargo, as in a "negotiable instrument." For example, a negotiable truck bill of lading, like an ocean bill of lading issued "to order," constitutes title to the goods.

negotiable document - Details

• 
  Key Concepts: 
  A negotiable document is a document used in foreign trade that is legally binding and can be transferred from one party to another. It is used to facilitate the exchange of goods and services between two parties. In SAP, the SD-FT Foreign Trade component is used to manage negotiable documents. 
  
  How to use it: 
  In SAP, the SD-FT Foreign Trade component is used to manage negotiable documents. This includes creating, editing, and deleting documents, as well as tracking their status. The component also allows users to view and print documents, as well as generate reports on them. 
  
  Tips & Tricks: 
  When creating a negotiable document in SAP, it is important to ensure that all of the necessary information is included. This includes the name of the parties involved, the date of the document, and any other relevant details. Additionally, it is important to ensure that all of the information is accurate and up-to-date. 
  
  Related Information: 
  The SD-FT Foreign Trade component in SAP also allows users to manage other types of documents related to foreign trade, such as export/import declarations and certificates of origin. Additionally, users can use the component to manage customs processes and tariffs.