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

SAP Term: statistical value

• Component: SRD-SRM-GLO-INT

• Component Name: COM-Intrastat/FTA

• Description: A amount that refers to the presumed value of goods when crossing the border of an EU Member State. It includes only expenses freight, insurance incurred, in the case of dispatches, in the part of the journey located in the territory of the Member State consignment and, in the case of arrivals, in the part of the journey located outside the territory of the Member State of destination. This value does not include the VAT.

Smart SAP Assistant

• Key Concepts: 
  Statistical value is a term used in SAP to refer to the value of goods that are traded between countries. This value is used to calculate taxes and duties, as well as to track the flow of goods between countries. 
  
  How to use it: 
  In SAP, statistical value is used to calculate taxes and duties on goods that are traded between countries. This value is also used to track the flow of goods between countries. The statistical value can be found in the SRD-SRM-GLO-INT COM-Intrastat/FTA component of SAP. 
  
  Tips & Tricks: 
  When calculating taxes and duties, it is important to ensure that the correct statistical value is used. This will ensure that the correct amount of taxes and duties are paid. 
  
  Related Information: 
  The statistical value can be used in conjunction with other components of SAP, such as the SRD-SRM-GLO-INT COM-Intrastat/FTA component, to track the flow of goods between countries. Additionally, this value can be used to calculate taxes and duties on goods that are traded between countries.