What is 'intra-community movement' in SAP SRD-FIN-TAX - FIN-Tax Management?

intra-community movement - Overview

• Component: SRD-FIN-TAX

• Component Name: FIN-Tax Management

• Description: Shipment of goods between companies located in different EU states.

intra-community movement - Details

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  Key Concepts: 
  Intra-community movement is a term used in SAP Tax Management to refer to the movement of goods within the European Union (EU). This type of movement is subject to Value Added Tax (VAT) and requires special handling in SAP. 
  
  How to use it: 
  In SAP Tax Management, intra-community movements are handled by setting up a special tax code for the movement of goods within the EU. This tax code is used to calculate the VAT due on the goods and ensure that it is correctly reported. 
  
  Tips & Tricks: 
  When setting up an intra-community movement in SAP Tax Management, it is important to ensure that all relevant information is included in the tax code. This includes the country of origin, destination, and type of goods being moved. 
  
  Related Information: 
  For more information on intra-community movements in SAP Tax Management, please refer to the official SAP documentation.