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

SAP Term: quota

• Component: SD-FT

• Component Name: Foreign Trade

• Description: A maximum quantity of a product that can enter the country each year. Such goods can never be imported to the US under informal entry. Quotas regulate the quantities of some products such as animal feeds, candies, chocolates, cotton, dairy products, peanuts, sugar, and textiles.

Smart SAP Assistant

• Key Concepts: 
  A quota is a limit set by a government on the amount of goods that can be imported or exported within a certain period of time. In SAP Foreign Trade, quotas are used to control the import and export of goods and services. Quotas are typically set by governments to protect domestic industries, regulate trade, or to comply with international agreements. 
  
  How to use it: 
  In SAP Foreign Trade, quotas are used to control the import and export of goods and services. Quotas can be set up in the system by entering the quota number, description, start date, end date, and other relevant information. The system will then automatically check if the quota is valid for the goods being imported or exported. If the quota is valid, the system will allow the goods to be imported or exported. 
  
  Tips & Tricks: 
  When setting up a quota in SAP Foreign Trade, it is important to ensure that all relevant information is entered correctly. This includes the quota number, description, start date, end date, and other relevant information. Additionally, it is important to ensure that the quota is valid for the goods being imported or exported. 
  
  Related Information: 
  For more information on quotas in SAP Foreign Trade, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_FT/SAP_FT_1H2020/en-US