What is product code in SAP LOD-LH-TAX - SAP Localization Hub, Tax Service?

SAP Term: product code

• Component: LOD-LH-TAX

• Component Name: SAP Localization Hub, Tax Service

• Description: An alphanumeric representation of a product based on the rules of a classification system. A type of product is assigned a code based on its location in the product hierarchy of a given classification system. The code is specific to the classification system, but usually comprises two or more digits for each level in the hierarchy. &EXAMPLE& The product code for the category that includes webcams in the Central Product Classification CPC system is 47214. This code comprises multiple parts, each of which represents a group or level in the product hierarchy in the system. 47 represents radio, television, and communication equipment, 472 represents television, video, and digital cameras, 4721 represents digital cameras and video camera recorders, and 47214 represents video camera recorders.

Smart SAP Assistant

• Key Concepts: 
  Product code is a unique identifier assigned to each SAP product. It is used to differentiate between different versions of the same product. In the case of the SAP Localization Hub, Tax Service, the product code is LOD-LH-TAX. 
  
  How to use it: 
  The product code is used to identify the version of the SAP Localization Hub, Tax Service that you are using. It can be found in the product documentation or on the product page in the SAP Store. 
  
  Tips & Tricks: 
  When downloading a new version of the SAP Localization Hub, Tax Service, make sure to check the product code to ensure that you are downloading the correct version. 
  
  Related Information: 
  For more information about SAP product codes, please refer to the official SAP documentation.