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

SAP Term: reference period

• Component: SRD-SRM-GLO-INT

• Component Name: COM-Intrastat/FTA

• Description: The calendar month, quarter, or year during which the intra-Community movement of goods is carried out. The period to be used depends on the country of declaration and the declaration level. For example, the reference month is the calendar month an INTRASTAT declaration refers to.

Smart SAP Assistant

• Key Concepts: 
  Reference period is a term used in SAP to refer to the time frame in which a certain transaction or activity takes place. It is used to track and report on the activities of a company over a certain period of time. The reference period can be set to any length of time, such as a month, quarter, or year. 
  
  How to use it: 
  In SAP, the reference period is used to track and report on the activities of a company over a certain period of time. To set the reference period, go to the “Settings” tab in SAP and select “Reference Period”. From there, you can select the length of time you would like to use for your reference period. 
  
  Tips & Tricks: 
  When setting up your reference period in SAP, it is important to make sure that you are selecting the correct length of time for your needs. For example, if you are tracking sales over a month, you should select a monthly reference period. 
  
  Related Information: 
  The reference period is an important concept in SAP and is used in many different areas of the software. It is used in areas such as financial reporting, inventory management, and customer relationship management (CRM). Understanding how to use the reference period correctly can help you get the most out of your SAP system.