What is supplemental VAT ID in SAP SRD-SRM-GLO-INT - COM-Intrastat/FTA?

SAP Term: supplemental VAT ID

• Component: SRD-SRM-GLO-INT

• Component Name: COM-Intrastat/FTA

• Description: An additional number to identify business entities of the same tax group that have to report under the same VAT ID.

Smart SAP Assistant

• Key Concepts: 
  A supplemental VAT ID is a unique identifier assigned to a business by the government of a country. It is used to identify the business for tax purposes and is required for certain transactions, such as those involving the import or export of goods. In SAP, the supplemental VAT ID is used in the SRD-SRM-GLO-INT COM-Intrastat/FTA component. 
  
  How to use it: 
  In order to use the supplemental VAT ID in SAP, you must first enter it into the system. This can be done by navigating to the SRD-SRM-GLO-INT COM-Intrastat/FTA component and selecting the “Enter Supplemental VAT ID” option. Once entered, the supplemental VAT ID will be used for all transactions involving the import or export of goods. 
  
  Tips & Tricks: 
  It is important to ensure that the supplemental VAT ID is entered correctly in SAP, as any errors could lead to incorrect tax calculations or other issues. Additionally, it is important to keep track of any changes to the supplemental VAT ID, as these must be updated in SAP in order for transactions to be processed correctly. 
  
  Related Information: 
  For more information on using the supplemental VAT ID in SAP, please refer to the official SAP documentation on Intrastat/FTA. Additionally, you can contact your local tax authority for more information on how to obtain and use a supplemental VAT ID.