InterviewSolution
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What Are The Major Components Of Sap Gts? |
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Answer» The GTS consist FOUR main components: SAP Compliance Management : With SAP Compliance Management you can monitor all transactions of import and export of goods, and so comply with the legacy laws the entire process chain without any gaps. A central key is the observance of boycott lists, embargo checks, and import and export controls, which can all fully integrated into an already existing systems. SAP Customs Management : Customs related processes are handled by the SAP Customs Management, what is certified by the Customs. Key points are the product classification, customs valuation, the print out of foreign trade documents and not least the IT-based customs clearance, using a electronic communication with the customs. The electronic ATLAS system (automated tarif and local customs system), as well the european transit process NCTS (new computerised transit system) are supported by SAP GTS. This is for all exporting companies even more important, because the usage of ATLAS is OBLIGATORY since 01.07.2009 in Germany! But even more automated customs clearance systems in Europe, USA and Australia are supported by SAP GTS and has been certified already. SAP RISK Management : With SAP Risk Management the finacial risks for the company can be minimized. The use and handling of preferences (including preference calculation), export refunds, letter of credit for import and export business are supported by SAP GTS. SAP Electronic Compliance Reporting : With SAP Electronic Compliance Reporting the GTS supports the statistical reports to the authorities, which must be delivered for an INNER european trade. Depending for the country's authorithy, the data are provided in accordance to their specified data formats The GTS consist four main components: SAP Compliance Management : With SAP Compliance Management you can monitor all transactions of import and export of goods, and so comply with the legacy laws the entire process chain without any gaps. A central key is the observance of boycott lists, embargo checks, and import and export controls, which can all fully integrated into an already existing systems. SAP Customs Management : Customs related processes are handled by the SAP Customs Management, what is certified by the Customs. Key points are the product classification, customs valuation, the print out of foreign trade documents and not least the IT-based customs clearance, using a electronic communication with the customs. The electronic ATLAS system (automated tarif and local customs system), as well the european transit process NCTS (new computerised transit system) are supported by SAP GTS. This is for all exporting companies even more important, because the usage of ATLAS is obligatory since 01.07.2009 in Germany! But even more automated customs clearance systems in Europe, USA and Australia are supported by SAP GTS and has been certified already. SAP Risk Management : With SAP Risk Management the finacial risks for the company can be minimized. The use and handling of preferences (including preference calculation), export refunds, letter of credit for import and export business are supported by SAP GTS. SAP Electronic Compliance Reporting : With SAP Electronic Compliance Reporting the GTS supports the statistical reports to the authorities, which must be delivered for an inner european trade. Depending for the country's authorithy, the data are provided in accordance to their specified data formats |
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