on 12-28-2009 1:39 AM
All SAP Gurus,
What is the different between Global trade Service (GTS) & Foreign Trade ? Thanks.
Hi,
Foriegn trade component comes in/with ERP,which covers Import/Export activities
And Global Trade Services is seprate Enterprise application, which covers all the global trade activities including Import/export.
Kapil
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Hi,
SAP Global Trade Services (SAP GTS)
Automates global trade processes and enables you to manage large numbers of business partners, and high volumes of documents while also helping you to comply with changing legal regulations. It facilitates gloabl trade by providing you with the tools you require to respond to governments modernizing their systems and to customs authorities communicating electronically with businesses.
SAP GTS also helps you to avoid costly delays in your import and export processes and allows you to respond quickly to global business opportunities while mitigating financial risks.
SAP GTSconsists of the following key capabilities:
SAP Compliance Management
· Sanctioned party list screening
· Export legal control
· Import legal control
SAP Customs Management
· Customs processing
· Transit procedures
· Trade document printing
· Customs communications
SAP Risk Management
· Restitution handling
· Preference processing
SAPu2019s R/3 Foreign Trade application enables you to
Manage import and export processes, integrating them efficiently into the supply chain
Automatically identify licensing requirements for importing and exporting goods based on current regulations
Simplify reporting with automatic procedures for creating, printing and submitting declarations
Determine which of your products qualify for preference handling
Provide an active interface for sending or retrieving data via internationally available EDI systems and other electronic media
Update or change data in all relevant foreign trade documents at any time prior to the final goods issue. Even after you have posted the goods issue, you can still change data in the invoice.
Kapil
Hi,
What is SAP GTS?
The SAP purpose is stated as follows: "SAP Global Trade Services (SAP GTS) automates global trade processes and enables you to manage large numbers of business partners, and high volumes of documents while also helping you to comply with changing legal regulations. It facilitates gloabl trade by providing you with the tools you require to respond to governments modernizing their systems and to customs authorities communicating electronically with businesses.
SAP GTS also helps you to avoid costly delays in your import and export processes and allows you to respond quickly to global business opportunities while mitigating financial risks."
SAP GTS has the following high level features:
Compliance Management
Sanctioned party list screening
Export and Import legal control
Customs Management, Processing and Communications
Transit procedures
Trade document printing
Risk Management
Restitution handling
Preference processing
Best Practices for SAP GTS
SAP Global Trade Services helps companies manage all complexities of international trade including full regulatory compliance, interactions with customs and management of risk while trading on a global basis.
The SAP Global Trade Services (SAP GTS) packaged composite application is built on the SAP NetWeaver platform, an open and scalable technology platform. SAP GTS consists of separate modular components: SAP Compliance Management, SAP Customs Management, and SAP Risk Management. These components give businesses a competitive advantage by helping them speed import and export processes, mitigate risks, and comply with international regulations.
SAP Compliance Management -- Manages international trade compliance issues in three primary areas: sanctioned party list screening, license management, and embargo checking
SAP Customs Management -- Facilitates interactions between your enterprise and customs agencies, driving the efficient movement of goods and information across international borders
SAP Risk Management -- Provides mechanisms to ensure that all parties involved in cross-border trade meet their contractual obligations and helps mitigate financial risks while trading on a global basis
SAP Best Practices for High Tech offers a preconfigured scenario for each of these three components.
H94: SAP Global Trade Services (GTS) - Compliance Management
H42: Configuration SAP GTS
H96: SAP Global Trade Services (GTS) - Risk Management
H95: SAP Global Trade Services (GTS) - Customs Management
Wheread
SAPu2019s R/3 Foreign Trade application enables you to:
Manage import and export processes, integrating them efficiently into the supply chain
Automatically identify licensing requirements for importing and exporting goods based on current regulations
Simplify reporting with automatic procedures for creating, printing and submitting declarations
Determine which of your products qualify for preference handling
Provide an active interface for sending or retrieving data via internationally available EDI systems and other electronic media
Update or change data in all relevant foreign trade documents at any time prior to the final goods issue. Even after you have posted the goods issue, you can still change data in the invoice.
See the below link for more detaiils:
http://help.sap.com/saphelp_47x200/helpdata/en/d8/2585347860ea35e10000009b38f83b/frameset.htm
Regards,
Saju.S
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GTS & Foreign Trade both refers to the same understanding of 'doing business between cross borders".
In SAP - Foreign Trade is an inbuilt functionality but it has limited advantages compared with GTS system.
GTS is a seperate domain which captures a lot of information from ECC & does necessary checking like
- Compliance
- Customs &
- Risk Management
Each of the above has enough functionality in GTS incomparision with ECC_Foreign Trade Mgmt.
~Veera
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Hi Experts,
I have the following 2 requirements from our client without using the GTS module and using the SAP R/3 Foreign Trade functionality:
The following are two are the major restrictions in Exports applicable if selling from Malaysia:
1. No export of any product to any customer based in Israel (In SAP, this means the Ship-to party is from Israel).
2. No export for a particular product to Myanmar, only in case that particular product is imported from USA and there exist an embargo restriction to export this product to Myanmar.
Can you tell if this requirement can be mapped using the standard FT configuration and master data settings?
Thanks,
Sameer
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