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Foreign Trade Regulation (AWV)

Automatic Derivation of Report-Relevant Information (LZB Indicator) at Document Level in SAP

With the statistical reporting in foreign trade, incoming and outgoing payments (transactions), the status of receivables and payables as well as direct investments must be reported monthly to the Deutsche Bundesbank. For this purpose, information relevant to reporting (LZB indicators) must be recorded in the financial accounting documents in the SAP ERP system. Therefore, our solution enables automated derivation of report-relevant information at the document level in SAP. 

Your Benefits
Functions
Scope
Requirements

Reporting Facilitation

Reduction of manual effort when recording the LZB number plate

Future-proof

Use also for future legal requirements

Quality Assurance

Machine support through derivation mechanisms

Your Benefits

Fulfilment of Reporting Obligations Made Easy

In foreign trade transactions, reporting and recording of the LZB indicator is obligatory. To fulfil the reporting obligation, the LZB indicator must be entered in all relevant documents when posting or changing documents. The solution offers comprehensive reporting facilitation for deriving the LZB indicator from master data for the customer, vendor, material and G/L account. This eliminates the need for manual changes to the financial documents after invoicing or posting of the invoice verification and manual entries for FI postings can be significantly reduced.

Functions & Features of Foreign Trade Regulation

  • Provision of additional fields in the material, customer and vendor master records as well as for the G/L account for the definition of default values for the LZB indicator
  • Automatic derivation of the LZB indicator during postings
  • Support of the exception authorization (reporting of receivables and payables instead of reporting of payments)
  • Ensuring completeness through checks
  • Ensuring the correctness of entries through fixed default values that are used for each entry
  • Flexibility through the possibility of individual adjustments

Scope

The scope of delivery includes:

  • Provision of software licence
  • Provision of relevant transport requests
  • Installation guide with description of the technical requirements as well as the necessary import steps
  • Customizing documentation with description of the necessary and optional settings for the solution
  • User documentation with a description of how the solution works
     

Available languages:

  • Solution (interface, online help and messages): English, German
  • Documentation: German, English

Requirements

SAP Release:

  • SAP S/4HANA Finance 1503 and 1605 or
  • SAP S/4HANA 1511 - 2020 (on-premise edition)
     

Specific Software Components:

  • SAP_FIN 7.20 - 7.30 or 
  • S4CORE 1.00 - 1.05
  • SAP_ABA / SAP_BASIS 7.50 - 7.5F
     

The solution requires a software maintenance agreement that includes info services and change notifications, help desk support and product updates.

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