What is address type set in SAP (FS-FBS-TXC - SAP Tax Classification and Reporting for FATCA)?

SAP Term: address type set

• Component: FS-FBS-TXC

• Component Name: SAP Tax Classification and Reporting for FATCA

• Description: A group of several address types used in indicia checks. During evaluation of addresses in a business partner, an indicia check includes only those addresses that have address type includedin the assigned address type set.

Smart SAP Assistant

• Key Concepts: 
  Address type sets are used in the FS-FBS-TXC SAP Tax Classification and Reporting for FATCA and CRS component to define the address types that are used in the system. The address type set is a collection of address types that can be used to identify the different types of addresses that can be used in the system. 
  
  How to use it: 
  To use an address type set, you must first create it in the system. This can be done by going to the Address Type Set Maintenance screen in the FS-FBS-TXC component. Once you have created the address type set, you can then assign it to a customer or vendor in the system. This will allow you to specify which address types should be used for that customer or vendor. 
  
  Tips & Tricks: 
  When creating an address type set, it is important to make sure that all of the address types that are included in the set are relevant to the customer or vendor that it is being assigned to. This will ensure that all of the necessary information is captured when entering an address for that customer or vendor. 
  
  Related Information: 
  For more information on how to create and use an address type set, please refer to the SAP Help documentation for FS-FBS-TXC SAP Tax Classification and Reporting for FATCA and CRS.