What is customer tax exemption certificate in SAP SRD-CRM - CRM-Customer Relationship Management?

SAP Term: customer tax exemption certificate

• Component: SRD-CRM

• Component Name: CRM-Customer Relationship Management

• Description: A certificate sent by a customer to a company to claim exemption from tax on sales/purchases.

Smart SAP Assistant

• Key Concepts: 
  A customer tax exemption certificate is a document that allows customers to be exempt from paying taxes on certain goods or services. It is issued by the government and is used by businesses to verify that their customers are eligible for the exemption. The certificate is typically valid for a certain period of time and must be renewed periodically. 
  
  How to use it: 
  In SAP CRM, customer tax exemption certificates can be used to ensure that customers are not charged taxes on certain goods or services. The certificate must be entered into the system in order to be valid. Once entered, the system will automatically apply the exemption when the customer purchases the goods or services. 
  
  Tips & Tricks: 
  It is important to ensure that the customer tax exemption certificate is up-to-date and valid before entering it into the system. Additionally, it is important to keep track of when the certificate expires so that it can be renewed in a timely manner. 
  
  Related Information: 
  For more information about customer tax exemption certificates, please refer to the SAP Help Portal or contact your local government office.