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SAP NFe is focused on SAP Localizations/Versions for Countries in Europe, North America and South America. We can improve processes, applying best practices and bringing SAP back to standard, creating value for your company. Creating value and generating positive and significant impacts on business. SAP NFe To Help Companies Run SAP Better Most of the companies spend hundreds of thousands of dollars , hiring unprepared consultancies and consultants, resulting in a expensive and unreliable system, with high maintenance costs, which ends up not meeting the company's expectations. This is the usual experience that the most valuable companies on the market are used to living on a day-to-day basis. We are focused on Europe , North America and South America country versions and localizations. We can improve processes, applying best practices and bringing the SAP back to standard, creating value to your company. If you're ready to innovate, we can help your business achieve its goals with cost-effective, tailor-made solutions. SAP Global Best Practices These articles cover the guidelines and best practices that the big techs don't want you to know. SAP Brazil Localization These articles cover roadmap implementation, localization complexity, nota fiscal (e-invoicing), indirect taxes, direct taxes, withholding, bank communication, electronic reporting (SPED) and more. SAP EU Localization These articles cover the main points about the EU Common Market, Localization, Single Euro Payments Area and more. SAP UK Localisation These articles cover roadmap implementation, localisation complexity, financial accounting, taxes, accounts payable, bank accounting and more. SAP US Localization These articles cover roadmap implementation, localization complexity, financial accounting, taxes, treasure, accounts payable, bank accounting, check (or also known as a cheque, in British English), withholding taxes (1099 misc) and more. Solutions We are focused on helping companies achieve their goals with cost-effective, tailor-made solutions. Sustainability Technology shaping the future of your company with sustainability, eliminating the waste of resources and process. Global Trends Our values go beyond simply redesigning processes. We help improve performance, compliance and more.

We are driven by the purpose of creating value and generating impact for our clients. Helping businesses to achieve its goals and building better future. Available for SAP FI/CO Projects Greenfields, Rollouts, Improvements, POCs and Upgrades As Consultant, SME, Team Leader or Solution Architect New technologies like S/4 HANA are preferable Download CV Availability Phone SAP S/4 HANA FI 1909 SAP Design Thinking Deloitte Lean Six Sigma Belt SAP S/4 HANA FI 1909 1/6 I'm SAP S/4 FICO Solution Architect with 18+ years of experience in implementation and business integration, fitment and fulfillment for big sized projects with high complexity, able to implement and solve mission-critical business challenges. I have a full resume with successful delivered projects by providing skilled technical consulting and custom training. Years of Experience Finance 18 Years ▇▇▇▇▇▇▇▇▇ Controlling 18 Years ▇▇▇▇▇▇▇▇▇ Material Ledger 18 Years ▇▇▇▇▇▇▇▇▇ CO-PC 18 Years ▇▇▇▇▇▇▇▇▇ CO-PA 18 Years ▇▇▇▇▇▇▇▇▇ Cash Mgnt 18 Years ▇▇▇▇▇▇▇▇▇ Credit Mgnt 10 Years ▇▇▇▇▇ Tax 14 Years ▇▇▇▇▇▇ FM 04 Years ▇▇▇▇ ABAP 03 Years ▇▇▇ CFIN 03 Years ▇▇▇ FI-CA 01 Years ▇ Retail 04 Years ▇▇▇▇ Number of Projects Full Lifecycle 05 Prjs ▇▇▇▇▇ S/4 HANA 07 Prjs ▇▇▇▇▇▇▇ Greenfield 06 Prjs ▇▇▇▇▇▇ Rollout 10 Prjs ▇▇▇▇▇▇▇▇▇ Improvements 09 Prjs ▇▇▇▇▇▇▇▇ Blueprints 02 Prjs ▇ QA 02 Prjs ▇▇ PoC 01 Prj ▇ Upgrades 01 Prj ▇ Industry Sectors Agribusiness 03 Prjs ▇▇▇ Automotive 01 Prj ▇ Beverage 02 Prjs ▇▇ Biotech 01 Prj ▇ Chemical 06 Prjs ▇▇▇▇▇ Cons. Goods 01 Prj ▇ Finance 01 Prj ▇ Food 02 Prjs ▇▇ Healthcare 01 Prj ▇ Manufacture 03 Prjs ▇▇▇ Media 01 Prj ▇ Mining 01 Prj ▇ Oil & Gas 01 Prj ▇ Paper 01 Prj ▇ Pharma 04 Prjs ▇▇▇▇ Metals 01 Prj ▇ Public Sector 01 Prj ▇ Retail 03 Prjs ▇▇▇ Tech. / Serv. 03 Prjs ▇▇▇ My Mission To help companies run SAP better Improving processes, running cost-effective solutions and creating value Applying best practices and bringing the system back to standard Consultancies in my Portfolio Accenture | Capgemini | Cast Group | Deloitte | Engineering | Everis | EY | iGate | Infosys | PwC | SAP Integration Skills Integration with MM, SD, PP, PS, QM, PM, BW/BI, PI/PO and PLM cProjects, to design architectural solutions in SAP and also legacy systems. Solution Skills SAP Solutions for Tax Engine, Country versions, Revenue Recognition, Legal statements, Bank communication and Consolidation. Data Migration Data Collection / Data Cleansing / Data Transformation / Data Migration SAP CFIN Central Finance Transformation LSMW Legacy System Migration (accelerated with embedded ABAP code) LMTC Legacy Transfer Migration Cockpit Industry Solutions Agribusiness | Aerospace | Automotive | Beverage | Biotechnology | Chemical | Consumer Goods | Finance | Food | Fracking | Health Care | Manufacture | Media | Metals & Mining | Oil & Gas | Precious Metals | Public Sector | Paper & Cellulose | Pharmaceutical | Retail | Services | Technology | Telecommunication SAP IS-Solutions SAP PSCD Public Sector Collection and Disbursement | SAP FI-CA Contract Accounting | SAP POS-DM (Retail) Point of Sale Data Management Education 2016 MBA Strategic Management in Information Technology FGV 2015 Alumni Program Technology, Organizations and Innovation MIT 2015 Bachelor’s Degree Economics (Leave of Absence) Paulista University 2011 Bachelor’s Degree Accounting Paulista University 2004 Bachelor’s Degree Business Administration Mackenzie University Certification 2021 Design Thinking [+] SAP Certified Associate Design Thinking SAP 2020 SAP S/4 FI [+] SAP S/4 HANA 1909 for Financial Accounting Associates SAP 2013 ITIL [+] ITIL v3 Foundation Certification EXIN 2012 COBIT COBIT 4.1 Foundation Certification ISACA 2009 Lean/Six Sigma Lean/Six Sigma Certification (Yellow Belt) Deloitte 2008 SAP FI SAP ECC 6.0 for Financial Accounting Associates SAP Qualifications and Professional Activities 2020 Agile Agile with Jira (SCRUM and KANBAN) Coursera 2020 SAP TRM SAP TRM Tax and Revenue Management Capgemini 2020 SAP PSCD SAP PSCD Public Sector Collection and Disbursement Capgemini 2020 SAP S/4 FI SAP S/4 Financial Accounting in S/4HANA 1909 SAP 2017 SAP ABAP SAP ABAP Academy SAP 2015 SAP Simple FI SAP HANA Simple Finance, S/4 HANA Migration SAP 2014 SAP NF-e SAP NF-e Nota Fiscal Eletronica 3.10 with GRC Tech Consulting 2013 ITIL ITIL V3 Foundations KA Solution 2012 SAP Material Ledger SAP CO Brazil Localization (Material Ledger) SAP 2012 SAP NF-e GRC SAP NF-e 10.0 with GRC, WBRNFE_10 SAP 2012 SAP NewGL SAP NewGL (New General Ledger) SAP 2012 COBIT COBIT 4.1 Foundations KA Solution 2012 SQL SQL, Microsoft SQL Server Writing Queries KA Solution 2011 SAP CO SAP CO Academy (Controlling Accounting) SAP 2010 HPQC HP Quality Center SAP 2010 SAP InfoPak SAP InfoPak, Documentation Tool SAP 2009 Lean/Six Sigma Lean/Six Sigma (Green Belt Academy) Deloitte 2009 IFRS IFRS, Concepts and Preparation Deloitte 2008 SAP FI SAP FI Brazil Localization SAP 2008 SAP SolMan SAP Solution Manager Deloitte 2008 HPQC HP Quality Center, Mercury HP 2007 SAP FI SAP FI Academy (Financial Accounting) SAP 2007 SAP R/3 SAP BootCamp R/3 4.6c, FI,CO,MM,SD,PP Modules Deloitte

Topics: Implementing Brazil Localization; Purchasing and Sales Processes; Complexity of Brazilian Localization; Brazil SAP component; Financial Localization; Chart Of Accounts Referential and Template for Brazil; CNPJ / Branch | SAP Configuration; Treasure (Accounts Payable, Receivable and Bank Accounting); PIX; DDA; Brazilian Master Data; Period End Closing | Foreign Currency Valuation; Tax Localization; Brazil Taxation | NF-e Up Brazil Localization Implementing Brazil Localization SAP OSS Notes for Brazil Localization Purchasing and Sales Processes Complexity of Brazilian Localization How to Identify the correct SAP component for Brazil Financial Localization Chart Of Accounts Template for Brazil Chart Of Accounts Referential for Brazil CNPJ (National Registry of Legal Entities) CNPJ / Branch | SAP Configuration CNPJ Duplicity Check Brazilian Banking System Treasure (Accounts Payable, Receivable and Bank Accounting) PIX (Payment Method) Historical Descrip tion Brazilian Master Data Period End Closing | Foreign Currency Valuation Tax Localization Brazil Taxation | NF-e Implementing Brazil Localization When a company plans to implement SAP system in Brazil. It can count on a vast localization, tested in thousands of previous companies. However, there is a great complexity in the Brazilian localization, requiring a significant effort in configuring legal requirements. Brazilian companies are used to this complexity and usually face this challenge with due preparation, but foreign companies planning to rollout risk underestimating the effort required. An important topic is taxes. Typically, countries with a simple VAT type handle all tax activities in finance. As Brazil doesn't have VAT, but CBT, a much more complex type of indirect tax with several taxes levied by different tax authorities, the tax configuration is in charge of logistics (SD/MM), while finance (FI) is responsible for a portion withholding tax only. General Information ISO Codes: BR / BRA Country Codes: +55 Capital: Brasilia (Not Rio De Janeiro) Official Language: Portuguese (Only Official Language) Currency: BRL (Brazilian Real) Complexity Information Complexity Ranking: Very High Frequency of Legal Changes: Extremely Dynamic Interpretation of Law Text: Extremely Difficult Main SAP localization points per module Finance Financial Accounting Treasure (Accounts Payable, Receivable and Bank Accounting) Taxation (Withholding Taxes) Controlling Actual Costing (Material Ledger) WIP Revaluation Logistics Taxation (Condition Based Tax Calculation) Nota Fiscal (e-Invoicing) Nota Fiscal Inbound Automation Sales Processes (Localized Sales and Resales Processes) Procurement Processes (Localized Purchasing and Special Processes) Tax Solution SPEDs (Localized e-Reporting) SAP OSS Notes for Brazil Localization Here you can see some important OSS notes for Brazil Localization. OSS Note Description Type Region Component Explanation 2409683 KBA: S/4HANA Brazilian Localization Quickguide Country Version Brazil XX-CSC-BR (Main OSS Note) Brazil Country Version Installation 2470110 Brazil Payment Files and Bank Statement Troubleshooting Guide Banks Brazil FI-LOC-FI-BR-PMT (Main OSS Note) Brazil Bank Communication 3127880 Collective Note for Brazilian Pix Payments in Finance Banks Brazil FI-LOC-FI-BR-PMT (Main OSS Note) Brazil Bank Communication PIX Method 2996095 Brazil: PIX Payments - Announcement on new functionality Banks Brazil FI-LOC-CA-BR PIX additional funcionalities 2478949 Standard Supported Scenarios in Brazil Localization Logistics Brazil FI-LOC-MM-BR Logistics Scenarios 1706309 CI BR: CBT - Condition-Based Tax Calculation Brazil Taxes Brazil FI-LOC-MM-BR (Main OSS Note) CBT Brazil - MP135 - Indirect Tax / Withholding Tax 2259931 FAQ of Brazil's EC87 and NT003 solutions Taxes Brazil FI-LOC-LO-BR 2769261 Populating ZIP Codes (CEP) and Tax Jurisdiction Codes Lists Taxes Brazil FI-LOC-LO-BR 2626144 Brazilian Tax Jurisdiction Solution Troubleshooting Guide Taxes Brazil FI-LOC-LO-BR 2941006 Brazil Nota Fiscal Eletrônica (NFe) Troubleshooting Guide NF-e Brazil FI-LOC-NFE-BR-OUT 2490129 Brazil Reporting Troubleshooting Guide Reporting Brazil FI-LOC-FI-BR-REP 2475189 ERP Brazil Localization reports out of maintenance for SAP ERP 6.0 Reporting Brazil FI-LOC-FI-BR-REP (Deprecated) Reports out of maintenance by SAP, due its legislation is out of date and is not valid according to the Localization scope definition 2544766 Brazil Withholding Taxes Troubleshooting Guide Taxes Brazil FI-LOC-FI-BR-WHT 2374911 FAQ of Brazil GRC NF-e Inbound Automation solution scenarios NF-e Brazil FI-LOC-NFE-BR-IN 2776753 Electronic Document Processing for Brazil Inbound NF-e: Implementation Overview NF-e Brazil CA-GTF-CSC-EDO-BR 3298377 BR_Brazil Localization - Setup & Taxes Taxes Brazil SBO-REP-FIN-FIN 108559 Historical Description Reporting Brazil XX-CSC-BR 2490213 TDF Add-on Troubleshooting Guide TDF Brazil FIN-TMF-BR 2924050 TDF: ECD Troubleshooting Guide TDF Brazil FIN-TMF-BR 2922987 TDF: ECF Troubleshooting Guide TDF Brazil FIN-TMF-BR 2924063 TDF: EFD Contribuições Troubleshooting Guide TDF Brazil FIN-TMF-BR 2562251 TDF: CIAP Troubleshooting Guide TDF Brazil FIN-TMF-BR-CIAP 2922995 TDF: EFD REINF Troubleshooting Guide TDF Brazil FIN-TMF-BR-ESO 2922996 TDF: eSocial Troubleshooting Guide TDF Brazil FIN-TMF-BR-ESO Purchasing and Sales Processes These are some examples of localized logistics processes. Although sometimes there is an inherent complexity in SD pricing, in Brazil, the complexity of the operation and purchasing processes, including also inventory management, can be much greater in procurement (MM). And in sales, if the company sells not only goods, but services, then the complexity of sales processes can increase significantly. Sales (SD) Consignment Sales Future Delivery Sales Triangular Transactions (Third Party Sales) Sale with Returnable Packaging Sales Return (Return with original NF and issuing incoming NF) Sales Return (Return with NF and issued by the customer) Procurement (MM) Purchase Operations with Goods Receipt for: