on 04-21-2015 6:14 PM
Hi
Can anyone please give the difference between legal control and legal regulation.
I have little bit confusion between these two.
please provide some examples.
Hi Gopala, In legal control maintain master data and business transactions in accordance with the legal requirements for imports and exports. Also use monitoring and simulation tools that help to ensure that your business is compliant with current import and export laws. Legal control includes checking business transactions for products that require licenses, as well as the check for embargo situations for these business transactions. Activate legal control for imports and exports, along with embargo checks. Whereas the legal regulation defines how the system determines suitable export licenses based on the determination sequence, license types (which differ according to the government agency), and the export control classification number (ECCN). Legal regulations for export are based on the country of departure and should therefore be activated to check for export licenses. Legal regulations for import are based on the country of destination and should therefore be activated to check for import licenses. Ashish
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Hi Gopala,
I think this is basic question which you could find in help document.
Specifies the relevant laws, agreements, regulations, and instructions that apply to a certain country's foreign trade. A country's various foreign trade processes may require different legal regulations.
Legal Control - Import/Export - SAP Global Trade Services - SAP Library
Best regards,
Vincent
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
User | Count |
---|---|
15 | |
4 | |
2 | |
1 | |
1 | |
1 | |
1 | |
1 | |
1 | |
1 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.