SAP GTS (Global Trade Services) Interview Questions
SAP Global Trade Services (SAP GTS) Interview QuestionsThis blog helps to revise SAP GTS technology and helps to brush up your memory. SAP GTS is an advanced global trade management software solution.
It streamlines international commerce by centralizing customs compliance, logistics management, and documentation tasks into one system.
SAP GTS’ ability to integrate seamlessly with ERP and CRM systems makes it ideal for overseeing trade transactions throughout an enterprise. Businesses may easily track trade performance as they improve with powerful reporting and analytics provided by this software solution.
1.What is SAP Global Trade Services (SAP GTS)?
SAP Global Trade Services (SAP GTS) is a system designed to help companies manage global trade operations, ensure ongoing trade compliance, and optimize cross-border supply chain movement.
2.Who can learn SAP GTS?
Anyone can learn SAP GTS without any restrictions. However, those already working in SAP companies, those with basic knowledge of SAP software, and those without experience can also learn SAP GTS.
3.What are the benefits of using SAP GTS?
SAP GTS offers several benefits, including compliance management, customs management, risk management, integration with other SAP modules, and data analytics tools.
4.What are the three sub-modules of the compliance management module provided by CP GTS?
The three sub-modules of the compliance management module provided by CP GTS are embargo checks, sanctioned party list screening, and legal control checks.
5.What is the SPL screen?
The SPL screen, also known as the sanctioned party list, is a list of individuals or entities with whom trade is prohibited by law.
6.What is SAP GTS and what are its main modules?
SAP GTS is a module developed by SAP to support the international movement of goods. The main modules of SAP GTS are compliance management, customs management, and bonded warehouse IPROP.
7.What is compliance management in SAP GTS and what does it involve?
Compliance management in SAP GTS involves compliance with embargo lists, which are lists of countries with which businesses cannot trade directly or indirectly.
SAP M sanction party list screen screens all business partners, customers, and vendors against SPF to ensure compliance with customs authorities’ rules and regulations.
8.What is customs management in SAP GTS and what does it involve?
Customs management in SAP GTS includes export processes, such as presenting goods to customs authorities before crossing borders, and import processes, such as importing goods and declaring shipment.
Special customs procedures, such as bonded warehouse IPROP, are also part of GTS 1.0.
9.What is bonded warehouse IPROP and how does it work?
Bonded warehouse IPROP helps import goods without paying import duties and taxes, reducing costs for international purchases. This is particularly useful in European Union countries where import duties can be high.
10.What is the Foreign Trade Zone (FTZ) and what are its features?
The Foreign Trade Zone (FTZ) is a new functionality available in the 1.0 version that US companies are planning to implement.
It supports various exporting countries, including the UK and Asia-specific countries, by requiring specific documentation such as commercial invoices, shippers’ letters of instructions, and packing lists.
Additionally, the FTZ includes trade document services for exporting to the US, product classification for overall customs management, risk management, preference management, restitution, and letter of credit process.
11.Why is it important for companies to upgrade their systems to better meet the evolving needs of their global operations?
Companies need to upgrade their systems to better meet the evolving needs of their global operations because SAP is transitioning to SAP 4 Hana.
Upgrading to the latest version of the system will help companies stay compliant with international trade laws and regulations, manage customs and risk more effectively, and improve their overall business operations.
12.What is the role of a SDP consultant in GTS?
An SDP consultant in GTS needs to work on the import part of GTS, as there is no bifurcation between the two systems, which allows them to understand business requirements easily.
13.Is it possible to transfer data to a detailed system in the GTS system?
It is doubtful if it is possible to transfer data to a detailed system in the GTS system.
14.Can a logistical logic logical system group be used for companies with multiple feeder systems?
Yes, a logistical logical system group can be used for companies with multiple feeder systems, such as Roche Diagnostics.
15.How is the communication process between the ECC system or S4ana system and the GTS system maintained?
The communication process between the ECC system or S4ana system and the GTS system is maintained by connecting the systems, specifying the system name, address, host number, and pin, and assigning the ECC logical system to the GTS logical system for R F C calls.
16.What are the three types of data that are transferred during master data transfer in the GTS system?
The three types of data that are transferred during master data transfer in the GTS system are customer, material, and vendor data.
17.What is custom support in GTS?
Customer support is a business partner in GTS that is responsible for transferring customers and materials when needed.
18.What is the transition data perspective in GTS?