Industrialization Resales Use and Consumption Assets Services Freight Complexity of Brazilian Localization When a company plans to implement SAP system in Brazil. It can count on a vast localization, tested in thousands of previous companies. However, there is a great complexity in the Brazilian localization, requiring a significant effort in configuring legal requirements. Brazilian companies are used to this complexity and usually face this challenge with due preparation, but foreign companies planning to rollout risk underestimating the effort required . Legal Requeriment Impact on SAP Fiscal Bookkeeping on Branch Level "Business Place" as an additional organizational unit Federal, State and Municipal Taxation Very Complex Tax Calculation Tax On Circulation of Goods Tax processes impacting logistics, for example, tax calculation in stock transfers Electronic Tax Receipt Online authorization process requiring complex messaging architecture and impacting logistics processes Fiscal Bookkeeping Extremely complex reports on virtually all of the Company's physical, accounting and tax flows item by item. Public System of Digital Bookkeeping (SPED). Varios magnetic files on the federal, state and municipal levels. Localization Effort Each country may have its degrees of complexity in its localization. Take this chart as an example. Having United Kingdom with low complexity, Mexico with medium complexity and Russia and Brazil with high complexity. Unlike Russia, Brazil has the greatest complexity in logistics. That makes Brazil so complex. The Brazil localization is embedded in the logistics processes, as, unlike other countries with simple VAT in their financial processes, the Condition Based Tax Calculation is deeply rooted in the inbound and outbound processes. Look this chart with an example of localization effort Financial versus Logistics Brazilian Tax Complexity Among Developing Countries Comparing the legal requirements complexity, among developing countries, Brazil has not developed an optimized tax reform, like developed countries or even developing countries, causing a complex tax calculation compounded by different jurisdictions such as federal, state and municipal for goods circulation, industrialization, consumption, services, social security and others. Looking in the map below you can see the average hours per year that a company spends to prepare and pay taxes. Brazil is by far the 1st country with the largest number of hours spent to prepare and pay taxes, with more than 1,500 hours in total. You can see on the map the list of developed, developing and under developed countries and compared to other countries around the world, the complexity and time to prepare and pay taxes put Brazil in a unique group with characteristics that make it so hard to do so. ▀ Developed ▀ Developing ▀ Least developed ▀ Data unavailable How to Identify the correct SAP component for Brazil Below you can see the SAP components related to Brazil in SAP support marketplace. These components are important to narrow Brazil Support SAP Notes to find the right solution for your issue. It is also important if you want to raise a ticket regarding the Brazilian localization solution in SAP Product Support. SAP Support Marketplace : https://support.sap.com/ SAP Co mponents XX-CSC-BR Subjects: Installation, localization Brazil in general about covered processes, what is supported and more. XX-CSC-BR-MM Subjects: Material movements in general, Nota Fiscal creation via material movement process, accounting document creation, Calculation Procedure TAXBRA / TAXBRJ and more. Hint: All the Process will be covered, such as, Subcontracting, Consignment, STO, Stock Transfer via MM, Ordinary Purchase Order process, Future Delivery, Third Party, RTP and more. XX-CSC-BR-SD Subjects: Sales orders, agreements, billing process, delivery process, calculation procedure RVABRA and more. XX-CSC-BR-FI Subjects: Payments in generation, integration, withholding taxes in payment time and more. XX-CSC-BR-NFE Subjects: Electronic Nota Fiscal, issues with fields mapping, Nota fiscal Monitor, Notas Fiscais rejected reason and more. XX-CSC-BR-NFEIN Subjects: GRC NFE Incoming Automation, issues in the fiscal / logistic monitor, regarding the process, customizations, posting automation MIGO / MIRO and more. SLL-NFE Subjects: SAP GRC NFE product, performance, Notas Fiscais that got stuck in GRC, sending to SEFAZ, receiving the reply from SEFAZ, batches generation, signature and more. XX-CSC-BR-REP Subjects: Legal reports in all process, SPED EFD, SPED ECD, Model 1, Model 2, Model 7 and more. Hint : You can see more by checking the SAP Note 1904179 (Brazil: How to Identify the correct component for Support). Chart Of Accounts Template for Brazil You can use this available template to get an idea of what accounts are needed to be created for Brazil in the global chart of accounts. Keep in mind that the actual accounts required depend on the processes implemented in the company. You can see the official Chart of Accounts template (SAP S/4HANA 2020) in the table below. Filter by Brazilian Accounts Account Description BR Acc Type Functional Area Recon Acc Tax Categ Post Auto OI Manage Sort key Without Tax Only Local Crcy 0010010000 Petty Cash BS 003 X 0010020000 Petty Cash Journal - postings automatic only BS X 003 X 0011001000 Bank 1 - Bank (Main) Account BS 027 X 0011001010 Bank 1 - Cash Payment BS 001 0011001020 Bank 1 - Bank Transfer (Domestic/SEPA/Foreign) BS X 0011001030 Bank 1 - Other Interim Transfers BS X 0011001040 Bank 1 - Direct Debit BS X 0011001050 Bank 1 - Checks Out BS X 0011001060 Bank 1 - Checks In BS X 0011001070 Bank 1 - Check Clearing Account BS X 0011001080 Bank 1 - Cash Receipt BS X 0011001090 Bank 1 - Technical Account for Bank Statement BS X 0011001091 Bank 1 - Refunds / Repayments (FI-CA) BS X 0011001092 Bank 1 - Clarification (FI-CA) BS X 0011001099 Bank 1 - Foreign Currency Adjustment BS 001 0011001100 Bank 1 - Bank (Main) Account Foreign Currency BS 027 X 0011002000 Bank 2 - Bank (Main) Account BS 027 X 0011002010 Bank 2 - Cash Payment BS X 0011002020 Bank 2 - Bank Transfer (Domestic/SEPA/Foreign) BS X 0011002030 Bank 2 - Other Interim Transfers BS X 0011002040 Bank 2 - Direct Debit BS X 0011002050 Bank 2 - Checks Out BS X 0011002060 Bank 2 - Checks In BS X 0011002070 Bank 2 - Check Clearing Account BS X 0011002080 Bank 2 - Cash Receipt BS X 0011002090 Bank 2 - Technical Account for Bank Statement BS X 0011002091 Bank 2 - Refunds / Repayments (FI-CA) BS X 0011002092 Bank 2 - Clarification (FI-CA) BS X 0011002099 Bank 2 - Foreign Currency Adjustment BS 001 0011008000 Bank 3 - Digital Payments Acquirer Bank BS 027 X 0011008030 Bank 3 - Digital Payments Transfer Account BS X 0011008070 Bank 3 - Digital Payments Acquirer Clrng (Stlmnt) BS X 009 0011008099 Bank 3 - Foreign Currency Adjustment BS 001 0011999000 Bank 4 - External Payments Account BS 027 X 0011999030 Bank 4 - External Payments Clearing Account BS X 0011999099 Bank 4 - Foreign Currency Adjustment BS 001 0012021000 Short Term Investments, Unaffiliated(TRM) BS 001 X 0012021100 Short Term Investments, Affili., No Consolid.(TRM) BS 001 X 0012021200 Short Term Investments, Affiliated, Consolid.(TRM) BS 001 X 0012041000 Derivatives Valuation Balances, Unaffiliated(TRM) BS 001 X 0012041100 Derivatives Valuation Bal, Affil., No Consol.(TRM) BS 001 X 0012041200 Derivatives Valuation Bal, Affili., Consolid.(TRM) BS 001 X 0012042000 Derivatives Assets, Unaffiliated(TRM) BS 001 X 0012042100 Derivatives Assets, Affiliated, No Consolid.(TRM) BS 001 X 0012042200 Derivatives Assets, Affiliated, Consolidation(TRM) BS 001 X 0012100000 Receivables Domestic BS D * x 0012100100 Receivables Domestic - One Time Accounts BS D * 0012100200 Receivable - Contract Accounts BS V * X 0012101500 Receivables due > 1 year (FI-CA) BS 001 0012102000 Receivables Domestic Adjustments BS 001 0012102100 Receivables Adjustment (RAR) BS 0012102500 Receivable Adjustments due > 1 year (FI-CA) BS 001 0012103000 Rcvl. Adj. for Cust. with a Cred. Balance (FI-CA) BS 001 0012110000 Other Down Payments Made Current Assets BS K * 012 x 0012119000 Down Payment Requests Vendors BS K * 026 x 0012119100 Outgoing Payment (Request) (FI-CA) BS V * 0012120000 Receivables Foreign BS D * x 0012120100 Receivables Foreign - One Time Accounts BS D * x 0012122000 Receivables Foreign Adjustments BS 001 X 0012200000 Lease Receivables - Land & Land Improvements (ROU) BS + 001 X X 0012200100 Lease Receivables - Buildings (ROU) BS + 001 X X 0012200200 Lease Receivables - Machinery & Equipment (ROU) BS + 001 X X 0012200300 Lease Receivables - Motor Vehicles (ROU) BS + 001 X X 0012200400 Lease Receivables - Office Equipment (ROU) BS + 001 X X 0012200500 Lease Receivables - Furniture and Fixtures (ROU) BS + 001 X X 0012200600 Lease Receivables-Compt Hardwr and Eqpmt(ROU) BS + 001 X X 0012300000 Receivables affiliated Companies BS D * x 0012400000 Allowance for Doubtful Receivables BS D 0012401000 Individual Value Adjustments for Receivables BS D 0012401100 Allowance for Doubtful Receivables(Valuation) BS 001 X 0012401200 Doubtful Receivables (FI-CA) BS 001 X 0012401300 Offset Account for Doubtful Receivables (FI-CA) BS 001 X 0012401400 Allowance for Bad Debt-Ind Val Value Adjust(FI-CA) BS 001 X 0012401500 Allowance for Bad Debt-Flat Rate Val Adj. (FI-CA) BS 001 X 0012410000 Clearing of Granted Warranties to Customers BS X X 001 0012501000 Clearing Interest Receivables BS X X 001 0012510000 Accounts Receivable - BoE Receivable BS D * 001 0012530000 Accounts Receivable - Payment Cards BS X 001 X 0012530100 Accounts Receivable - External Payments Clearing BS X 001 X 0012530110 Accounts Receivable - External Payments BS X 001 X 0012530200 Accounts Receivable - Payment Cards (FI-CA) BS X 0012530300 Accounts Receivable - Paypal (FI-CA) BS X 0012540000 Other Receivables (no recon acct) BS X 001 0012550000 Unbilled Revenue BS * 001 x 0012562000 Deferred Income BS + X 001 X 0012590000 Vendors with a Debit Balance BS 001 X 0012608000 Tax Transference of Establishment BS 0012614000 Input Tax (ICx) BS X 016 0012614100 ICMS Short Term Investment Credit (BR) BR BS X 016 0012614110 ICMS Long Term Investment Credit (BR) BR BS X 016 0012614120 ICMS Residual Investment Credit (BR) BR BS X 016 0012614130 ICMS Retirement Credit Balance (BR) BR BS X 016 0012660000 Reclaimable Tax for Interest Income(TRM) BS 001 X 0012701000 Accr. Interest Inc./Defer. Int. Exp., Unaffi.(TRM) BS 001 X 0012701100 Accr. Int. Inc./Defer. Int. Exp., Aff., NoCo.(TRM) BS 001 X 0012701200 Accr. Int. Inc./Defer. Int. Exp., Affi., Con.(TRM) BS 001 X 0013100000 Inventory - Raw Material BS * X X X 0013200000 Inventory - Work In Progress BS * X X 0013210000 WIP BS X 0013300000 Inventory - Semi Finished Goods BS * X X X 0013400000 Inventory - Finished Goods BS * X X X 0013500000 Inventory - Packaging Materials BS * X x X 0013600000 Inventory - Trading Goods BS * X x X 0013601000 Inventory Adjustment Account BS X 0013602000 Remittance GoodsConsignment(Active Clearing-BR) BR BS X 0013701400 WIP Deferred Revenue BS 0013711100 WIP Accrued Revenue BS 0013711400 WIP Accrued Revenue BS 0013711900 WIP Unbilled Revenue BS 0013715600 WIP Accrued Revenue On Account Adjustment BS 0013811100 Deferrals Revenue BS 0013815600 Deferrals Revenue - On Account Adjustment BS 0015200000 Salary and Wages Advances BS X X 0016000000 Land & Land Improvements BS A * x 0016001000 Buildings BS A * x 0016002000 Machinery & Equipment BS A * x 0016003000 Building Improvements BS A * x 0016004000 Motor Vehicles BS A * x 0016005000 Office Equipment BS A * x 0016006000 Furniture and Fixtures BS A * x 0016007000 Computer Hardware and Equipment BS A * x 0016008000 Computer Software BS A * x 0016009000 Assets under Construction BS A * x 0016010000 Down Payments made on Tangible Assets w/o FI-AA BS K * 012 x 0016014000 Technical Clrng Acct Integrated Asset Acquisition BS A * x 0016014100 Clearing Account for Asset Acquisition BS 008 0016015000 Offsetting Account Revaluation APC BS 0016020000 Low Value Assets BS A * x 0016050000 Land & Land Improvements (ROU) BS A * 001 X 0016051000 Buildings (ROU) BS A * 001 X 0016052000 Machinery & Equipment (ROU) BS A * 001 X 0016054000 Motor Vehicles (ROU) BS A * 001 X 0016055000 Office Equipment (ROU) BS A * 001 X 0016056000 Furniture and Fixtures (ROU) BS A * 001 X 0016057000 Computer Hardware and Equipment (ROU) BS A * 001 X 0016059000 Leasing Clearing Account BS - 001 0017000000 Accumulated Depreciation - Land Improvements BS A 0017001000 Accumulated Depreciation - Buildings BS A 0017002000 Accumulated Depreciation - Machinery & Equipment BS A 0017003000 Accumulated Depreciation - Building Improvements BS A 0017004000 Accumulated Depreciation - Motor Vehicles BS A 0017005000 Accumulated Depreciation - Office Equipment BS A 0017006000 Accumulated Depreciation - Furniture and Fixtures BS A 0017007000 Accumulated Depreciation - Computer Hardware BS A 0017008000 Accumulated Depreciation - Computer Software BS A 0017020000 Accumulated Depreciation - Low Value Assets BS A 0017050000 Accumulated Depreciation - Land Improvements (ROU) BS A * 001 X 0017051000 Accumulated Depreciation - Buildings (ROU) BS A * 001 X 0017052000 Accumulated Depr'n - Machinery & Equipment (ROU) BS A * 001 X 0017054000 Accumulated Depreciation - Motor Vehicles (ROU) BS A * 001 X 0017055000 Accumulated Depreciation - Office Equipment (ROU) BS A * 001 X 0017056000 Accumulated Depr'n Fixtures Fittings (ROU) BS A * 001 X 0017057000 Accumulated Depreciation - Computer Hardware (ROU) BS A * 001 X 0018030000 Long Term Investments, Unaffiliated(TRM) BS 001 X 0018030100 Long Term Investments, Affili., No Consolid.