SAP's Foreign Trade/Customs application (FT) is

• Cost effective
• Easy to use
• Integrated with the total SAP system

Official customs brokers are licensed by the customs service to assist you with import and export transactions. They have the responsibility to ensure that all foreign trade customs procedures are followed completely and comply to legal regulations. They also ensure that the duties collected from your company are turned over to the government when they become due.

Although the services of a customs broker replace the need for your company to handle the necessary tasks associated with foreign trade, they can be very costly.

SAP's FT system incorporates all of the necessary checks and balances necessary to ensure that your import and export transactions are handled lawfully and that the duties owed to the customs authorities are calculated instantly and accurately.

FT incorporates the latest technology to ensure that everything you need to do to handle your foreign trade transactions are at your fingertips. FT includes customizing wizards to assist you in configuring your system to match your needs and provide easy to use access to foreign trade information. For each main area in foreign trade, a cockpit has been designed that allows you to access all the transactions necessary for that particular application area.

The Foreign Trade cockpits include:

FT is integrated fully into all relevant SAP System components. It is integrated with Materials Management (MM) to handle goods receipts and imports and with Sales and Distribution (SD) for accurately processing the foreign trade requirements associated with goods issues and exports. In the area of documentary payments, it is also integrated with the Financial Accounting application component.