FZ.71: FTZ Annual Report

Business Benefits

The Annual Report provides you with the following information regarding your Foreign Trade Zone for submission to Third Parties and as a tool to answer queries and formulate Management decisions.

• Opening and Ending Balances
• Movement from/to your FTZ and other Countries
• Variances between Domestic and Foreign Status Goods for Adjustments and Transfers
• Top 5 Foreign Countries from which Stock is Received

Note: For related documentation and workflows, see FZ - Foreign Trade Zone.

Usage

Use this Job to print the Annual Report for your FTZ's defined period. Upon acceptance of the report the system will purge the FTZ details and retain the period's closing balances as the opening balances for the next period.

The system will also reset the Period Dates (initial Last Year's dates, copy Current Year's dates to the Last Year's dates, copy Next Year's dates to the Current Year's dates) in the program FZ.90 [Annual Report Date Setup].

Note: Closing Balances carried over as Opening Balances in the next period may also be viewed in the above Job.

Preconditions

Prior to running this Report any opening balances for FTZ Status values must be entered (in the event the FZ system was started after the beginning of the reporting period) and the reporting periods must be defined the programs FZ.91 [Maintain Opening Balance Value] and FZ.90 [Annual Report Date Setup].

Subsequent Actions

After printing and accepting this report you must enter the Next Year's period dates in the program FZ.90 [Annual Report Date Setup]