(TRM) BS 001 X 0018030200 Long Term Investments, Affiliated, Consolid.(TRM) BS 001 X 0019210000 Other Receivables > 1 year BS 001 X 0021100000 Payables Domestic BS K * 0021100100 Payables Domestic - One Time Accounts BS K * 0021102000 Payables Domestic Adjustments BS 001 X 0021105000 Travel Expenses Payable BS K * 001 0021110000 Goods Received/Invoice Received Consignt/Pipeline BS * X 029 X X 0021120000 Goods Received/Invoice Received BS * X X 014 x X 0021122000 Goods Received / Invoice Received Adjustment BS 001 X 0021180000 Customers with a Credit Balance BS 001 0021185000 Customers with a Credit Balance (FI-CA) BS 001 0021185100 Security deposit (Request)(FI-CA) BS V * 0021186000 Down payment-Customers (FI-CA) BS V * 0021190000 Down Payments-Customers (sp ind A) BS D * 031 x 0021191000 Down Payment Requests-Customers (Sp Ind F) BS D * 031 x 0021191100 Contract Liability for Down Payments BS 001 0021191200 Contract Liability for Down Payment Requests BS 001 0021192000 Adjustment account down payments received BS 001 0021200000 Payables Foreign BS K * x 0021200100 Payables Foreign - One Time Accounts BS K * x 0021202000 Payables Foreign Adjustments BS 001 X 0021300000 Payables affiliated Companies BS K * x 0021320000 Lease Out Clearing Account (ROU) BS + 001 X 0021508000 Payroll - Garnishment BS X 016 0021509000 Payroll - Workers' Compensation Association BS X 016 0021517000 Other Personnel Costs BS X 0021518000 Document split acct (trip costs co.code clrg HR) BS X 016 0021519000 Payroll Allocation BS X 016 0021520000 IPI to Recover (BR) BR BS 0021521000 ICMS to Recover (BR) BR BS 0021522000 IR to Recover (BR) BR BS * x 0021522100 IRRF to Recover - Financial Investment(BR) BR BS 001 0021523000 TAX Transfer Plant (BR) BR BS 0021524000 PIS to Recover (BR) BR BS 0021525000 ISS to Recover (BR) BR BS 0021526000 COFINS to Recover (BR) BR BS 0021527000 CSLL to Recover (BR) BR BS 0021527100 INSS to Recover (BR) BR BS * X 0021530000 Tax - ICMS to Pay (BR) BR BS 0021530001 ICMS to Recover - UF Origem (Partilha) (BR) BR BS 0021530002 ICMS to Recover - UF Destino (Partilha) (BR) BR BS 0021530003 FCP / FECOEP To Recover (Partilha) (BR) BR BS 0021530004 ICMS - ST (Substituição Tributária) (BR) BR BS 0021530005 FCP to Pay to Destination State (BR) BR BS * 001 X X 0021530006 FCP to Pay to State of Invoice Issuer (BR) BR BS * 001 X X Chart Of Accounts Referential for Brazil Brazil has a Country Chart of Accounts, called the Referential Chart of Accounts, which is used specifically in the Electronic Report issued to the Government, but this does not mean that it is necessary to create a Country Chart of Accounts. Depending on the 3rd party solution, it can be provided in different ways. You can see the official Reference Chart of Accounts in the table below. Accounts Description Level Type Nature Valid From Valid To 1 ATIVO 1 Synthetic Asset 01/01/2015 1.01 ATIVO CIRCULANTE 2 Synthetic Asset 01/01/2015 1.01.01 DISPONIBILIDADES 3 Synthetic Asset 01/01/2015 1.01.01.01 CAIXA GERAL 4 Synthetic Asset 01/01/2015 1.01.01.01.01 Caixa Matriz 5 Analytic Asset 01/01/2015 1.01.01.01.02 Caixa Filiais 5 Analytic Asset 01/01/2015 1.01.01.02 DEPÓSITOS BANCÁRIOS À VISTA 4 Synthetic Asset 01/01/2015 1.01.01.02.01 Bancos Conta Movimento - No País 5 Analytic Asset 01/01/2015 1.01.01.02.02 Bancos Conta Movimento - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.04 NUMERÁRIOS EM TRÂNSITO 4 Synthetic Asset 01/01/2015 1.01.01.04.01 Numerários em Trânsito 5 Analytic Asset 01/01/2015 1.01.01.05 TÍTULOS E VALORES MOBILIÁRIOS - NÃO HEDGE - NO PAÍS 4 Synthetic Asset 01/01/2015 1.01.01.05.01 Títulos para Negociação - Mensurados a Valor Justo Por Meio do Resultado (VJPR) - No País 5 Analytic Asset 01/01/2015 1.01.01.05.02 Títulos Disponíveis para Venda - No País 5 Analytic Asset 01/01/2015 1.01.01.05.03 Títulos Mantidos até o Vencimento - No País 5 Analytic Asset 01/01/2015 1.01.01.05.10 Debêntures emitidas por Partes Relacionadas - No País 5 Analytic Asset 01/01/2015 1.01.01.05.11 Debêntures Emitidas por Partes Não Relacionadas - No País 5 Analytic Asset 01/01/2015 1.01.01.05.15 Outros Empréstimos e Recebíveis - No País 5 Analytic Asset 01/01/2015 1.01.01.05.50 (-) Juros a Apropriar Decorrentes de Ajuste a Valor Presente (AVP) - Valores Mobiliários - No País 5 Analytic Asset 01/01/2015 1.01.01.05.55 (-) Perdas por Redução ao Valor Recuperável (Impairment)- Valores Mobiliários - No País 5 Analytic Asset 01/01/2015 1.01.01.05.70 Subconta - Ajuste a Valor Justo - Valores Mobiliários – Não Hedge -No País 5 Analytic Asset 01/01/2015 1.01.01.05.90 Subconta – Adoção Inicial - Valores Mobiliários – Não Hedge - No País 5 Analytic Asset 01/01/2015 1.01.01.06 VALORES MOBILIÁRIOS - HEDGE - NO PAÍS 4 Synthetic Asset 01/01/2015 1.01.01.06.01 Derivativos - Hedge Valor Justo - No País 5 Analytic Asset 01/01/2015 1.01.01.06.02 Derivativos - Hedge Fluxo de Caixa - No País 5 Analytic Asset 01/01/2015 1.01.01.06.03 Derivativos - Hedge Investimento no Exterior - No País 5 Analytic Asset 01/01/2015 1.01.01.06.70 Subconta - Ajuste a Valor Justo - Valores Mobiliários – Hedge - No País 5 Analytic Asset 01/01/2015 1.01.01.06.90 Subconta – Adoção Inicial - Valores Mobiliários – Hedge - No País 5 Analytic Asset 01/01/2015 1.01.01.09 TÍTULOS E VALORES MOBILIÁRIOS - NÃO HEDGE - NO EXTERIOR 4 Synthetic Asset 01/01/2015 1.01.01.09.01 Títulos para Negociação - Mensurados a Valor Justo por Meio de Resultado (VJPR) - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.09.02 Títulos Disponíveis para Venda - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.09.03 Títulos Mantidos até o Vencimento - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.09.10 Debêntures emitidas por Partes Relacionadas - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.09.11 Debêntures emitidas por Partes Não Relacionadas - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.09.15 Outros Empréstimos e Recebíveis - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.09.50 (-) Juros a Apropriar Decorrentes de Ajuste a Valor Presente (AVP) - Valores Mobiliários - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.09.55 (-) Perdas por Redução ao Valor Recuperável (Impairment)- Valores Mobiliários - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.09.70 Subconta - Ajuste a Valor Justo - Não Hedge - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.09.90 Subconta – Adoção Inicial - Valores Mobiliários – Não Hedge - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.10 VALORES MOBILIÁRIOS - HEDGE - NO EXTERIOR 4 Synthetic Asset 01/01/2015 1.01.01.10.01 Derivativos - Hedge Valor Justo - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.10.02 Derivativos - Hedge Fluxo de Caixa - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.10.03 Derivativos - Hedge Investimento no Exterior - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.10.70 Subconta - Ajuste a Valor Justo - Valores Mobiliários – Hedge - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.10.90 Subconta – Adoção Inicial - Valores Mobiliários – Hedge - No Exterior 5 Analytic Asset 01/01/2015 1.01.01.40 RECURSOS NO EXTERIOR DECORRENTES DE EXPORTAÇÃO 4 Synthetic Asset 01/01/2015 1.01.01.40.01 Recursos no Exterior Decorrentes de Exportação 5 Analytic Asset 01/01/2015 1.01.01.99 OUTRAS DISPONIBILIDADES 4 Synthetic Asset 01/01/2015 1.01.01.99.01 Outras Disponibilidades 5 Analytic Asset 01/01/2015 1.01.02 CRÉDITOS 3 Synthetic Asset 01/01/2015 1.01.02.01 ADIANTAMENTOS 4 Synthetic Asset 01/01/2015 1.01.02.01.01 Adiantamentos a Fornecedores - no País – Circulante 5 Analytic Asset 01/01/2015 1.01.02.01.02 Adiantamentos a Fornecedores - no Exterior – Circulante 5 Analytic Asset 01/01/2015 1.01.02.01.03 Adiantamentos a Funcionários – Circulante 5 Analytic Asset 01/01/2015 1.01.02.01.04 Adiantamentos a Terceiros – Circulante 5 Analytic Asset 01/01/2015 1.01.02.01.98 Outros Adiantamentos – Circulante 5 Analytic Asset 01/01/2015 1.01.02.02 DUPLICATAS A RECEBER 4 Synthetic Asset 01/01/2015 1.01.02.02.01 Duplicatas a Receber – Operações com Partes Não Relacionadas - no País 5 Analytic Asset 01/01/2015 1.01.02.02.02 Duplicatas a Receber - Operações com Partes Não Relacionadas - no Exterior 5 Analytic Asset 01/01/2015 1.01.02.02.03 Duplicatas a Receber - Operações com Partes Relacionadas - no País 5 Analytic Asset 01/01/2015 1.01.02.02.04 Duplicatas a Receber - Operações com Partes Relacionadas - no Exterior 5 Analytic Asset 01/01/2015 1.01.02.02.50 (-) Juros a Apropriar Decorrentes de Ajuste da Valor Presente (AVP) – Duplicatas a Receber 5 Analytic Asset 01/01/2015 1.01.02.02.52 (-) Perdas Estimadas em Créditos de Liquidação Duvidosa - Duplicatas a Receber 5 Analytic Asset 01/01/2015 1.01.02.02.55 (-) Perdas por Redução ao Valor Recuperável (Impairment) - Duplicatas a Receber 5 Analytic Asset 01/01/2015 1.01.02.02.90 Subconta – Adoção Inicial - Duplicatas a Receber 5 Analytic Asset 01/01/2015 1.01.02.03 TRIBUTOS A RECUPERAR 4 Synthetic Asset 01/01/2015 1.01.02.03.01 IPI a Recuperar 5 Analytic Asset 01/01/2015 1.01.02.03.02 ICMS a Recuperar 5 Analytic Asset 01/01/2015 1.01.02.03.03 PIS a Recuperar - Crédito Básico 5 Analytic Asset 01/01/2015 1.01.02.03.04 PIS a Recuperar - Crédito Presumido 5 Analytic Asset 01/01/2015 1.01.02.03.05 COFINS a Recuperar - Crédito Básico 5 Analytic Asset 01/01/2015 1.01.02.03.06 COFINS a Recuperar - Crédito Presumido 5 Analytic Asset 01/01/2015 1.01.02.03.07 CIDE a Recuperar 5 Analytic Asset 01/01/2015 1.01.02.03.40 Outros Impostos e Contribuições a Recuperar 5 Analytic Asset 01/01/2015 1.01.02.03.50 (-) Juros a Apropriar Decorrentes de Ajuste a Valor Presente (AVP) - Tributos a Recuperar 5 Analytic Asset 01/01/2015 1.01.02.03.55 (-) Perdas por Redução ao Valor Recuperável (Impairment) - Tributos a Recuperar 5 Analytic Asset 01/01/2015 1.01.02.04 TRIBUTOS A COMPENSAR 4 Synthetic Asset 01/01/2015 1.01.02.04.01 Imposto de Renda Retido na Fonte (IRRF) 5 Analytic Asset 01/01/2015 1.01.02.04.02 IRPJ Recolhido por Estimativa 5 Analytic Asset 01/01/2015 1.01.02.04.03 IRPJ Saldo Negativo 5 Analytic Asset 01/01/2015 1.01.02.04.04 CSLL Retida na Fonte 5 Analytic Asset 01/01/2015 1.01.02.04.05 CSLL Recolhida por Estimativa 5 Analytic Asset 01/01/2015 1.01.02.04.06 CSLL Saldo Negativo 5 Analytic Asset 01/01/2015 1.01.02.04.07 PIS/PASEP Retido na Fonte 5 Analytic Asset 01/01/2015 1.01.02.04.08 PIS/PASEP a Compensar 5 Analytic Asset 01/01/2015 1.01.02.04.09 COFINS Retida na Fonte 5 Analytic Asset 01/01/2015 1.01.02.04.10 COFINS a Compensar 5 Analytic Asset 01/01/2015 1.01.02.04.11 IPI a Compensar 5 Analytic Asset 01/01/2015 1.01.02.04.12 IOF a Compensar 5 Analytic Asset 01/01/2015 1.01.02.04.13 Imposto de Importação a Compensar 5 Analytic Asset 01/01/2015 1.01.02.04.14 Imposto de Exportação a Compensar 5 Analytic Asset 01/01/2015 1.01.02.04.15 ITR a Compensar 5 Analytic Asset 01/01/2015 1.01.02.04.16 CIDE a Compensar 5 Analytic Asset 01/01/2015 1.01.02.04.17 Contribuição Previdenciária Retida na Prestação de Serviços 5 Analytic Asset 01/01/2015 1.01.02.04.18 Contribuição Previdenciária a Compensar 5 Analytic Asset 01/01/2015 1.01.02.04.40 Outros Tributos a Compensar 5 Analytic Asset 01/01/2015 1.01.02.04.50 ( - ) Juros a Apropriar Decorrentes de Ajuste a Valor Presente (AVP) - Tributos a Compensar 5 Analytic Asset 01/01/2015 1.01.02.04.55 ( - ) Perdas por Redução ao Valor Recuperável (Impairment)- Tributos a Compensar 5 Analytic Asset 01/01/2015 1.01.02.09 OUTROS CRÉDITOS – CIRCULANTE 4 Synthetic Asset 01/01/2015 1.01.02.09.01 Mútuos com Partes Não Relacionadas – Circulante - No País 5 Analytic Asset 01/01/2015 1.01.02.09.02 Mútuos com Partes Não Relacionadas – Circulante - No Exterior 5 Analytic Asset 01/01/2015 1.01.02.09.03 Dividendos a Receber - Circulante - No País 5 Analytic Asset 01/01/2015 1.01.02.09.04 Dividendos a Receber - Circulante - No Exterior 5 Analytic Asset 01/01/2015 1.01.02.09.05 Juros Sobre o Capital Próprio a Receber - Circulante 5 Analytic Asset 01/01/2015 1.01.02.09.06 Adiantamento para Futuro Aumento de Capital –Ativo - Circulante 5 Analytic Asset 01/01/2015 1.01.02.09.07 Outros Juros a Receber - Circulante 5 Analytic Asset 01/01/2015 1.01.02.09.09 Contraprestação Contingente Ativa - Combinação de Negócios - Circulante 5 Analytic Asset 01/01/2015 1.01.02.09.10 Demais Créditos a Receber - Circulante 5 Analytic Asset 01/01/2015 1.01.02.09.11 Depósitos em Contencioso - Circulante 5 Analytic Asset 01/01/2015 1.01.02.09.12 Outros Créditos em Contencioso - Circulante 5 Analytic Asset 01/01/2015 1.01.02.09.20 Direitos Creditórios Cedidos 5 Analytic Asset 01/01/2015 1.01.02.09.21 (-) Deságio na Cessão de Títulos 5 Analytic Asset 01/01/2015 1.01.02.09.25 Direitos Creditórios a Receber 5 Analytic Asset 01/01/2015 1.01.02.09.50 (-) Juros a Apropriar Decorrentes de Ajuste a Valor Presente (AVP) – Outros Créditos - Circulante 5 Analytic Asset 01/01/2015 1.01.02.09.55 (-) Perdas por Redução ao Valor Recuperável (Impairment) - Outros Créditos - Circulante 5 Analytic Asset 01/01/2015 1.01.02.09.60 CPC 47 - Atvos de Contrato - Circulante 5 Analytic Asset 01/01/2018 1.01.02.09.70 Subconta - Ajuste a Valor Justo – Outros Créditos - Circulante 5 Analytic Asset 01/01/2015 1.01.03 ESTOQUES 3 Synthetic Asset 01/01/2015 1.01.03.01 ESTOQUES DE MERCADORIAS 4 Synthetic Asset 01/01/2015 1.01.03.01.01 Mercadorias para Revenda 5 Analytic Asset 01/01/2015 1.01.03.01.55 (-) Perda por Ajuste