RUNNING BOND title: running bond (LO) (SAP Library - Glossary)
RUNNING BOND category: Logistics - General (LO)
RUNNING BOND explained:
An excise bond in which the bond value refers to the maximum amount of basic excise duty (BED) that can be covered at any one time.
The net bond value is reduced when you submit an ARE-1, but goes up again once you receive confirmation that the goods have been exported.
Example
You have an excise bond with a value of INR 10,000. You create an ARE-1 for an export with a BED amount of INR 8,000. The net bond value goes down to INR 2,000. When you receive confirmation that the goods have been exported, the net bond value goes back up to INR 10,000.
More terms such as running bond in Dictionary R.
- Manual Rule Builder:
- Help A wizard that pertains to the Segregation of Duties associated with the Program Authorization Groups running bond definition.
- Manual Repairable Component:
- Help equipment (especially spare parts) that are generally repaired if they become defective (unserviceable parts). This means that they return to stock after repair (serviceable parts) for use in another running bond explain.
- Manual Ranking (PA-ER):
- Help candidates based on the responses they give to the questions in a questionnaire. When a questionnaire is created, marks for the possible responses can be defined. Mandatory responses that a candidate running bond what is.
- Manual Retirement (IS-DFS):
- Help The final decommissioning of material running bond meaning.
- Manual Requested Quantity (LE-WM):
- Help A quantity requested for a transaction. This quantity can appear in a purchase order, delivery document, or similar documents in the WM system running bond abbreviation.
