What is customs procedure in SAP SLL - Global Trade Services?

SAP Term: customs procedure

• Component: SLL

• Component Name: Global Trade Services

• Description: A process for converting customs goods to a status that allows for commercial exchange, shipping importing, domestic consumption, inward and outward processing, and exporting.

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• Key Concepts: 
  Customs procedure is a set of rules and regulations that govern the import and export of goods. It is used to determine the duties, taxes, and other fees that must be paid when goods are shipped across international borders. The SAP SLL Global Trade Services component provides a comprehensive set of tools to help companies manage their customs procedures.
  
  How to use it: 
  The SLL Global Trade Services component provides a range of features to help companies manage their customs procedures. These include the ability to create and manage customs documents, such as invoices, declarations, and certificates of origin; the ability to track shipments and monitor their progress; and the ability to generate reports on customs activities.
  
  Tips & Tricks: 
  When using the SLL Global Trade Services component, it is important to ensure that all documents are accurate and up-to-date. This will help to ensure that shipments are processed quickly and efficiently. Additionally, it is important to keep track of any changes in customs regulations or procedures, as these can have an impact on the cost of shipping goods.
  
  Related Information: 
  The SLL Global Trade Services component is part of SAP's Logistics Execution (LE) module. Other components in this module include Warehouse Management (WM), Transportation Management (TM), and Event Management (EM). Additionally, SAP offers a range of other solutions for managing global trade activities, such as its Global Trade Services (GTS) suite.