ao Valor Realizável Líquido - Estoque Mercadorias 5 Analytic Asset 01/01/2015 1.01.03.01.70 Subconta - Ajuste a Valor Justo - Estoque Mercadorias 5 Analytic Asset 01/01/2015 1.01.03.01.75 ( - ) Subconta – Ajuste a Valor Presente (AVP) - Estoque Mercadorias 5 Analytic Asset 01/01/2015 1.01.03.01.90 Subconta – Adoção Inicial - Estoques de Mercadorias 5 Analytic Asset 01/01/2015 1.01.03.02 ESTOQUES DE PRODUTOS 4 Synthetic Asset 01/01/2015 1.01.03.02.01 Insumos (materiais diretos) 5 Analytic Asset 01/01/2015 1.01.03.02.02 Outros Materiais 5 Analytic Asset 01/01/2015 1.01.03.02.03 Produtos em Elaboração 5 Analytic Asset 01/01/2015 1.01.03.02.04 Produtos Acabados 5 Analytic Asset 01/01/2015 1.01.03.02.55 (-) Perda por Ajuste ao Valor Realizável Líquido - Estoque Produtos 5 Analytic Asset 01/01/2015 1.01.03.02.70 Subconta - Ajuste a Valor Justo - Estoque de Produtos 5 Analytic Asset 01/01/2015 1.01.03.02.75 ( - ) Subconta – Ajuste a Valor Presente (AVP) - Estoque de Produtos 5 Analytic Asset 01/01/2015 1.01.03.02.90 Subconta – Adoção Inicial - Estoques de Produtos 5 Analytic Asset 01/01/2015 1.01.03.03 ESTOQUES - ATIVIDADE IMOBILIÁRIA 4 Synthetic Asset 01/01/2015 1.01.03.03.01 Terrenos - Atividade Imobiliária 5 Analytic Asset 01/01/2015 1.01.03.03.02 Imóveis Adquiridos para Revenda - Atividade Imobiliária 5 Analytic Asset 01/01/2015 1.01.03.03.03 Obras em Andamento - Atividade Imobiliária 5 Analytic Asset 01/01/2015 1.01.03.03.04 Imóveis à Venda - Atividade Imobiliária 5 Analytic Asset 01/01/2015 1.01.03.03.05 Construções em Andamento de Imóveis Destinados à Venda 5 Analytic Asset 01/01/2015 1.01.03.03.06 Materiais de Construção - Atividade Imobiliária 5 Analytic Asset 01/01/2015 1.01.03.03.55 (-) Perda por Ajuste ao Valor Realizável Líquido - Estoque Atividade Imobiliária 5 Analytic Asset 01/01/2015 1.01.03.03.75 ( - ) Subconta – Ajuste a Valor Presente (AVP) - Estoque Atividade Imobiliária 5 Analytic Asset 01/01/2015 1.01.03.03.90 Subconta – Adoção Inicial - Estoques – Atividade Imobiliária 5 Analytic Asset 01/01/2015 1.01.03.04 ESTOQUES - LONGA MATURAÇÃO 4 Synthetic Asset 01/01/2015 1.01.03.04.01 Insumos (materiais diretos) - Estoque Longa Maturação 5 Analytic Asset 01/01/2015 1.01.03.04.02 Outros Materiais - Estoque Longa Maturação 5 Analytic Asset 01/01/2015 1.01.03.04.03 Produtos em Elaboração - Estoque Longa Maturação 5 Analytic Asset 01/01/2015 1.01.03.04.04 Produtos Acabados - Estoque Longa Maturação 5 Analytic Asset 01/01/2015 1.01.03.04.55 (-) Perda por Ajuste ao Valor Realizável Líquido - Estoque Longa Maturação 5 Analytic Asset 01/01/2015 1.01.03.04.70 Subconta - Ajuste a Valor Justo - Estoque Longa Maturação 5 Analytic Asset 01/01/2015 1.01.03.04.75 ( - ) Subconta – Ajuste a Valor Presente (AVP) - Estoque Longa Maturação 5 Analytic Asset 01/01/2015 1.01.03.04.90 Subconta – Adoção Inicial - Estoques – Longa Maturação 5 Analytic Asset 01/01/2015 1.01.03.05 ESTOQUES - ATIVIDADE RURAL 4 Synthetic Asset 01/01/2015 1.01.03.05.01 Produtos Agropecuários de Origem Animal 5 Analytic Asset 01/01/2015 1.01.03.05.02 Produtos Agropecuários de Origem Vegetal 5 Analytic Asset 01/01/2015 1.01.03.05.03 Insumos Agropecuários 5 Analytic Asset 01/01/2015 1.01.03.05.04 Outros Materiais - Atividade Rural 5 Analytic Asset 01/01/2015 1.01.03.05.55 (-) Perda por Ajuste ao Valor Realizável Líquido - Estoque Atividade Rural 5 Analytic Asset 01/01/2015 1.01.03.05.70 Subconta - Ajuste a Valor Justo - Estoque Atividade Rural 5 Analytic Asset 01/01/2015 1.01.03.05.75 ( - ) Subconta – Ajuste a Valor Presente (AVP) - Estoque Atividade Rural 5 Analytic Asset 01/01/2015 1.01.03.05.90 Subconta – Adoção Inicial - Estoques – Atividade Rural 5 Analytic Asset 01/01/2015 1.01.03.06 ESTOQUES SERVIÇOS 4 Synthetic Asset 01/01/2015 1.01.03.06.01 Materiais Aplicados na Produção de Serviços 5 Analytic Asset 01/01/2015 1.01.03.06.02 Serviços em Andamento 5 Analytic Asset 01/01/2015 1.01.03.06.03 Serviços Acabados 5 Analytic Asset 01/01/2015 1.01.03.06.55 (-) Perda por Ajuste ao Valor Realizável Líquido - Estoque Serviços 5 Analytic Asset 01/01/2015 1.01.03.06.70 Subconta - Ajuste a Valor Justo - Estoque Serviços 5 Analytic Asset 01/01/2015 1.01.03.06.75 ( - ) Subconta – Ajuste a Valor Presente (AVP) - Estoque Serviços 5 Analytic Asset 01/01/2015 1.01.03.06.90 Subconta – Adoção Inicial - Estoque Serviços 5 Analytic Asset 01/01/2015 1.01.03.07 ESTOQUES (OUTROS) 4 Synthetic Asset 01/01/2015 1.01.03.07.01 Material em Almoxarifado 5 Analytic Asset 01/01/2015 1.01.03.07.02 Material Destinado à Destruição 5 Analytic Asset 01/01/2015 1.01.03.07.03 Sucata 5 Analytic Asset 01/01/2015 1.01.03.07.04 Outros Estoques 5 Analytic Asset 01/01/2015 1.01.03.07.55 (-) Perda por Ajuste ao Valor Realizável Líquido - Estoques Outros 5 Analytic Asset 01/01/2015 1.01.03.07.75 ( - ) Subconta – Ajuste a Valor Presente (AVP) - Estoque Outros 5 Analytic Asset 01/01/2015 1.01.03.07.90 Subconta – Adoção Inicial - Estoque Outros 5 Analytic Asset 01/01/2015 1.01.05 DESPESAS DO EXERCÍCIO SEGUINTE 3 Synthetic Asset 01/01/2015 1.01.05.01 DESPESAS DO EXERCÍCIO SEGUINTE 4 Synthetic Asset 01/01/2015 1.01.05.01.01 Alugueis Pagos Antecipadamente 5 Analytic Asset 01/01/2015 1.01.05.01.02 Prêmios de Seguros a Apropriar 5 Analytic Asset 01/01/2015 1.01.05.01.03 Encargos Financeiros a Apropriar 5 Analytic Asset 01/01/2015 1.01.05.01.09 Outros Custos e Despesas Pagos Antecipadamente 5 Analytic Asset 01/01/2015 1.01.10 ATIVO BIOLÓGICO - CIRCULANTE 3 Synthetic Asset 01/01/2015 1.01.10.01 ATIVO BIOLÓGICO AVALIADO PELO VALOR JUSTO – CIRCULANTE 4 Synthetic Asset 01/01/2015 1.01.10.01.01 Ativo Biológico Consumível - Origem Animal – Pelo Valor Justo 5 Analytic Asset 01/01/2015 1.01.10.01.02 Ativo Biológico Consumível - Origem Vegetal – Pelo Valor Justo 5 Analytic Asset 01/01/2015 1.01.10.01.70 Subconta - Ajuste a Valor Justo (AVJ) – Ativos Biológicos Consumíveis Pelo Valor Justo - Circulante 5 Analytic Asset 01/01/2015 1.01.10.01.75 ( - ) Subconta – Ajuste a Valor Presente (AVP) - Ativos Biológicos Pelo Valor Justo - Circulante 5 Analytic Asset 01/01/2015 1.01.10.01.90 Subconta – Adoção Inicial - Ativo Biologico 5 Analytic Asset 01/01/2015 1.01.10.02 ATIVO BIOLÓGICO AVALIADO PELO CUSTO - CIRCULANTE 4 Synthetic Asset 01/01/2015 1.01.10.02.01 Ativo Biológico Consumível - Origem Animal - Pelo Custo 5 Analytic Asset 01/01/2015 1.01.10.02.02 Ativo Biológico Consumível - Origem Vegetal - Pelo Custo 5 Analytic Asset 01/01/2015 1.01.10.02.55 ( - ) Perdas por Redução ao Valor Recuperável (Impairment) - Ativos Biológicos Consumível - Pelo Custo 5 Analytic Asset 01/01/2015 1.01.10.02.75 ( - ) Subconta – Ajuste a Valor Presente (AVP) - Ativos Biológicos Consumíveis - Pelo Custo 5 Analytic Asset 01/01/2015 1.01.11 ATIVO NÃO CIRCULANTE MANTIDO PARA VENDA 3 Synthetic Asset 01/01/2015 1.01.11.01 ATIVO NÃO CIRCULANTE MANTIDO PARA VENDA 4 Synthetic Asset 01/01/2015 1.01.11.01.01 Ativo Não Circulante Mantido Para Venda 5 Analytic Asset 01/01/2015 1.01.11.01.55 (-) Perdas por Redução ao Valor Recuperável (Impairment) - Ativo Não Circulante Mantido para Venda 5 Analytic Asset 01/01/2015 1.01.11.01.70 Subconta - Ajuste a Valor Justo – Ativo Não Circulante Mantido para Venda 5 Analytic Asset 01/01/2015 CNPJ (National Registry of Legal Entities) The CNPJ is the Company ID. It serves to identify the business in the most diverse types of activities, such as issuing nota fiscal (e-invoice) or paying taxes. In countries like UK and many others, the Company ID is basically the number that the company is legally registered under, but in order to pay taxes, they need to issue a VAT number. In other words, the CNPJ is much more than a simple Company ID. In Brazil, as there is no VAT, but CBT (Condition Based-Tax Calculation), a much more complex tax system, the CNPJ is used both as a legal registration number as to pay taxes. In short : You can consider CNPJ more like: Company ID + VAT Number . Warning : There are other types of registration numbers for pay taxes. An example is the IE (State registration). If the company sells products, the ICMS (Goods Movement Tax) needs to be paid under IE number. Or even the Municipal registration, to pay the ISS (Service Tax) if the company provides services. How the CNPJs of the main office and branches work Looking at the example below, you can see Company A with 2 branches and Company B with no branch. With that example, in SAP, it is necessary to create 2 Company Codes and 4 Business Places. Example: Company Code [ BR01 ] = "Company A" Business Place [ 0001 ] = "Main Office" Business Place [ 0002 ] = "Branch 1" Business Place [ 0003 ] = "Branch 2" Company Code [ BR02 ] = "Company B" Business Place [ 0001 ] = "Main Office" Warning : Business place creation is required for tax purposes. CNPJ Coding It consists in 14 numerical digits (Example: 23.456.789/0001-99), and can be divided in blocks. 1º Block : The initial 8 digits are the registration block (Example: 23.456.789) 2º Block : The 4 subsequently digits are the type, main office or branches. (Example: 0001 means main office, 0002 branch one, 0003 branch two and so on...) 3º Block : The last 2 digits are check digits. It is created by Government automatically using the other numbers calculated in an algorithm (Example: 99) How to check a CNPJ? Path : https://solucoes.receita.fazenda.gov.br/Servicos/cnpjreva/Cnpjreva_Solicitacao.asp It can be verified, if a company is legally registered in the Brazilian government system, on the official webpage below. (The original page is in Portuguese language) Insert the CNPJ number Validate the Captcha Click in Consult CNPJ Example You can see an electronic CNPJ registration form issued by the Brazilian government (the data content in the fields has been suppressed for legal reasons). Numero de Inscrição: CNPJ (Company ID) Data de Abertura: Opening Date Nome Empresarial: Company Name Titulo do Estabelecimento (Nome de Fantasia): Trade Name Codigo e Descrição da Atividade Economica Principal: CNAE (Main) Codigo e Descrição da Atividades Economicas Secundarias: CNAE (Secondary) Codigo e Descricao da Natureza Juridica: Nature of the Company Logradoura: Street (Address) Numero: Street Number (Address) Complemento: Flat Number CEP: Zip Code / Post Code Bairro / Distrito: District Municipio: County UF: State Endereço Eletronico: Email Telefone: Phone Number Ente Federativo Responsavel (EFR): City Hall Ente Federativo Responsavel (EFR): City Hall Situacao Cadastral: Registration Status Data da Situacao Cadastral: Registration Status Date Motivo de Situacao Cadastral: Registration Status Reason Situacao Especial: Special Status Data da Situacao Especial: Special Status Date CNPJ / Branch | SAP Configuration Company Code Brazil T-Code : OBY6 To configure the Brazilian company code with CNPJ number. Click the "Additional Data" buttom. You can see the place for the CNPJ: 8 digits | Registration block 4 digits | Main office The 2-digit verification code is not required, SAP has the logic to calculate the verification algorithm correctly. SAP Business Place T-Code : SPRO Path : Cross-Application Components -> General Application Functions -> Nota fiscal -> CNPJ Business Place -> Define Business Places If the company has other branches, just create them in the business place configuration. The branches are always sequential "0002", "0003", "0004" and so on. CNPJ Check CNPJ Duplicity Check T-Code : BUPA_TAXNUMTYPE Turn on the Category BR1. Activating the duplicity check you can ensure that won't have any Business Partner duplicated. BR1 | CNPJ Number BR2 | CPF Number BR3 | State Tax Number BR4 | Municipal Tax Number Hint : You can also activate it for natural person business partner (CPF), and ensure a more accurate check for State tax number and Municipal tax number in the Business Partner master record. Warning : The screens, path and information may be different from SAP to SAP, depending on the version. Those screens above are from SAP S/4 HANA. Brazilian Banking System BACEN / BCB / BC: Banco Central Brasileiro / Brazilian Central Bank The Brazilian Central Bank is an autonomous federal agency, which means that it has autonomy from other public authorities. In other words, it is not subordinate to any other body, but operates under the supervision of the federal government and is linked to the Ministry of Economy. Bacen aims to guarantee the stability of the purchasing power of the national currency in the country and is responsible for regulating the financial system. Being responsible for regulation, he controls financial institutions that may or may not operate in Brazil. Any and all financial market institutions are subject to inspections by Bacen and require authorization to operate. Due to this regulatory action in relation to banks and financial institutions, Bacen is popularly called the “bank of banks”. Without its action, economic relations between banks and the population would not be viable. For example, banks are free to offer their products, but they must follow strict rules on how to operate in the market. Thus, the population is “protected” from abuse by financial institutions. SPB: Sistema de Pagamentos Brasileiro / Brazilian Payment System The SPB works like a web, structured by several threads that support the Brazilian Payment System. It is made up of the BACEN's financial institutions and some other entities, such as the Central for Custody and Financial Settlement of Private Securities (CETIP Central de Custodia e Liquidacao Financeira de Titulos Privados). In this way, together, all the institutions