1. SAP Glossary
  2. Global Trade Services
  3. closing portion


What is closing portion in SAP SLL - Global Trade Services?


SAP Term: closing portion

  • Component: SLL

  • Component Name: Global Trade Services

  • Description: Link of a document item in a customs declaration to the corresponding document item in the preceding document. In business transcations under customs monitoring, a company needs to provide the information which document items of the customs declaration for placing goods in a new customs procedure do close the preceding customs procedure for these document items. For doing so a reference to the document items in the proceding customs procedures must be provided in the the customs declaration for the new customs procedure.


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  • Key Concepts: 
    The closing portion is a feature of SAP SLL Global Trade Services (GTS) that allows users to close out their trade transactions. It is used to ensure that all trade documents are properly completed and that all necessary information is recorded. The closing portion also helps to ensure compliance with international trade regulations. 
    
    How to use it: 
    The closing portion of SAP GTS can be accessed through the GTS menu. Once in the closing portion, users can review and edit any existing trade documents, as well as create new ones. They can also view the status of their transactions and check for any errors or discrepancies. 
    
    Tips & Tricks: 
    When using the closing portion of SAP GTS, it is important to double-check all information before submitting it. This will help to ensure accuracy and compliance with international trade regulations. Additionally, users should be aware of any deadlines associated with their transactions and make sure to submit them on time. 
    
    Related Information: 
    For more information about the closing portion of SAP GTS, users can refer to the official SAP documentation or contact their local SAP support team. Additionally, there are many online resources available that provide detailed instructions on how to use the closing portion of SAP GTS.
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