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Component: SLL
Component Name: Global Trade Services
Description:
A model that specifies the level to which vendor declarations are aggregated during preference processing.
Key Concepts: Preference Model is a feature of SAP Global Trade Services (GTS) that allows users to define and manage preferences for different countries and regions. It enables users to define the rules and regulations for each country or region, such as tariffs, taxes, and other trade-related information. This helps to ensure compliance with local laws and regulations. How to use it: To use the Preference Model feature in SAP GTS, users must first create a preference model for each country or region. This includes defining the rules and regulations for that country or region. Once the preference model is created, users can then assign it to specific transactions or documents. This will ensure that all transactions or documents are compliant with the local laws and regulations. Tips & Tricks: When creating a preference model, it is important to ensure that all of the rules and regulations are up-to-date. This will help to ensure compliance with local laws and regulations. Additionally, it is important to review the preference model regularly to ensure that it is still valid and up-to-date. Related Information: For more information about SAP Global Trade Services (GTS) and the Preference Model feature, please visit the SAP website at https://www.sap.com/products/global-trade-services.html.