that form the SPB. SPB works at the forefront of processes involving financial movements between economic agents. Therefore, it is the responsibility of this system to ensure that all these operations are carried out quickly and quickly. SPB also settles payments to legal entities and individuals. In other words, without it it wouldn't be possible to have PIX. In this sense, settlement carried out by SPB (and also by SPI, the Instant Payment System) means the transfer of values between accounts, making money circulate safely. SPB Payment Methods Statistics The BACEN publishes information related to the various retail payment instruments and credit transfers used in Brazil. Those datas are collected and disclosed by SPB using these sources below. Data Published / Updated Monthly PIX (source: SPI and documento 1201) TED (source: CIP-SITRAF and STR) Boletos (source: CIP-SILOC) DOC and TEC (source: CIP-SILOC) Check / Cheque (source: Compe) Data Published / Updated Quarterly Credit Cards, Debit Cards and Prepaid Cards (fonte: documentos 6308 e 6334) Data Published / Updated Semiannually Utility payments, Cash Withdrawals, Intrabank Transfers and Direct Debit (source: documento 6209) SPI: Sistema de Pagamentos Instantaneos / Instant Payment System The SPI is the centralized and unique infrastructure for settling instant payments between different institutions in Brazil. The SPI operation, managed by the BCB, began in November 2020. SPI is a system that performs Real-Time Gross Settlement (LBTR Liquidacao Bruta em Tempo Real), that is, it processes and settles transaction by transaction. Once settled, transactions are irrevocable. Instant payments are settled with entries in specific purpose accounts that institutions directly participating in the system maintain at the BACEN, called Instant Payment Accounts or "PI Accounts" (Contas Pagamento Instantaneo - Contas PI). To guarantee the solidity of the system, there is no possibility of overdrafts, that is, negative balances in "PI Accounts" are not permitted. In Summary : The Instant Payment System (SPI) is a specific structure for operating payments with PIX. The system is focused on the settlement of these payments between existing institutions in Brazil and began to be part of the Central Bank in November 2020, taking the idea of PIX off the ground. DICT: Diretorio de Identificadores de Contas Transacionais / Directory of Transactional Account Identifiers The DICT is a type of database with information on receiving users and their accounts, which works as a security mechanism. For example, during a transaction via PIX, the data is available in the DICT to complete payments. It is the Transactional Account Identifier Directory that identifies these accounts for the transaction. Let's assume that an email used by someone as a PIX key belongs to that person's bank account. It is the DICT who “informs” PIX about this, therefore making transfers possible. This email example could be any other PIX key, such as CPF, telephone number, etc. This directory makes payment initiations more agile, requesting only basic information to carry out transfers. IP: Instituição de Pagamento / Payment Institution An IP is the abbreviation for Payment Institution, and can be a company that only offers payment services, while banks go beyond that, proposing, for example, financing, loans, etc. It is through an IP that money moves and payments are completed safely, as it aims to enable payments without directly depending on a relationship with banks or financial institutions. PSP: Provedor de Serviço de Pagamento / Payment Service Provider PSP, is the term used to define a kind of umbrella that brings together all institutions participating in PIX. Therefore, it is possible to say that PSPs are within the payments market and are financial institutions that use PIX and participate in all this dynamics, performing services efficiently. Participation in SPI Process Flow Ways to access the SPI Treasure (Accounts Payable, Receivable and Bank Accounting) SAP localization offers most payment formats on the market to meet the specific requirements of major Brazilian banks. The Main Brazilian Banks Itau (Bank Code 341) Bradesco (Bank Code 237) Santander (Bank Code 033) Banco do Brasil (Bank Code 001) Caixa Economica Federal (Bank Code 104) HSBC (Bank Code 399) Citibank (Bank Code 745) Data Medium Exchange SAP supports outgoing (sent to your bank) and incoming (received from your bank) files for the following formats: Brazili an Bank File Formats : Flat File (Not XML) Accounts Payable - Vendor (Remittance and Return) Itau Layout: Itau 240 (SISPAG) ERPFI: Versions 010/020/050/080 Bradesco Layout: Bradesco 500 (PAGFOR) Layout: Bradesco HR 200 (Folha) Layout: Bradesco CNAB 240 (PFEB) Febraban Layout: Febraban/CNAB 240 Segment: A, B, J ERPFI: Versions 030/040/050/087 DDA [ERPFI: Version 084 / Segment: G and H] Accounts Receivable - Customer (Remittance and Return) Itau Layout: CNAB 400 Segment: 0, 1, 9 Bradesco Layout: Cobranca Bradesco 400 Layout: Bradesco CNAB 240 Febraban Layout: Febraban/CNAB 240 Segment: P, Q, T, U ERPFI: Versions 084/087 Hint : Febraban format is used by several Brazilian banks Payment Methods The most common interbank payment schemes in Brazil Accounts Receivable (Incoming Payments) Duplicata Option 1 - SAP ECC Standard: Payment Method: A Program: RFFOBR_A Formats: Itau Cobranca 400, Bradesco CNAB 400, Febraban CNAB 240 Option 2 - SAP S/4 Standard using DMEEX: Payment Medium Format: BR_FEBRABAN_P Formats: Febraban CNAB 240 Format Supplement: DUPLIC If you employ a duplicata payment method, what you create out of the payment run is called duplicata, since it duplicates the information you already sent your customer in the invoice (it is a type of trade bill). The system generates a duplicata for each open item. In most cases, you send a DME file, containing the duplicata information, to your bank (you can also send a paper payment list, called a borderô). Boleto Option 1 - SAP ECC Standard: Payment Method: D Program: RFFOBR_D Formats: Itau Cobranca 400, Bradesco CNAB 400, Febraban CNAB 240 Option 2 - SAP S/4 Standard using DMEEX: Payment Medium Format: BR_FEBRABAN_P Formats: Febraban CNAB 240 Format Supplement: BOLETO/DUPLIC This payment method is similar to the duplicata one, except that a company or bank can print its own boletos. For example, to save the fee charged by the bank for this service, or to save time and receive the payment quicker. In this case, the company also sends the duplicata DME file to the bank and processing is the same as above. Process Flow The system generates a Boleto/Duplicata file with the relevant program. You send the DME file to your bank Each duplicata contained in the file is represented by a unique duplicata number, called "Seu numero". The bank confirms it has received your file by sending you a return file (return file). You import this file (T-Code: FF_5) and the system updates the following information in the related open items: In the SAP Open Item Field: House bank | With the information: Bank In the SAP Open Item Field: Reference Key 3 | With the information: Duplicata number assigned by the bank (Nosso Numero) In the SAP Open Item Field: Reference Key 1 | With the information: Bank account statement number and item number within the statement In the SAP Open Item Field: Reference Key 2 | With the information: Collection agency (agencia cobradora) Accounts Payable (Outgoing Payments) TED It stands for "Transferencia Eletronica Direta" or in English "Direct Electronic Transfer" Transfer same day (respecting day and time) Non-limited value Transferencia PIX PIX is not a acronym. it's more like a brand to refer to technology, pixels and transactions Created in 2020 by BACEN (Brazilian Central Bank) Transfer in seconds Non-limited value DDA (Debito Direto Autorizado / Authorized Direct Debit) Unusual interbank payment schemes in Brazil Accounts Receivable (Incoming Payments) DA (Debito Automatico / Automatic Debit or Direct Debit) Differences: The DDA allows you to check payment slips issued using your CPF or CNPJ in a single place. DA pays registered accounts automatically (and each system works for different types of accounts) Checks / Cheques SAP ECC Standard Template: Payment Method: C Program: RFFOUS_C Vendor Operation (Operacao Vendor) SAP ECC Standard Template: Payment Method: V Program: RFFOBR_V DDA vs DA DDA (Debito Direto Autorizado / Authorized Direct Debit) What it does? - Allows you to check all billing slips (Boletos) issued using someone's CPF or CNPJ on the app, internet banking and other electronic channels How it works? Allowed Bills - Billing slips (Boletos), such as condominium, school, college and health care DA (Debito Automatico / Automatic Debit or Direct Debit) What it does? - Automatically pays monthly bills using the account balance How it works? - When you register a direct debit bill, payment is made automatically using the account balance on the due date Allowed Bills - Utility bills and some taxes, such as water, electricity, telephone, internet and IPTU (Imposto Predial e Territorial Urbano / Property tax) Deprecated Interbank Payment Schemes Accounts Payable (Outgoing Payments) DOC It stands for "Documento de Ordem de Credito" or in english "Credit Order Document" Created in 1985 by BACEN (Brazilian Central Bank) Transfer 1-2 banking days Limited value R$ 4.999,99 Deprecated in 2024 (It was replaced by PIX) TEC It stands for "Transferencia Especial de Credito" or in English "Special Credit Transfer" Transfer same day Limited value R$ 4.999,99 Deprecated in 2024 (It was replaced by PIX) PIX (Payment Method) In Brazil, a new instant payment method is introduced that enables electronic money transfers in real-time available 24/7 between accounts without any intermediary, bring more convenience to the consumer in their financial transactions. The system that enables this electronic money transfer is called PIX, and falls under the responsibility of the Central Bank in Brazil. Pix is instant payment system, allowing send and receive money in a manner of a couple seconds. You can pay bills and purchases or make transfers instantly. The system is another option for boleto, TED, DOC or even debit / credit card. The best thing is that the service is free for Individuals. The Pix icon is inside the banking application and internet banking, as well as other features, such as DOC and TED. The Pix key links the customer's information to a bank account (identification of the financial institution, branch number, account number and type of account), you can recognize it as an alias to the bank account and, to make a Pix, just know the key or read the recipient's QR code. In addition, Pix can be done on any day and time. For PIX payments, you can: Use a QR code generated by the payment system (PIX) Use a PIX key Email Phone Number CNPJ/CPF Random key (a set of random number, letters and symbols) Bank account * Formats defined by FEBRABAN (CNAB 240 and CNAB 750) Historical Description Historical description is a detailed and clear explanatory description for every line item posted in the Brazilian Accounting Books, that will be showed in the accounting statements. (This is a Brazilian legal requirements, and it is mandatory). Issue : Many postings in SAP are automatic postings and they are created with field BSEG-SGTXT in blank, or even manual posting can be created with no description by key user. Making the accounting book not being in compliance with Brazilian legal requirements. Standard Solution : SAP released the OSS note "108559" with the Historical description solution, that creates a automatic description for each line item (BSEG-SGTXT) posted in blank in accounting book for the Brazilian Company Codes. Standard Solution | Step by Step Create a Function (ABAP Step) Create Text for the Function (ABAP Step) Maintain Client-Specific User Exits (ABAP Step) Create a Substitution Rule (FI Consultant Step) Activate the Substitution Rule (FI Consultant Step) Enhance the Function Logic (ABAP Step) (Optional) 1. Create function Z_1B_HISTORICAL_DESCRIPTION as described TCode : SE37 Function name : Z_1B_HISTORICAL_DESCRIPTION Code : Copy and Past the code below ======================================================================== function z_1b_historical_description. *"---------------------------------------------------------------------- *"*"Local interface: *" IMPORTING *" VALUE(LINE_BSEG) LIKE BSEG STRUCTURE BSEG *" VALUE(LINE_BKPF) LIKE BKPF STRUCTURE BKPF *" EXPORTING *" VALUE(E_SGTXT) TYPE C *"---------------------------------------------------------------------- tables: vbrp, vbak, tvakt, kna1, lfa1, skat, t001, mseg, t156t, t003t. data: hlp_text(100) type c, account_name(20) type c. e_sgtxt = line_bseg-sgtxt. * Text empty ? check line_bseg-sgtxt = space. clear e_sgtxt. * Document type select single * from t003t where spras = sy-langu and blart = line_bkpf-blart. e_sgtxt(20) = t003t-ltext. case line_bseg-koart. when 'D'. select single * from kna1 where kunnr = line_bseg-kunnr. account_name = kna1-sortl. when 'K'. select single * from lfa1 where lifnr = line_bseg-lifnr. account_name = lfa1-sortl. when others. select single * from t001 where bukrs = line_bseg-bukrs. select single * from skat where spras = sy-langu and ktopl = t001-ktopl and saknr = line_bseg-hkont. account_name = skat-txt20. endcase. hlp_text = e_sgtxt. concatenate hlp_text account_name into e_sgtxt separated by ' '. hlp_text = e_sgtxt. * text-001 = free choice, but