What is Intrastat Valuation Based On Material Sales in SAP AP-GLO-INT - COM-Intrastat Valuation and Declaration?

SAP Term: Intrastat Valuation Based On Material Sales

• Component: AP-GLO-INT

• Component Name: COM-Intrastat Valuation and Declaration

• Description: The collecting of goods movement documents based on material sales processes legally required for Intrastat declarations.

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• Key Concepts: 
  Intrastat Valuation Based On Material Sales is a component of the SAP Intrastat Valuation and Declaration module. This component allows companies to declare the value of goods that are sold within the European Union (EU) for statistical purposes. It is based on the value of the material sales, which is determined by the price of the goods and any additional costs associated with them. 
  
  How to use it: 
  The Intrastat Valuation Based On Material Sales component can be used to declare the value of goods sold within the EU. This is done by entering the material sales price and any additional costs associated with it, such as taxes, shipping, and handling fees. The system then calculates the total value of the goods and generates a report that can be used for statistical purposes. 
  
  Tips & Tricks: 
  When using this component, it is important to ensure that all relevant information is entered accurately. This includes the material sales price, any additional costs associated with it, and any taxes or fees that may apply. Additionally, it is important to keep track of any changes in prices or costs over time, as this can affect the accuracy of the report generated by this component. 
  
  Related Information: 
  The Intrastat Valuation Based On Material Sales component is part of SAP’s Intrastat Valuation and Declaration module. This module also includes components for declaring goods sold outside of the EU, as well as components for reporting on goods received from other countries within the EU. Additionally, there are components for managing customs declarations and other related tasks.