What is restitution invoice in SAP SLL - Global Trade Services?

SAP Term: restitution invoice

• Component: SLL

• Component Name: Global Trade Services

• Description: A document created in the feeder system on which export duty refunds are based. The expected restitution amount must be transferred to finance in a restitution invoice. This invoice is then forwarded to the customs authorities and the exporter receives the duty refund.

Smart SAP Assistant

• Key Concepts: 
  A restitution invoice is a type of invoice used in SAP's Global Trade Services (GTS) component. It is used to document the return of goods or services that were previously sold to a customer. The restitution invoice is used to reverse the original sales transaction and to record the return of goods or services. 
  
  How to use it: 
  In SAP GTS, a restitution invoice is created when a customer returns goods or services that were previously sold. The restitution invoice is used to reverse the original sales transaction and to record the return of goods or services. The restitution invoice can be created manually or automatically, depending on the customer's preferences. 
  
  Tips & Tricks: 
  When creating a restitution invoice, it is important to ensure that all relevant information is included in the document. This includes the customer's name, address, and contact information; the date of the return; and any other relevant details. Additionally, it is important to ensure that all relevant taxes and fees are accounted for in the restitution invoice. 
  
  Related Information: 
  For more information about restitution invoices in SAP GTS, please refer to SAP's official documentation on Global Trade Services. Additionally, there are many online resources available that provide detailed instructions on how to create and manage restitution invoices in SAP GTS.