should be no longer than 10 concatenate hlp_text text-001 into e_sgtxt separated by ' '. endfunction. ======================================================================== Do not forget to define the import/export parameters correspondingly: Import parameter Reference field Reference type LINE_BSEG BSEG LINE_BKPF BKPF Export parameter Reference field Reference type E_SGTXT C In the higher releases, please maintain the parameters as Parameter Name Type spec. Associated type LINE_BSEG TYPE BSEG LINE_BKPF TYPE BKPF Parameter Name Type spec. Associated type E_SGTXT TYPE CHAR50 2. Create text-001 in function Z_1B_HISTORCIAL_DESCRIPTION text-001 : "como ref." (That means in English "As Reference") 3. Maintain Client-Specific User Exits TCode : GCX2 Action : Copy the program under the application area GBLS (e.g. RGGBS0TR) to a local version of the program (e.g. ZGGBS0TR). Code : This local copy contain the following coding, where 'HISTO' stands for the name of the user-exit. ====================================================================== form get_exit_titles tables etab. ... * >>>>> BEGIN INSERT exits-name = 'HISTO'. exits-param = c_exit_param_none. exits-title = text-103. "Historical description append exits. * >>>>> END INSERT ... endform. * >>>>> BEGIN INSERT FORM HISTO. CALL FUNCTION 'Z_1B_HISTORICAL_DESCRIPTION' EXPORTING LINE_BSEG = BSEG LINE_BKPF = BKPF IMPORTING E_SGTXT = BSEG-SGTXT EXCEPTIONS OTHERS = 1. ENDFORM. * >>>>> END INSERT ======================================================================== 4. Create a Substitution Rule TCode : GGB1 Open the folder "Financial Accounting" and subfolder "Line Item" Create a Substitution informing a ID (e.g. "HISTO") Create a Step and mark "BSEG-SGTXT" Mark the radio button "Exit" and fill in the "is substituted by" with the exit "HISTO" 5. Activate the Substitution Rule TCode : Enter the Company Code Callup point 2 Enter the Substitution Rule created Activation Level 1 6. Enhance the Program Logic (Optional) If you need to improve the solution logic, the FI consultant can creates a functional spec, with a new logic and the ABAP can modify the function to meet the business requirements. Suggestion Issue : If key users abroad execute some procedures centrally in the head quarter for the Brazilian company code, the function gets the language from the user logon. That can creates Historical Descriptions in other languages than Portuguese (The only official language in Brazil is Portuguese, and only Portuguese is allowed, by Brazilian authorities. Solution : Change the "sy-langu" from the code, replacing by "PT". (If this change was not made the Document Type description and the G/L Account description will be show in the Historical description "BSEG-SGTXT") ====================================================================== * Document type select single * from t003t where spras = sy-langu and blart = line_bkpf-blart. ====================================================================== select single * from t001 where bukrs = line_bseg-bukrs. select single * from skat where spras = sy-langu and ktopl = t001-ktopl and saknr = line_bseg-hkont. ====================================================================== Brazilian Master Data Material Master Record The material master record has been enhanced to store additional data relevant to materials in Brazil. The primary use for that information is: Tax calculation Nota Fiscal generation Brazilian Fields Control code: This field contains the NCM code (Mercosur Common Nomenclature). It is used to calculate taxes and then printed on the nota fiscal. T-Code: MM01 (Tab: Foreign Trade Import / Foreign Trade Export) Material CFOP category: This field contains the CFOP category for the material, which it is used to determine the CFOP code during nota fiscal generation. T-Code: MM01 (Tab: Foreign Trade Import / Foreign Trade Export) Material usage: Intended usage of the material (e.g. consumption). It is used to determine the CFOP code. T-Code: MM01 (Tab: Accounting 2) Material origin: Specifies where the material was produced (e.g. domestic or imported). It is used to determine the CFOP code. T-Code: MM01 (Tab: Accounting 2) Produced in-house: A flag to indicate whether the material was produced by the company (not sourced externally). It is used to determine the CFOP code. T-Code: MM01 (Tab: Accounting 2) Vendor Master Record Some fields in the vendor master are designed specifically for Brazil, while others are of a more generic nature, but have a particular use for Brazil. Those are the most relevant fields to Brazilian vendor master record. T-Code: BP View: General Data Tab: The tax region is displayed in the Jurisdict. code (Tax jurisdiction code) field on the Address screen. When you enter the region, the system automatically determines the tax region. T-Code: BP View: General Data Tab: Control Tax Number 1: CNPJ (Only for legal entities - companies) Tax Number 2: CPF (Only for Natural Person) Natural Person indicator: Must be active when vendor is not a legal entity but a Natural Person Tax Number 3: State tax number (inscrição estadual). If exempt, must contain word “ISENTO” Tax Number 4: Municipal tax number (inscricao municipal). If exempt, must contain word “ISENTO” Tax split: An indicator to post half of the calculated IPI value as deductible input tax, and deducts the other half from the inventory posting or the posting to an expense account. You generally set this indicator for wholesale vendors who do not pay IPI. Tax base: In Logistics Invoice Verification, the system calculates the ICMS tax value with a reduced tax base for freight charges only. Brazilian law stipulates a reduced tax base of 80% of the transport invoice (conhecimento). Enter tax base 1 if the carrier is to receive an 80% ICMS base reduction. T-Code: BP View: Company Code Data Tab: Payment block indicator: For vendors that send boletos, you should maintain your payment terms with a payment block. Customer Master Record Some fields in the customer master are designed specifically for Brazil, while others are of a more generic nature, but have a particular use for Brazil. Those are the most relevant fields to Brazilian customer master record. T-Code: BP View: General Data Tab: On the Address tab, the tax region is displayed in the Jurisdict. code (Tax jurisdiction code) field. When you enter the geographical region, the system automatically determines the tax region. T-Code: BP View: General Data Tab: Control Tax number(s) CFOP category The system uses this value to determine the CFOP code when you enter a sales order, in order to create a nota fiscal in Sales and Distribution (SD). ICMS tax law IPI tax law Whether the customer is exempt from IPI and/or ICMS SubTrib group, a group of customers subject to the same SubTrib tax calculation T-Code: BP View: Company Code Data Tab: Payment Transactions Single payment: (Indicator: Pay all items separately?). This must be set since the system creates a "duplicata" for each open item. Period End Closing | Foreign Currency Valuation SAP Period End Closing is a sequence of activities that need to be performed to close the period (monthly or yearly). Some activities are business mandatory, others are technically mandatory and some are optional, which can only be defined depending on the scope of the implemented scenarios. Foreign Currency Valuation Foreign currency revaluation is a mandatory period-end closing activity if the company has foreign currency balances at the end of the month. The main T-Code (Transaction Code) for the revaluation is: F.05 (SAP ECC with classic GL) FAGL_FC_VAL (SAP ECC with New GL and later versions) FAGL_FCV (SAP S/4 HANA later version) Brazilian Requirement The mandatory requirement for Brazil is that the foreign currency must be revaluated at the end of the month by the PTAX rate provided by the Central Bank of Brazil (BACEN) . Foreign companies usually use the exchange rate based on Bloomberg or XE. These rates are very close to the PTAX, but they are not the same. If the values of balances in foreign currencies are too high, not using the PTAX rate, may cause a visible discrepancy in the company's books, leading to possible fines by the Brazilian government. BACEN Website : https://www.bcb.gov.br/en Example (USD/BRL Rate / last day of January 2023) BACEN Rate = 5.0987 | Bloomberg Rate = 5.0518 | XE Rate = 5.11619 Warning : Not only the rate can be different, but also the decimal places, depending on the source. Why is the rate different? Forein Souces In the forein sources, the exchange rate is the real-time exchange rate, called mid-market (or commercial exchange rate). Brazilian Central Bank PTAX The PTAX is calculated based on the average rates consulted by the BCB at foreign exchange brokers. The BCB consults the brokers in four moments of high liquidity in the foreign exchange market. Each query can take place within a ten-minute interval. Once the window opens, brokers have two minutes to submit their exchange rates. Each broker informs a single purchase rate and a single sale rate referring to the actual rates practiced in the interbank market at the start time of each window. The exact consultation time is randomly determined by the PTAX System in the following intervals: 1º Query: Between 10:00 AM and 10:10 AM 2º Query: Between 11:00 AM and 11:10 AM 3º Query: Between 12:00 PM and 12:10 PM 4º Query: Between 01:00 PM and 01:10 PM Fact : PTAX complies with the principles of IOSCO (International Organization of Securities Commissions), which are: governance, reference rate quality, methodology quality and accountability. Foreign Currency Revaluation Flow Below is the simplified flow for Foreign Currency Revaluation. References: SAP (www.sap.com ); Brazilian Ministry of Finance (www.gov.br ); Wikipedia (www.wikipedia.org ); World Bank Open Data (data.worldbank.org ); Impostometro (https://impostometro.com.br ); NFe GRC Suporte ( nfegrcsuporte.blogspot.com )

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Topics: Brazil Localization | BR Country Version; Localized Processes in Purchasing (PTP/MM) and Sales (OTC/SD); Material Management (MM) Localization; SAP Third-Party Solution Partners (Graded); NF-e | Nota Fiscal | DANFE; Tax Engine (Thomson Reuters | Sabrix | OneSource GlobalNest IDT Customization Steps); CFOP; CNAE; Tax Regimes; Brazilian Tax Reform (New Brazilian VAT); SPED; ECD, EFD; ECF; e-Reporting Up Brazil Localization Tax Overview Brazilian Taxes Localized Processes in Purchasing (MM) and Sales (SD) Material Management (MM) Localization SAP Brazilian Tax Calculation Schema Brazilian Tax-O-Meter SAP Third-Party Solution Partners (Graded) NF-e | Nota Fiscal NF-e | Danfe Tax Engine (Thomson Reuters | Customization Steps) CFOP (Fiscal Code of Operations and Benefits) CNAE (National Classification of Economic Activities) Tax Regimes SPED (e-Reporting) Brazilian Tax Reform (New Brazilian VAT) Brazilian Taxes Tax / Fiscal terms Tribute (pt: Tributo)| It is an obligation to pay, created by law, imposed on taxpayers with the aim of managing the development of the State, since we live in society The Brazilian Federal Constitution classifies taxes into a list of 5 elements: Taxes Fees Improvement Contributions Compulsory Loans Special Contributions Fee (pt: Taxa)| It is a tax charged to a public administration activity that is directly or indirectly linked to the taxpayer, for the provision of a service that is paid for by the State The fee will be found in most public services, such as: Court Fees Traffic Fines (as this is a police power) Fire fees Urban Waste Collection Fees Tax (pt: Imposto) | Unlike other tributes, such as fees and contributions, this is an unlinked tax, that is, it is due by the taxpayer regardless of any consideration from the State It is considered the most important tribute in the country. Among the main taxes in Brazil, we can mention: ICMS, IPI, ISS, IR and other Classification Direct (pt: Diretos) | Direct taxes are those that directly affect the income, assets and economic activities of individuals and companies, such as Income Tax, IPVA, ITR, IPTU, ISS, among others Indirect (pt: Indiretos) | Indirect taxes are those that are levied on goods, services and commercial transactions, reflecting on the final price of products and services, such as ICMS, IPI, PIS, COFINS, among others Additional (pt: Adicional) | When the taxable event is represented by the payment of another tax. As an example, we have the additional 10% of the Income Tax, Legal Entity Fixed (pt: Fixo) | When determined in a specific amount, regardless of calculations. For example, the ISS for independent professionals Proportional (pt: Proporcional) | When established as a single percentage incident on the value of the taxable material, the tax amount increases only when the basic value for calculation increases (ICMS, IPI and ISS, when incident on revenue) Progressive (pt: Progressivo) | When the rates are set at variable and increasing percentages, according to the increase in the value of the taxable matter - for example, Personal Income Tax Regressive (pt: Regressivo) | Taxes are levied in equal percentages on taxpayers, without taking into account the economic capacity of the person who will bear the tax burden. This makes them "regressive", that is, taxpayers with lower economic conditions end up paying (proportionally) a larger share of taxes on their income. ICMS, IPI, PIS and COFINS are examples of regressive taxes (at the same time, they are also classified