What is simplified declaration procedure in SAP SD-FT - Foreign Trade?

SAP Term: simplified declaration procedure

• Component: SD-FT

• Component Name: Foreign Trade

• Description: A process in which an exporter enters only necessary information in the declaration and submits it to customs authorities. At the end of the month, the necessary details are included in a combined declaration and sent to the main customs office.

Smart SAP Assistant

• Key Concepts: 
  The Simplified Declaration Procedure (SDP) is a procedure used in SAP Foreign Trade (SD-FT) that simplifies the process of declaring goods for export or import. It allows companies to declare goods with fewer documents and less paperwork than the standard declaration procedure. 
  
  How to use it: 
  In order to use the SDP, companies must first register with the customs authority in their country. Once registered, they can then use the SDP to declare goods for export or import. The process involves entering the necessary information into SAP, such as the type of goods being declared, the quantity, and the destination. Once this information is entered, SAP will generate a declaration form that can be submitted to the customs authority. 
  
  Tips & Tricks: 
  When using the SDP, it is important to ensure that all of the necessary information is entered correctly. This includes not only the type of goods being declared, but also any additional information that may be required by the customs authority. Additionally, it is important to keep track of any changes in regulations or procedures that may affect how goods are declared. 
  
  Related Information: 
  The SDP is part of SAP Foreign Trade (SD-FT). Other components of SD-FT include Export Control, Import Control, and Export/Import Processing. Additionally, there are several other tools available in SAP that can help companies manage their foreign trade activities, such as Customs Management and Global Trade Services.