What is FTZ ID in SAP SLL - Global Trade Services?

SAP Term: FTZ ID

• Component: SLL

• Component Name: Global Trade Services

• Description: Identifies a foreign-trade zone in a particular general purpose site, for example, FTZ 3 for San Francisco The general purpose site encompasses a maximum radius of 60 miles from a US American customs office of entry, the port of entry. Companies can request a foreign-trade zone of their own for a plant within this radius.

Smart SAP Assistant

• Key Concepts: 
  FTZ ID stands for Foreign Trade Zone Identification. It is a unique identifier assigned to a Foreign Trade Zone (FTZ) by the U.S. Customs and Border Protection (CBP). FTZs are designated areas in the United States where goods can be imported, stored, and re-exported without paying duties or taxes. The FTZ ID is used to identify the FTZ when filing documents with CBP. 
  
  How to use it: 
  The FTZ ID is used in SAP’s Global Trade Services (GTS) component to identify the FTZ when filing documents with CBP. The FTZ ID is entered into the GTS system when creating an FTZ document, such as an entry summary or entry/exit report. The FTZ ID is also used when creating an export declaration for goods that are being exported from an FTZ. 
  
  Tips & Tricks: 
  When entering the FTZ ID into GTS, make sure to double-check that it is correct. Incorrect or missing FTZ IDs can lead to delays in processing documents with CBP. 
  
  Related Information: 
  For more information on Foreign Trade Zones and how to use them in SAP GTS, please refer to the SAP Help Portal or contact your local SAP support team.