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

SAP Term: Material Classification

• Component: SRD-SRM-GLO-INT

• Component Name: COM-Intrastat/FTA

• Description: A work center view that enables the user to classify materials based on the commodity codes listed in the commodity catalog.

Smart SAP Assistant

• Key Concepts: 
  Material Classification is a feature of SAP software that allows users to classify materials according to their characteristics. This classification is used to determine the applicable taxes, duties, and other regulations for the material. It also helps to ensure that the correct information is provided for reporting purposes. 
  
  How to use it: 
  Material Classification can be used in SAP by creating a material master record and assigning a classification code to it. This code can be used to identify the material and its associated taxes, duties, and other regulations. The classification code can also be used to generate reports for compliance purposes. 
  
  Tips & Tricks: 
  When creating a material master record, it is important to ensure that the correct classification code is assigned. This will help to ensure that the correct information is provided for reporting purposes. Additionally, it is important to keep the classification codes up-to-date in order to ensure compliance with applicable regulations. 
  
  Related Information: 
  For more information on Material Classification in SAP, please refer to the SAP Help Portal or contact your local SAP representative.