What is nature of transaction in SAP SRD-SRM-GLO-INT - COM-Intrastat/FTA?

SAP Term: nature of transaction

• Component: SRD-SRM-GLO-INT

• Component Name: COM-Intrastat/FTA

• Description: A means of differentiating foreign trade transactions according to predefined categories, for example, for outright purchase or sale, or goods return.

Smart SAP Assistant

• Key Concepts: 
  Nature of transaction is a field in the SAP system that is used to classify the type of transaction being processed. It is used to determine the tax rate and other related information for the transaction. The nature of transaction is typically determined by the type of goods or services being purchased or sold. 
  
  How to use it: 
  In SAP, the nature of transaction field can be found in the SRD-SRM-GLO-INT COM-Intrastat/FTA component. This field must be filled out when creating a new transaction in order to ensure that the correct tax rate and other related information is applied. 
  
  Tips & Tricks: 
  When filling out the nature of transaction field, it is important to be as specific as possible in order to ensure that the correct tax rate and other related information is applied. 
  
  Related Information: 
  The nature of transaction field is closely related to other fields such as the country of origin and destination, as well as the type of goods or services being purchased or sold. It is important to ensure that all related fields are filled out accurately in order to ensure that the correct tax rate and other related information is applied.