Discover how to perform an import and export check using SAP BusinessObjects Global Trade Services.
Key Concept
Export and import compliance checks involve performing trade compliance checks against outbound and inbound transactions (such as sales orders, delivery notes, stock transport orders, vendor purchase orders, or inbound deliveries). Both export and import checks entail performing three trade compliance checks: screening the Sanctioned Party List, checking for embargos, and determining the proper licenses. The key difference between the export and import checks is the country key used to perform them. Export checks use the departing country’s regulations, while import checks use the destination or receiving country’s regulations.
Every business transaction that crosses a border, whether outbound or inbound, needs trade compliance checks. Compliance checks involve checking all the business partners that are in the shipping document against the Sanctioned Party List to make sure that the country being shipped to is not under embargo, and whether the product being shipped needs a license or license exemption.
