3 Simplified Trade Management

If you have chosen to run Trade Management in simplified mode, this means you are using it for HTS functionality, managing assessments involved in importing. You will also be able to select the Letter of Credit option for payment on a purchase order, but it is assumed you are using an external system for LC processing, as the Trade Management module for letter of credit would not be enabled.

In simplified mode, the following functionality is not available in the application:

• Foundation data such as freight type, freight size, and standard carrier alpha codes (SCAC)

• Letter of Credit

• Transportation

• Customs Entry

• Obligations

• Actual Landed Cost