as indirect) Real (pt: Real) | This is a tax based on real (physical) assets, known as "Taxes on Assets", such as IPTU, IPVA and ITR Personal (pt: Pessoal) | Personal is the tax that establishes tax differences based on conditions inherent to the taxpayer. Taxes are levied according to the taxpayer's economic capacity (Income Tax for individuals and legal entities) Extrafiscal (pt: Extrafiscal) | Tax that aims not only at collecting revenue, but also at correcting anomalies. Example: Export Tax Parafiscal (pt: Parafiscal) | Contribution charged by an autarchy, parastatal, professional or social bodies, to cover their autonomous financing. Example: annual fee for CRC, CREA, OAB, etc Taxation II - Import Tax In Portuguese: Imposto de Importacao Level: Federal Levy: It is levied on all imported products in two different ways: goods worth up to US$100 and between US$100 and US$3,000 IE - Export Tax In Portuguese: Imposto de Exportacao Level: Federal Levy: It is levied on products produced in Brazil and sent to other countries IPI - Tax on Industrialized Products In Portuguese: Imposto sobre Produtos Industrializados Level: Federal Levy: It is levied on products that have undergone some industrialization process, whether imported or not; it is paid by importers and business owners IOF - Tax on Financial Transactions In Portuguese: Imposto sobre Operacoes Financeiras Level: Federal Levy: It is levied on credit, exchange or insurance transactions, for both individuals and legal entities IRPJ - Corporate Income Tax In Portuguese: Imposto de Renda Pessoa Juridica Level: Federal Levy: Monthly, quarterly or annual tax, depending on the tax regime, levied on companies on their gross income IRPF - Individual Income Tax In Portuguese: Imposto de Renda Pessoa Fisica Level: Federal Levy: Tax required from taxpayers with earnings above the ceiling established by the Federal Revenue Service ITR - Tax on Rural Land Property In Portuguese: Imposto sobre a Propriedade Territorial Rural Level: Federal Levy: Annual tax levied on rural property owners, whether individuals or legal entities COFINS - Contribution for the Financing of Social Security In Portuguese: Contribuicao para o Financiamento da Seguridade Social Level: Federal Levy: Annual tax levied on almost all companies to finance programs such as social security CIDE - Contribution for Intervention in the Economic Domain In Portuguese: Contribuicao de Intervencao no Dominio Economico Level: Federal Levy: Tax added to oil, natural gas and their derivatives; the rate is based on the cubic meter of fuel CSLL - Social Contribution on Net Income In Portuguese: Contribuicao Social sobre o Lucro Liquido Level: Federal Levy: Tax levied on the company's net income as set forth in the IRPJ INSS - National Institute of National Security In Portuguese: Instituto Nacional da Seguridade Nacional Level: Federal Levy: Tax collected from both individuals and legal entities to fund social security, among other areas FGTS - Service Time Guarantee Fund In Portuguese: Fundo de Garantia do Tempo de Servico Level: Federal Levy: Tax deducted from workers' salaries; it can be withdrawn by them in cases provided for by law, such as unfair dismissals PIS/PASEP - Social Integration Program / Public Servant Asset Formation Program In Portuguese: Programa de Integracao Social / Programa de Formacao do Patrimonio do Servidor Publico Level: Federal Levy: Tax collected to fund bonuses and unemployment insurance for workers in state-owned companies ICMS - Tax on the Circulation of Goods and Services In Portuguese: Imposto sobre Circulacao de Mercadorias e Servicos Level: State Levy: Tax collected by companies and passed on to consumers when they purchase products and services sold in Brazil ITCMD - Tax on Transfers of Property by Death and Donation In Portuguese: Imposto sobre Transmissao Causa Mortis e Doacao Level: State Levy: Tax levied on inheritances and donations and goes directly to the state coffers IPVA - Tax on Ownership of Motor Vehicles In Portuguese: Imposto sobre a Propriedade de Veiculos Automotores Level: State Levy: Tax collected from owners of motor vehicles; half of the amount collected goes to the state and the other part goes to city governments, which decide how to manage the money ITBI - Tax on Transfer of Assets Inter Vivos In Portuguese: Imposto sobre Transmissao de Bens Inter Vivos Level: Municipal Levy: Tax paid by the buyer of a property when transferring assets of this nature ISS - Tax on Services In Portuguese: Imposto sobre Servicos Level: Municipal Levy: Tax collected from companies and self-employed professionals IPTU - Tax on Urban Land and Real Estate Property In Portuguese: Imposto sobre a Propriedade Predial e Territorial Urbana Level: Municipal Levy: Tax collected from property owners or tenants Complexity of PIS and COFINS Some tax scholars say that PIS/COFINS can be considered Direct Taxes due to all the conceptual notions illustrated below. But, in fact, PIS/COFINS are widely considered Indirect Taxes by Brazilian Authorities, Companies and by the vast majority of tax experts (even by SAP). The complexity of those taxes lies in conceptual notions of: Direct / Indirect Taxes Cumulativeness Legal Taxpayer Actual taxpayer General Economic Impact Specific Economic Impact Taxable Event Localized Processes in Purchasing (MM) and Sales (SD) These are some examples of localized logistics processes. Although sometimes there is an inherent complexity in SD pricing, in Brazil, the complexity of the operation and purchasing processes, including also inventory management, can be much greater in procurement (MM). And in sales, if the company sells not only goods, but services, then the complexity of sales processes can increase significantly. Sales (SD/OTC) Consignment Sales Future Delivery Sales Triangular Transactions (Third Party Sales) Sale with Returnable Packaging Sales Return (Return with original NF and issuing incoming NF) Sales Return (Return with NF and issued by the customer) Procurement (MM/PTP) Purchase Operations with Goods Receipt for: Industrialization Resales Use and Consumption Assets Services Freight Material Management (MM) Localization Localization of SAP ERP Materials Management is a part of SAP Logistics functionality. The SAP Logistics function incorporate a number of distinct areas that together follow the movement of materials from manufacturer to consumer. Materials Management contains many aspects of SAP functi onality, including purchasing, goods receiving, material storage, inventory, and invoicing. Standard Supported Scenarios in Brazil Localization Basic Scenarios Purchase Order scenario in Brazilian Localization Subsequent Debit/Credit scenario in Brazilian Localization Future Delivery scenario in Brazilian Localization Future Delivery - DIFAL scenario in Brazilian Localization Consignment scenario in Brazilian Localization Third-Party Selling scenario in Brazilian Localization Subcontracting Process with one Nota Fiscal in Brazilian Localization Subcontracting Process with two Notas Fiscais in Brazilian Localization Subcontracting Process with Deliveries in Brazilian Localization Normal Resale Process in Brazilian Localization Industry Resale material in Brazilian Localization Returnable Packaging with one Nota Fiscal in Brazilian Localization Returnable Packaging with two Notas Fiscais in Brazilian Localization Freight Scenarios Planned Freight (Planned Delivery Costs) scenario in Brazilian Localization Unplanned Freight (Unplanned Delivery Costs) scenario in Brazilian Localization Freight with several Notas Fiscais scenario in Brazilian Localization Conhecimento de Transporte Eletrônico (CTe) scenario in Brazilian Localization Stock Transfer Scenarios Stock Transfer with Materials Management (MM) in Brazilian Localization Stock Transfer Order (STO) in Brazilian Localization Intracompany Stock Transport Order with Valuated Stock In Transit (STO SiT) for Brazilian Localization Stock Transport Order using Inbound Delivery scenario in Brazilian Localization Stock Transfer Order (STO) with Full/Partial Return of Transit Stock in Brazilian Localization Services Scenarios Service Purchase Order process with DIEN material type in Brazilian Localization Service Purchase Order Withholding - Service Management in Brazilian Localization Service Purchase Order scenario using External Services Management in Brazilian Localization Service Purchase Order Withholding Accumulation - Service Management in Brazilian Localization SAP Brazilian Tax Calculation Schema Sales (SD/OTC) Tax Procedure: RVABRA Procurement (MM/PTP) Tax Procedure: TAXBRA Hint : TAXBRJ is a deprecated tax procedure (do not use) Main Customizing Related with the Brazilian Tax Procedures CBT activation Configure Tax Codes Tax Groups Dynamic Exceptions Tax Rates Condition Types Account Keys Condition Records Access Sequences Condition Codes Tax Jurisdiction Screen Controls Conditions Mappings Tax Posting Strings Internal codes Price conditions TAXBRA/RVABRA pricing adjustments MP135 Implementation (Withholding Tax and ISS) CFOP Jurisdiction Codes Tax Laws Tax Situations Hint : All this customizing are done by Logistic Consultants (MM/SD) TAXBRA additional information Transaction "FTXP" is not used in "TAXBRA" In simple terms: TAXBRJ = FTXP (Deprecated) TAXBRA = FV11 Tax Codes must be maintain via Transaction "J1BTAX" Conditions are activated via Transaction "FV11" and "FV12" Using Transaction "J1BTAX" to maintain the tax tables J_1BTX* and tax codes creates condition records automatically Brazilian Tax-O-Meter This is a meter of all taxes charged in the Brazilian territory. Currency: BRL (Brazilian Real) Period: Beginning of the current year until today (Each year the meter is reset) Warning : You're seeing it right. Depending on the month of the year, the value of taxes collected reaches billions or even trillions, with a “T”. The tax burden in Brazil is incredibly high. SAP Third-Party Solution Partners (Graded) These are some third-party solutions available in the Brazilian market to help companies with tax compliance, workflows, business intelligence (BI), artificial intelligence (AI) and automation. Solution Tax Engine E-Reporting E-Invoicing Inbound Automation Tax Correction Tax Payments Tax Management Foreign Trade Tax Refund Tax Files Exchange Tax Workflow Workflow AI /Automation BI / Reporting SAP S4 / ECC A+ SAP GRC NF-e A+ A B- SAP TDF A SAP ACR/DRC B Synchro B B+ B A- B B- Engineering B Thomson Reuters B B- B C B C VIM C GSF Fiscal A- KPMG KTAX B B- C B Sovos B Avalara B- C NSI B- Sonda B CIC B Dootax B Tecnospeed B C Service Now A SAP BPM B+ Automation Anywhere B UiPath B SAP BI A Power BI B- Tableau B- * These grades are not official grades, they were taken from personal experiences and research. Every day companies evolve and improve their technologies, solutions and services. Solution Topics Tax Engine (Motor Fiscal) | Very Important E-Reporting (SPED) | Very Important E-Invoicing (NF-e) | Very Important Inbound Automation (NF-e Entrada) | Important Tax Correction (Carta de Correcao) | Important Tax Payments (Guia / Pagamentos) | Optional Tax Management (Gestao Fiscal) | Optional Foreign Trade (Comex) | Optional Tax Refund (PER/DCOMP) | Optional Tax Files Exchange (Automacao PVA) | Nice to Have Tax Workflow (Agenda Tributaria)| Nice to Have Workflow (Fluxo de Trabalho)| Nice to Have AI - Artificial Intelligence / Automation (Inteligencia Artificial / Automacao)| Nice to Have BI - Business Intelligence / Reporting (Relatorios)| Nice to Have Warning : Don't take this as a recommendation. Every company has different requirements depending on size, industry, processes, budget and pain points. Do your homework looking for the best solution for your company. And remember, always ask the solution provider for a demo, references from other companies as a success case, and if possible, put yourself in contact with their success case companies. NF-e | Nota Fiscal Electronic Nota Fiscal or simply NF-e is the official document in Brazil in a form of "electronic tax invoice". This kind of e-invoicing is used in logistics and services operations. This document is the basis for Brazilian legal operations and reports. SAP has the solution to create, validate and bookkeeping it as well. The Nota Fiscal is under States and Municipality rules, it can be electronic and can be on paper, which it is called DANFE (Auxiliary Document of the Electronic Invoice). The use of NF-e is mandatory and that official file is a digital magnetic file, on XML format. The NF-e deals with sales, purchases and returns. SAP solution for NF-e ensuring creation and validations in the government system. NFe Authorization Flow Outbound Receive Nota Fiscal, Convert to XML Digital Signature Create Batches Manage Status with Government Store Status Updates with Back-end Inbound Receive XML and Check Authorization Check Digital Signature Nofity Issuer Create Documents in ERP Backend (e.g. Inbound Delivery, Goods Receipt, Invoice) Inbound Nota Fiscal The inbound nota fiscal, or MM nota fiscal, is not issued by the company, but by the venders. The company must acknowledge, book and report its. Outbound Nota Fiscal The outbound nota fiscal, or SD nota fiscal, must be issued, validated, booked and reported be the company. Examples of NF: NF for Billing NF for Shipments NF for returns NF for transfer NF-e | DANFE Electronic Nota Fiscal or simply NF-e is the official the official document in Brazil in a form of "electronic tax invoice". This kind