How Does Duty Tracker Work?
1) DutyTracker tracks Inventory movements
- DutyTracker tracks all relevant movements e.g. goods receipts/ issues, transfers, adjustments .
- The movements tracked are the actual movements (e.g. from a production order) rather than the theoretical material (from Bill of Material)
- The quantities tracked are the actual movement quantities (e.g. from a production order) rather than the theoretical quantity (from Bill of Material)
- The system has visibility of sales and returns.
- It is possible to specify a point of discharge for sub-assemblies.
- batch / lot control supported.
- All of the above is driven by auto mapping (configuration driven) of SAP inventory movements.
- The appropriate customs value is automatically calculated
- Full tracking of where material is now (quantity sensitive)
- Full visibility of movements for auditing purposes.
2) DutyTracker complies with EU Regulations
In advance of the required Duty reports being produced, DutyTracker performs a wide range of checks to ensure compliance with the Customs regulations. Any detected breaches to these regulations must be corrected in SAP so as to avoid any un-necessary penalties being incurred.
Retrospection
DutyTracker can assist you in making a retrospective claim of duties relating to duty on imported material prior to the initial installation of DutyTracker.
3) DutyTracker is consistent with SAP
- DutyTracker is an automated extension of SAP modules SD,MM and PP
- The screen design is consistent with SAP
- Reporting capabilities are consistent with SAP
- The underlying technology is consistent to SAP
Manual systems are not normally consistent.
DutyTracker avoids the need to use a manual system thereby providing a consistent, procedural, validated and visible solution in an area where (1) significant savings are potentially available and (2) non-compliance penalties are an ever-present threat.
