1. SAP Glossary
  2. CRM Transaction Tax Engine
  3. intra-community acquisition


What is intra-community acquisition in SAP AP-TTE - CRM Transaction Tax Engine?


SAP Term: intra-community acquisition

  • Component: AP-TTE

  • Component Name: CRM Transaction Tax Engine

  • Description: The arrival of goods that have been dispatched from a European Community member state into another European Community member state.


Smart SAP Assistant

  • Key Concepts: 
    Intra-community acquisition is a type of transaction that occurs when goods or services are acquired from another EU member state. This type of transaction is subject to Value Added Tax (VAT) and is handled by the AP-TTE CRM Transaction Tax Engine in SAP. 
    
    How to use it: 
    The AP-TTE CRM Transaction Tax Engine in SAP is used to manage intra-community acquisitions. This includes calculating the VAT due on the transaction, as well as recording the transaction in the system. The engine also allows users to view and manage their intra-community acquisitions. 
    
    Tips & Tricks: 
    When dealing with intra-community acquisitions, it is important to ensure that all relevant information is recorded accurately in SAP. This includes the VAT rate, the amount of VAT due, and any other relevant details. Additionally, it is important to ensure that all transactions are properly documented and filed for future reference. 
    
    Related Information: 
    For more information on intra-community acquisitions and how they are handled in SAP, please refer to the official SAP documentation on the topic. Additionally, there are a number of online resources available that provide further information on this topic.
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