What is CNAE in SAP PY-BR - Brazil?

SAP Term: CNAE

• Component: PY-BR

• Component Name: Brazil

• Description: A system for classifying economic activities performed in . The system is used for statistical and tax purposes. The system is known in Portuguese as 'classificação nacional de atividades econômicas'.

Smart SAP Assistant

• Key Concepts: 
  CNAE stands for Classificação Nacional de Atividades Econômicas, which is the Brazilian National Classification of Economic Activities. It is a classification system used to categorize economic activities in Brazil. It is used to identify the type of activity a company is engaged in and to determine the taxes and contributions that must be paid. 
  
  How to use it: 
  In SAP, CNAE is used to identify the type of activity a company is engaged in. This information is used to determine the taxes and contributions that must be paid. The CNAE code can be found in the PY-BR Brazil component of SAP. 
  
  Tips & Tricks: 
  When entering the CNAE code into SAP, make sure to enter it exactly as it appears on the official document. This will ensure that the correct taxes and contributions are calculated. 
  
  Related Information: 
  The CNAE code can be found on the official document issued by the Brazilian government. It can also be found on the website of the Brazilian Ministry of Finance.