SAP Global Trade Services

Discover the Financial Aspects of Trade Compliance with GRC Global Trade Services

Although SAP GRC Global Trade Services works very closely with logistics and interfaces with supply chain processes, it affects Financial Accounting in a number of ways as well. Learn how the functionality affects finance functionality and features directly and indirectly. Key Concept GRC Global Trade Services supports the production of international shipping documentation, including commercial...…

• SAP Accounting

Track Intercompany Loans Using SAP’s Transaction Manager Module: Part I

Learn the process flow, the integration points with other SAP modules, and the advantages of using SAP’s Transaction Manager for intercompany loans. Key Concept Intercompany loans are loans made from one business unit of a company to another, for various reasons. It is important to remember that intercompany loans are an asset (an investment) in one entity and...…

Manage NAFTA Trade Preference to Mitigate Risk with SAP BusinessObjects Global Trade Services

In growing globalization, free trade agreements provide a comparative advantage for companies engaged with business within a specific trade zone. Implementation of the North American Free Trade Agreement (NAFTA) with SAP BusinessObjects Global Trade Services creates a combined solution to mitigate risk, better manage the process life cycle, and automatically deliver NAFTA certificates to customers....…

Set Up Preference Processing to Delineate Customs Tariff Priorities and Manage Risk with Global Sourcing

This walk-through of the configuration steps for Preference Processing within SAP GRC Global Trade Services Risk Management shows how to address tariff preferences in your trade application and systems. It includes setting up the communication between SAP GRC Global Trade Services and SAP ERP Central Component. Key Concept Duty and restriction applies to goods imported...…

Automate Your Import Filing to Reduce Compliance Costs with SAP BusinessObjects Global Trade Services

Companies have to deal with the import of goods into their country and the declarations that go along with importing. To improve on efficiency, reduce costs in your compliance process, and avoid delays in customs clearance, you can automate your import declarations using functionality in SAP BusinessObjects Global Trade Services. Key Concept Import filing to...…

Simplify Your Bonded Warehouse Reporting with SAP BusinessObjects Global Trade Services

Understand how to configure and set up bonded warehouse with SAP BusinessObjects Global Trade Services and SAP ERP Central Component. In doing so, you can meet the requirement of recording transactions and movement of goods within the free trade zone or bonded area with your logistics system. Key Concept When goods are imported into a...…

Issue Certificates of Origin by Using Preference Processing Functionality in SAP BusinessObjects Global Trade Services 8.0

Learn how SAP BusinessObjects Global Trade Services issues certificates of origin or vendor declarations for claiming reduced customs duties on your products subject to North American Free Trade Agreement (NAFTA) or European Union (EU) trade regulations. See how the enhanced archiving capabilities for preference determination are used for audits. Also, learn what preference processing configuration...…

Meet Your EU Compliance Requirements by Enabling Electronic Intrastat Reporting

Learn how to configure SAP ERP Central Component for identification and transfer of transactions for Intrastat reporting to SAP BusinessObjects Global Trade Services. Then you can set up SAP Electronic Compliance Reporting (SAP ECR) for reporting on goods shipped within and outside the European Union. Key Concept SAP Electronic Compliance Reporting (SAP ECR) is a...…

• SAP Accounting

Track Intercompany Loans Using SAP’s Transaction Manager Module: Part 2

Learn the configuration steps needed for the intercompany loans process outlined in the article “Track Intercompany Loans Using SAP’s Transaction Manager Module, Part 1.” The configuration is in line with the process described in part 1 of this article. Key Concept When companies reach a more complex size, they often need to implement financing processes...…

Understand the Archiving Capabilities and the Standard Archival Objects of SAP Global Trade Services

/GRCLearn how to archive data from the SAP Global Trade Services system, which contains all the trade-relevant compliance and customs data, without affecting any feeder systems (SAP or non-SAP) that are connected to it. See how archiving that data enhances system efficiency and boosts performance, resulting in lower operational costs. Key Concept Transaction SARA, also...…