The transition data perspective in GTS involves creating custom documents such as sales orders, outbound deliveries, and billing documents.
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19.How can you transfer master data from SAP ECC or SAP S/4 HANA to GTS?
To transfer master data from SAP ECC or SAP S/4 HANA to GTS, you can use the change pointer functionality. Go to the GTS area menu function code and select “Basic settings.”
20.What is the initial transfer master data function?
The initial transfer master data function is a simpler method for transferring master data between systems, which is easier to track and manage due to different users’ locations.
21.How can you prevent manual internet transfers?
Change pointers can be used to transfer all master data from PCC to GTA systems. The first function code is to activate change pointers globally.
22.What documents are required to complete a customs declaration in GTS?
Other data is required to complete the customs declaration, and by default, some documents are created in GTS that are not available in ECC.
23.How do FTO mapping and legal unit mapping work in GTS?
In GTS, different license numbers cannot be assigned to a single company, as they play a vital role in communicating with customs authorities.
24.What is the role of the foreign organization in SAP GTS?
There will be one foreign organization as the authorized business partner, and all company codes must be assigned to these foreign organizations.
25.What is the importance of mapping in GTS?
Mapping is important because the same company code cannot be assigned to more than one foreign organization.
26.What is risk management in business operations?
Risk management is an additional aspect that may involve dead agreements, preference management, or destitution for agriculture-resistant products.
27.How do external services management and GTS work together?
External services management can be mapped to GTS at the international level, allowing for the creation of custom declaration documents at the country level.
28.What is compliance management in GTS?
Compliance management in GTS involves sanction party list screening, embargo, export-import legal control, and product classification.
29.What is Global Trade Services (GTS)?
Global Trade Services (GTS) is a service for global trade that involves trading goods or services from other countries. It helps companies manage their foreign trade processes by providing features that are not available in foreign trade.
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30.What is customs management in SAP GTS and what does it involve?
Customs management in SAP GTS includes export processes, such as presenting goods to customs authorities before crossing borders, and import processes, such as importing goods and declaring shipment. Special customs procedures, such as bonded warehouse IPROP, are also part of GTS 1.0.
Hope you had a good revision with the questions and let’s try withMCQskeep going!!!
1.What is the full form of GTS?
1.General Trade System
2.Global Trade System
3.General Trade Services
4.Global Trade Services
2.what was the first version number of GTS released by SAP?
1. 4.0
2. 3.0
3. 1.0
4. 2.0
3.What are the three main pillars of GTS architecture?
1. Compliance management, customs management, and risk management
2. Legal control, embargo control, and license control
3. Export management, import management, and preference management
4. Shipment management, declaration management, and document management
4.What is the purpose of using change pointers?
1.To configure the RFC connection
2.To transfer transaction data from GTS to ECC
3.To test the connection between ECC and GTS
4. To transfer master data from ECC to GTS
5.What is the naming convention stated in the text for defining logical systems?
1. System name followed by CLNT and client number
2. Client number followed by system name
3. System name followed by CLNT
4. System name only
6.What type of system is SAP GTS?
1. part of the S4 HANA system
2. standalone system
3. part of the ECC system
4. integrated system
7.What is the purpose of using logical system groups?
1. To manage multiple feeder systems and categorize data
2. To transfer master data
3. To configure system communication
4. To test RFC connections
8.What are the three pillars of SAP GTS architecture?
1. Financial accounting, controlling, and asset management
2. Sales management, purchase management, and delivery management
3.Compliance management, customs management, and risk management
4. Material management, vendor management, and production planning
9.What is the process called when goods are imported without paying import duties?
1.Import tax waiver (ITW)
2.Inward process relief (IPR)
3.Outward process relief (OPR)
4. Duty suspension regime (DSR)
10.What is the purpose of preference management in SAP GTS?
1.To provide pricing discounts
2. To classify product preferences
3. To mitigate risks from late payments and production delays
4. To manage relationships with preferred customers
Conclusion
SAP GTS is an extensive software solution that aims to streamline global trade management for businesses of any kind, offering efficient trade procedures while increasing effectiveness and efficiency.
Businesses interested in streamlining trade processes while increasing efficiency should explore all its features, capabilities, and benefits before making their decision.
Integrating SAP GTS with ERP and CRM makes managing trade transactions across an enterprise seamless, as well as offering sophisticated reporting and analytics to evaluate trade performance and identify areas for improvement.
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Harsha Vardhani
Author