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Component: SD-FT
Component Name: Foreign Trade
Description: A form used to list commodities including quantities, weight, packaging,and value that are exported to another country. It includes information on the point of origin, consignee, forwarding agent, loading pier, date of exportation, bill of lading number, mode of transport, port of export, and all otherinformation for the export shipment. This form is required in duplicate by the US government for all export shipments unless they are: Valued at US$ 2,500 or less Shipments to Canada
Key Concepts: A shipper's export declaration (SED) is a document used in international trade to provide information about the goods being shipped to foreign countries. It is required by the U.S. Department of Commerce for all shipments valued at over $2,500 and is used to track the movement of goods across international borders. The SED is also used to determine the applicable export control regulations and to ensure compliance with those regulations. How to use it: In SAP, the shipper's export declaration is managed through the SD-FT Foreign Trade component. This component allows users to create and manage SEDs, as well as other documents related to international trade such as certificates of origin and invoices. The SD-FT Foreign Trade component also provides tools for tracking shipments, managing export control regulations, and generating reports. Tips & Tricks: When creating an SED in SAP, it is important to ensure that all required information is included and that it is accurate. This includes the description of the goods being shipped, the value of the shipment, and any applicable export control regulations. Additionally, it is important to keep track of any changes made to an SED after it has been created, as these changes may affect the accuracy of the document. Related Information: For more information on shipper's export declarations and how they are managed in SAP, please refer to the SAP Help Portal or contact your local SAP support team. Additionally, more information on international trade regulations can be found on the U.S. Department of Commerce website.