1. SAP Glossary
  2. Brazil Localization
  3. commodity vendor


What is commodity vendor in SAP LO-AGR-LOC-BR - Brazil Localization?


SAP Term: commodity vendor

  • Component: LO-AGR-LOC-BR

  • Component Name: Brazil Localization

  • Description: The ACM contract counterparty that may also have a royalties agreement with a biotechnology vendor. Commodity vendors are usually farmers.


Smart SAP Assistant

  • Key Concepts: 
    A commodity vendor is a type of vendor in SAP that is used to manage the procurement of goods and services related to a specific commodity. The LO-AGR-LOC-BR Brazil Localization component is a part of the SAP ERP system that provides country-specific functionality for Brazil. It includes features such as tax calculation, payment terms, and local language support. 
    
    How to use it: 
    In order to use the commodity vendor feature in SAP, you must first create a vendor master record for the vendor. This record should include information such as the vendor's name, address, and contact information. Once the vendor master record is created, you can then assign it to a specific commodity. This will allow you to track all purchases related to that commodity from that vendor. Additionally, you can use the LO-AGR-LOC-BR Brazil Localization component to ensure that all transactions are compliant with local laws and regulations. 
    
    Tips & Tricks: 
    When creating a vendor master record for a commodity vendor, it is important to include as much detail as possible. This will help ensure that all transactions are tracked accurately and that any potential issues can be quickly identified and addressed. Additionally, it is important to regularly review the settings in the LO-AGR-LOC-BR Brazil Localization component to ensure that they are up-to-date with any changes in local laws or regulations. 
    
    Related Information: 
    For more information on how to use the commodity vendor feature in SAP, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_ERP_6.0_EHP7/6.07/en-US/f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a9f3d8f9a2b7c14e8a90/. Additionally, for more information on how to use the LO-AGR-LOC-BR Brazil Localization component, please refer to this guide: https://help.sap.com/viewer/product/SAP_ERP_6.0_EHP7/6.07/en-US/5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab5cf1eb4ac1ec4eaab/.
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