What is Intrastat Declarations in SAP SRD-SRM-GLO-INT - COM-Intrastat/FTA?

SAP Term: Intrastat Declarations

• Component: SRD-SRM-GLO-INT

• Component Name: COM-Intrastat/FTA

• Description: A work center view in which you can view, create, or edit all Intrastat declarations, as well as release and issue them to the authorities.

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• Key Concepts: 
  Intrastat Declarations are a type of statistical declaration used to report the movement of goods between countries within the European Union (EU). This declaration is required for all goods that are imported or exported between EU member states. The information reported includes the type of goods, the value of the goods, and the country of origin or destination. 
  
  How to use it: 
  In order to use Intrastat Declarations, companies must first register with their local customs authority. Once registered, companies must then submit their Intrastat Declarations on a regular basis. The frequency of submission depends on the country and the type of goods being reported. Companies must also ensure that they are compliant with all applicable laws and regulations when submitting their declarations. 
  
  Tips & Tricks: 
  When submitting Intrastat Declarations, it is important to ensure that all information is accurate and up-to-date. Companies should also keep track of any changes in regulations or laws that may affect their declarations. Additionally, companies should take advantage of any available resources or tools that can help them with their declarations. 
  
  Related Information: 
  The SAP component SRD-SRM-GLO-INT COM-Intrastat/FTA provides companies with a comprehensive solution for managing their Intrastat Declarations. This component allows companies to easily create, submit, and track their declarations in an efficient manner. Additionally, this component provides companies with access to a variety of resources and tools that can help them stay compliant with applicable laws and regulations.