What is business partner property type in SAP AP-TTE - CRM Transaction Tax Engine?

SAP Term: business partner property type

• Component: AP-TTE

• Component Name: CRM Transaction Tax Engine

• Description: Categorizes business partner properties. &Example& Type of company Company location Nationality

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• Key Concepts: 
  Business partner property type is a component of the SAP CRM Transaction Tax Engine (AP-TTE). It is used to define the characteristics of a business partner, such as their name, address, and tax ID. This information is then used to calculate the correct taxes for transactions involving that business partner. 
  
  How to use it: 
  To use the business partner property type, you must first create a business partner in SAP. Once the business partner is created, you can assign it a property type. This will allow you to enter the necessary information about the business partner, such as their name, address, and tax ID. This information will then be used to calculate the correct taxes for transactions involving that business partner. 
  
  Tips & Tricks: 
  When creating a business partner in SAP, make sure to enter all of the necessary information about them. This will ensure that the correct taxes are calculated for transactions involving that business partner. Additionally, make sure to keep this information up-to-date as changes in the business partner’s information may affect the taxes due on transactions. 
  
  Related Information: 
  For more information on how to use the SAP CRM Transaction Tax Engine (AP-TTE), please refer to SAP’s official documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this component of SAP.