What is OKPO code in SAP FI - Financial Accounting?

SAP Term: OKPO code

• Component: FI

• Component Name: Financial Accounting

• Description: An industry classification code used in Russia.

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• Key Concepts: 
  OKPO code stands for the Unified State Register of Enterprises and Organizations of Ukraine. It is a unique identifier assigned to each legal entity registered in Ukraine. It is used by the Ukrainian government to track and monitor businesses and organizations. 
  
  How to use it: 
  In SAP FI Financial Accounting, OKPO codes are used to identify vendors and customers. This code is used to identify the vendor or customer in the system and can be used for reporting purposes. 
  
  Tips & Tricks: 
  When entering a new vendor or customer into the system, make sure to enter the correct OKPO code. This will ensure that the vendor or customer is correctly identified in the system. 
  
  Related Information: 
  The OKPO code is part of the Ukrainian Tax Identification Number (TIN). The TIN is a unique identifier assigned to each legal entity registered in Ukraine and consists of 10 digits. The first 8 digits are the OKPO code, while the last 2 digits are a check digit.