What is Intrastat Valuation Standard in SAP AP-GLO-INT - COM-Intrastat Valuation and Declaration?

SAP Term: Intrastat Valuation Standard

• Component: AP-GLO-INT

• Component Name: COM-Intrastat Valuation and Declaration

• Description: The collecting of goods movement documents legally required for Intrastat declarations.

Smart SAP Assistant

• Key Concepts: 
  Intrastat Valuation Standard is a component of the SAP system that helps companies comply with the European Union’s Intrastat regulations. Intrastat is a statistical system that collects data on goods traded between EU member states. The Intrastat Valuation Standard component helps companies accurately report the value of goods traded between EU member states. 
  
  How to use it: 
  The Intrastat Valuation Standard component can be used to set up and maintain valuation rules for goods traded between EU member states. It also allows companies to define the valuation methods used for different types of goods, such as FOB (Free On Board) or CIF (Cost, Insurance and Freight). The component also provides a way to track and report the value of goods traded between EU member states. 
  
  Tips & Tricks: 
  When setting up the Intrastat Valuation Standard component, it is important to ensure that all of the necessary information is entered correctly. This includes the type of goods being traded, the valuation method used, and any other relevant information. It is also important to ensure that all of the data entered is accurate and up-to-date. 
  
  Related Information: 
  For more information about Intrastat Valuation Standard, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_ERP_6.0_EHP7/6.0/en-US/f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a.html