What is SAP Global Trade Services?

SAP Global Trade Services (GTS) is software that allows companies to support and define import and export trade processes in SAP ERP.

What is the latest version of SAP GTS?

After a long wait, SAP has finally released a revamped version of GTS, called SAP GTS edition for SAP HANA in Q4 of 2020. Along with this newer version SAP has also released Service Pack 18 for SAP GTS 11.0 for existing GTS customers.

How do I access SAP GTS?

To access the GTS area menu in the SAP GTS system, enter transaction /SAPSLL/MENU_LEGAL in the command field.

What is Preference Management SAP GTS?

Preference processing in SAP GTS Risk Management helps exporters fulfill all the legal requirements for customs tariff preferences and show that their goods are eligible for preferential treatment. This enables their customers to import these goods either duty-free or at a reduced rate of import duty.

Is SAP GTS part of ECC?

SAP ECC as feeder system SAP GTS provides electronic filing of import/export declarations, product classification, preference determination, letter of credit processing and electronic compliance reporting. In ECC, all these functionalities are not available.

What is the role of SAP GTS?

SAP Global Trade Services (GTS) helps you to automate your international trade processes, manage your partners and compliance-related documents and ensure that your company monitors and complies with the ongoing revisions and amendments to international legal requirements.

How do I check my SAP GTS version?

Navigate to SAP GTS as follows: Open ‘By Alphabetical Index (A-Z)’ -> Click on letter ‘G’ -> Select ‘SAP Global Trade Services’ -> Select your version -> Select ‘Seeburger BIS 6.7 for GTS’.

Is SAP GTS part of SD?

An additional benefit is SAP GTS architecture with its extensive SD and MM integration. This enables data to be collected from SD and MM processes, which can be processed accordingly for communication with customs authorities.

What is the meaning of global trade?

Meaning of global trade in English trade in products, services, etc. between different countries: Any progress towards freer global trade depends crucially on leadership from both America and the EU. a global trade agreement/deal The European Commission said that it remained committed to a global trade deal.

How does a GTS function?

The GTS allows you to deposit one of your own Pokemon into the GTS and then choose the Pokemon you want to receive in exchange for it. If someone comes along that wants your Pokemon, and also has the Pokemon you want to receive in exchange, you’ll be matched up to complete the trade. On the Trade screen, tap “GTS.”

Is SAP GTS part of S 4 Hana?

The newly developed foreign trade functionalities in SAP S/4HANA are grouped under SAP S/4HANA for International trade. All companies that make use of the classic SAP GTS, certainly, deploy SAP GTS along with SAP S/4HANA on-premise.