What is UWV company number in SAP FI - Financial Accounting?

SAP Term: UWV company number

• Component: FI

• Component Name: Financial Accounting

• Description: An identification number assigned, in the Netherlands, to companies by the benefits agency. In the Netherlands, the benefits agency is known as Uitvoering Werknemersverzekeringen

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• Key Concepts: 
  UWV company number is a unique identifier assigned to companies in the Netherlands by the Dutch government. It is used to identify companies for tax and social security purposes. The UWV company number is also known as the “KvK” number, which stands for “Kamer van Koophandel”, the Dutch Chamber of Commerce. 
  
  How to use it: 
  In SAP FI Financial Accounting, the UWV company number is used to identify companies in the Netherlands. It is stored in the company code master data and can be used to identify companies for tax and social security purposes. 
  
  Tips & Tricks: 
  When entering a UWV company number into SAP FI Financial Accounting, make sure that it is entered correctly. If it is not entered correctly, it may cause errors when processing tax and social security payments. 
  
  Related Information: 
  The UWV company number is also known as the “KvK” number, which stands for “Kamer van Koophandel”, the Dutch Chamber of Commerce. The UWV company number is also used in other SAP modules such as SD Sales and Distribution and MM Materials Management.