What is paper-based processing trade in SAP SLL - Global Trade Services?

SAP Term: paper-based processing trade

• Component: SLL

• Component Name: Global Trade Services

• Description: A variation of the processing trade customs procedure. Paper-based processing trade is structured as follows: Record database Used to record all allowed goods and to submit applications for said goods in accordance with legal requirements. The finished products and components are registered as per their ten-digit HS codes. Paper-based handbook A set of instances of the record database used to declare to the customs authority the finished products and components according to their ten-digit HS codes. The relationship between finished products and components is defined and registered using a bill of products. The customs import and export declarations that use the Processing Trade customs procedure must specify the handbook registration number of the paper-based handbook that applies to the legal entity submitting the declarations. The paper-based handbook specifies the value and quantity for each component. A legal entity can have multiple paper-based handbooks, which can be used to

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• Key Concepts: 
  Paper-based processing trade is a component of SAP's SLL Global Trade Services. It is a set of tools and services that enable companies to manage their global trade operations more efficiently. This includes managing the paperwork associated with international trade, such as customs documents, shipping documents, and other related documents. 
  
  How to use it: 
  Paper-based processing trade can be used to streamline the process of managing international trade operations. It provides tools for managing the paperwork associated with international trade, such as customs documents, shipping documents, and other related documents. It also provides services for managing the logistics of international trade, such as tracking shipments and managing inventory. 
  
  Tips & Tricks: 
  When using paper-based processing trade, it is important to ensure that all paperwork is properly filled out and submitted in a timely manner. Additionally, it is important to keep track of all shipments and inventory in order to ensure that everything is running smoothly. 
  
  Related Information: 
  SAP's SLL Global Trade Services also includes other components such as electronic data interchange (EDI) and global trade compliance (GTC). EDI enables companies to exchange data electronically with their trading partners, while GTC helps companies comply with international trade regulations.