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

SAP Term: reimbursement

• Component: SD-FT

• Component Name: Foreign Trade

• Description: The refunding of all or part of customs duties paid for importing or exporting goods.

Smart SAP Assistant

• Key Concepts: 
  Reimbursement is a process in SAP Foreign Trade (SD-FT) that allows companies to recover costs associated with international trade transactions. This includes costs such as customs duties, taxes, and other fees. Reimbursement is typically done through a third-party provider, such as a bank or freight forwarder.
  
  How to use it: 
  In SAP Foreign Trade, reimbursement is handled through the Reimbursement Management (RM) module. This module allows companies to track and manage their reimbursement requests, as well as view the status of their requests. Companies can also use the RM module to generate reports on their reimbursement activities.
  
  Tips & Tricks: 
  When setting up reimbursement in SAP Foreign Trade, it is important to ensure that all relevant information is entered correctly. This includes the type of transaction, the amount of reimbursement requested, and any other relevant details. Additionally, it is important to ensure that all documents related to the transaction are properly filed and stored for future reference.
  
  Related Information: 
  For more information on reimbursement in SAP Foreign Trade, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed instructions on how to set up and manage reimbursement in SAP Foreign Trade.