How to use /ATL/VATRECT1 - NewVAT-classification of record type

SAP Transaction Code - Details

• Transaction Code: /ATL/VATRECT1

  Description: NewVAT-classification of record type

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: /ATL/VENDOR

    Package Description: vendores enhancement

    Parent Package: /CCEE/IL

  • Module/Component: FI-LOC-FI-IL

    Description: Financials Israel

Smart SAP Assistant

• SAP Tcode: /ATL/VATRECT1 - NewVAT-classification of record type

   1
  
  Overview:
  The SAP transaction code /ATL/VATRECT1 is used to create a new VAT classification for record type 1. This code is used to classify the different types of VAT records in the system. 
  
  Functionality: 
  This transaction code allows users to create a new VAT classification for record type 1. This classification is used to identify the different types of VAT records in the system. The classification is based on the type of record, such as sales, purchases, or other types of transactions. The classification also includes information about the tax rate and other relevant details. 
  
  Step-by-step How to Use: 
  To use this transaction code, users must first enter the required information into the system. This includes the type of record, the tax rate, and any other relevant details. Once this information is entered, users can then create a new VAT classification for record type 1. This classification will be used to identify the different types of VAT records in the system. 
  
  Other Recommendations: 
  It is important to ensure that all information entered into the system is accurate and up-to-date. This will help ensure that all records are properly classified and that any changes are reflected in the system. Additionally, users should regularly review their VAT classifications to ensure they are up-to-date and accurate.