of e-invoicing is used in logistics and services operations. This document is the basis for Brazilian legal operations and reports. SAP has the solution to create, validate and bookkeeping it as well. The Nota Fiscal is under States and Municipality rules, it can be electronic and can be on paper, which it is called DANFE (Auxiliary Document of the Electronic Invoice). DANFE Example The DANFE , on paper NF-e, is mandatory for goods movement, so it should be printed and carried along with the goods. Failing to do the goods movement, out of the branches gates, with the DANFE can cause penalties for the company. Tax Engine (Thomson Reuters | Customization Steps) Corporations using SAP as their Enterprise Resource Planning (ERP) system can simplify their worldwide Indirect Tax requirements by implementing third-party solutions. Some features can include Tax Determination, Integration for SAP, Reporting, and Compliance. Thomson Reuters | OneSource (Global Next / IDT Indirect Determination Tax) The Brazil tax calculation logic is notably complex with many calculations and configuration requirements. It is a challenge to implement even by the most experienced and requires a lot of adjustments and configurations that are specific to your company requirements, customers, products, business models, and reporting needs. The benefits provided by OneSource Indirect Tax Suite are : Fast, accurate sales, use, consumer’s use tax, and VAT results. Monthly tax rate and rules updates for over 175 countries. Integrated tax calculation with SAP minimizing user decisions and tax errors. Removal of the need to change SAP tax codes e ach time a rate/rule changes, eliminating business interruptions, and running out of tax codes in SAP. Complete audit database from which you can generate both standard and custom reports as well as returns. Limitations of the Third-party Solution (OneSource) Solution doesn't include Nota Fiscal creation (Only Tax Determinantion). Nota Fiscal feature needs to be enabled by SAP TAXBRA standard solution. Withholding Taxes Outbound for Sale of Services. Withholding Taxes Inbound for Purchase of Services (Solution developed in July 2023). These are some settings to support Brazil Enablement FI Configuration Createing New Brazil Contigiton Types for FI Creating the Tax Procesure Defining Tax Codes for Sales and Purchases Jurisdiction Code Settings Adding the Required Tax Regions * This step is called "FI Configuration" because the transactions are located in the IMG financial tree like other global VAT tax configuration, but in Brazil it is done by logistics consultants, not financial consultants. SD Configuration Creating New Brazil Condition Types for SD Creating the Pricing Procedure Assigning the New Pricing Procedure to Sales Transactions Define Tax Determination Rules Define Tax Relevance of Customer Master Records MM Configuration Creating New Condition Types Creating a Calculation Schema Assingin the New Calculation Schema to Purchase Transactions Master Data Setup Assign Tax Indicator in the Material Master Sales Organization View Maintain Default Values for Tax Codes Maintain Commodity Code Assign Tax indicator in the Customer Master Maintain Condition Type to Determine Tax Code Global Next (OneSource) Configuration Maintain Determine Condition Types for Taxes Table Brazil Registration Number Requeriments and Other Fiel Mapping Class /IDT/BRAZIL_MATERIAL_USAGE Class /IDT/BRAZIL_FED_REG_NUMBER Commodity Code Map in Field Mapping Table Nota Fiscal Support Configuration J1BTAX Settings Other Configuration Seetings (SPRO) New Brazil Route /IDT/ROUTE_GROUP_DELIVERY New Brazil Auto Journey /IDT/JOURNEY_BRAZIL_SD_ADJUST Dynamic CST Determination for MM CST Determinantion for SD Tax Jurisdiction Codes for Brazil Nota Fiscal Filed Mappings for Inbound STO Process CFOP (Fiscal Code for Operations and Provisions) CFOP is the acronym of the "Codigo Fiscal de Operacoes e Prestacoes" or in English "Fiscal Code for Operations and Provisions". This code identifies a specific transaction by category when issuing the nota fiscal. The nota fiscal contains a huge amount of information. That is why cannot be compared with a simply invoice or even an e-invoicing from other countries in the South America. With that in mind, it is important to know the main information in the nota fiscal, and one of them is the CFOP. Understanding the CFOP is very useful to start to assimilate the content of the nota fiscal and avoid mistakes. The CFOP Code determines the taxation on the operation and if there is any financial or inventory movements for to the Tax Authorities. The different types of CFOP separate the nota fiscal by type (inbound or outbound nota fiscal), by region and by nature of the operation. CFOP Examples Warning : In the CFOP full list there are hundreds of CFOPs. CFOP Description Movement SAP Module 1102 Purchase of products from vendors Same State MM 2102 Purchase of products from vendors Other State MM 3102 Purchase of products from vendors Other Country MM 5102 Product Sales to customers Same State SD 6102 Product Sales to customers Other State SD 7102 Product Sales to customers Other Country SD Understanding the CFOP The CFOP code is basically a 4-digit code. Example : 1102 Purchase of products from vendors in the same state 1º Digit : Identifies the direction (Inbound or Outbound) 2º Digit : Identifies which group or operation is referred 3º and 4º Digits : Identifies the type of operation CFOP Coding 1º digit identifies the direction. Example : 1102 / 2102 / 3102 / 5102 / 6102 / 7102 1xxx |Purchase of the same state (Intrastate operation) 2xxx |Purchase of other state (Interstate operation) 3xxx |Purchase of other country (Importation) 5xxx |Sales to the same state (Intrastate operation) 6xxx |Sales to other state (Interstate operation) 7xxx |Sales to other country (Exportation) 2º digit identifies which group or operation is referred. Example : 1102 / 1202 / 1302 / 1403 / 1556 / 1653 / 1916 x1xx | Purchase / Industrialization / Transfers / Services x2xx | Return / Electricity x3xx | Communication services / Transport services x4xx | Goods with tax substitution / Integration x5xx | Export / Fixed Assets / Material for Use x9xx | Other Entries / Free Samples / Bonus / Repairs / Exhibition Warning : It is not possible to perform operations of different natures on the same nota fiscal. For example, even if it refers to the same customer, a sales nota fiscal cannot be issued together with a return item. Each operation must have a different nota fiscal. CFOP Detailed list You can see below a more complete list of the CFOPs. Unfortunately the Brazilian Government only provides it in Portuguese. Type Origin/Destination CFOP Description Detailed Explanation Compra Mesmo estado 1102 Compra para comercialização Compra de produtos, de fornecedor do seu estado, sem substituição tributária Compra Outro estado 2102 Compra para comercialização Compra de produtos, de fornecedor de outro estado, sem substituição tributária Compra Outro estado 2403 Compra para comercialização em operação com mercadoria sujeita ao regime de substituição tributária Compra de produtos, de fornecedor de outro estado, com substituição tributária Compra Outro estado 2556 Classificam-se neste código as compras de produtos destinadas ao uso ou consumo do estabelecimento. Compra de produtos de fornecedor/vendedor de outro estado, destinados ao uso / consumo da empresa, por exemplo, materiais para consumir no dia-a-dia. Compra Outro estado 2551 Compra de bem para o ativo imobilizado Compra de produtos de fornecedor/vendedor de outro estado, que são destinados às atividades da empresa. Entrada Mesmo estado 1908 Entrada de bem por conta de contrato de comodatoo Entrada de bem que você recebe em comodato. No contrato de comodato, a empresa que é dona do bem o “empresta” sem cobrar por isso, mas por outro lado, pode retirar quando decidir. Neste caso (1908), o bem “emprestado” pertence ao mesmo estado. Entrada Mesmo estado 1912 Entrada de mercadoria ou bem recebido para demonstração ou mostruário Entrada Mesmo estado 1917 Entrada de mercadoria recebida em consignação mercantil ou industrial Entrada de mercadoria recebida em consignação. No contrato de consignação mercantil ou industrial, a mercadoria é consignada com a intenção de ser vendida. Neste caso (1917), a mercadoria é do mesmo estado. Entrada Outro estado 2908 Entrada de bem por conta de contrato de comodato Entrada de bem que você recebe em comodato. No contrato de comodato, a empresa que é dona do bem o “empresta” sem cobrar por isso, mas por outro lado, pode retirar quando decidir. Neste caso (2908), o bem “emprestado” pertence a outro estado. Entrada Outro estado 2912 Entrada de mercadoria ou bem recebido para demonstração ou mostruário Entrada Outro estado 2917 Entrada de mercadoria recebida em consignação mercantil ou industrial Entrada de mercadoria recebida em consignação. No contrato de consignação mercantil ou industrial, a mercadoria é consignada com a intenção de ser vendida. Neste caso (1917), a mercadoria é de outro estado. Devolução Outro estado 2411 Devolução de venda de mercadoria adquirida ou recebida de terceiros em operação com mercadoria sujeita ao regime de substituição tributária Devolução de um produto que você vendeu para um cliente de outro estado e possui substituição tributária. Devolução Outro estado 2202 Devolução de venda de mercadoria adquirida ou recebida de terceiros Devolução de um produto que você vendeu para um cliente de outro estado e não possui substituição tributária. Devolução Outro estado 2204 Devolução de venda de mercadoria adquirida ou recebida de terceiros, destinada à Zona Franca de Manaus ou Áreas de Livre Comércio Devolução de um produto que você vendeu para um cliente de outro estado, na Zona Franca de Manaus ou Áreas de Livre Comércio, e que não possui substituição tributária. Devolução Mesmo estado 1202 Devolução de venda de mercadoria adquirida ou recebida de terceiros Devolução de um produto que você vendeu para um cliente do mesmo estado e não possui substituição tributária. Devolução Mesmo estado 1204 Devolução de venda de mercadoria adquirida ou recebida de terceiros, destinada à Zona Franca de Manaus ou Áreas de Livre Comércio Devolução de um produto que você vendeu para um cliente do mesmo estado, na Zona Franca de Manaus ou Áreas de Livre Comércio, e que não possui substituição tributária. Devolução Mesmo estado 1411 Devolução de venda de mercadoria adquirida ou recebida de terceiros em operação com mercadoria sujeita ao regime de substituição tributária Devolução de um produto que você vendeu para um cliente do mesmo estado e possui substituição tributária. Devolução Outro estado 2553 Devolução de venda de bem do ativo imobilizado Devolução de uma venda feita com bens utilizados nas atividades da sua empresa, para pessoa ou empresa de outro estado. Devolução Mesmo estado 1553 Devolução de venda de bem do ativo imobilizado Devolução de uma venda feita com bens utilizados nas atividades da sua empresa, para pessoa ou empresa do mesmo estado. Devolução Mesmo estado 1209 Devolução de mercadoria adquirida ou recebida de terceiros, remetida em transferência Devolução de um produto que foi enviado pela sua empresa para terceiros do mesmo estado, para fins diversos (venda, demonstração, etc). Devolução Mesmo estado 1918 Devolução de mercadoria remetida em consignação mercantil ou industrial Devolução de um produto que você enviou em consignação para outra empresa que está no mesmo estado que a sua. Devolução Outro estado 2209 Devolução de mercadoria adquirida ou recebida de terceiros, remetida em transferência Devolução de um produto que foi enviado pela sua empresa para terceiros de outro estado, para fins diversos (venda, demonstração, etc). Devolução Outro estado 2918 Devolução de mercadoria remetida em consignação mercantil ou industrial Devolução de um produto que você enviou em consignação para uma empresa que é de outro estado. Retorno Mesmo estado 1415 Retorno de mercadoria adquirida ou recebida de terceiros, remetida para venda fora do estabelecimento em operação com mercadoria sujeita ao regime de substituição tributária Retorno de mercadoria com substituição tributária, que você enviou para vender fora da sua empresa, mas no mesmo estado. Retorno Mesmo estado 1904 Retorno de remessa para venda fora do estabelecimento Retorno de mercadoria sem substituição tributária, que você enviou para vender fora da sua empresa, mas no mesmo estado. Retorno Outro estado 2415 Retorno de mercadoria adquirida ou recebida de terceiros, remetida para venda fora do estabelecimento em operação com mercadoria sujeita ao regime de substituição tributária Retorno de mercadoria com substituição tributária, que você enviou para vender fora da sua empresa e em outro estado. Retorno Outro estado 2904 Retorno de remessa para venda fora do estabelecimento Retorno de mercadoria sem substituição tributária, que você enviou para vender fora da sua empresa e em outro estado. Retorno Mesmo estado 1554 Retorno de bem do ativo imobilizado remetido para uso fora do estabelecimento Retorno de um bem da sua empresa que foi enviado para ser usado em outro local, dentro do seu estado. Retorno Outro estado 2554 Retorno de bem do ativo imobilizado remetido para uso fora do estabelecimento Retorno de um bem da sua empresa que foi enviado para ser usado em outro local, fora do seu estado. Retorno Mesmo estado 1555 Entrada de bem do ativo imobilizado de terceiro, remetido para uso no estabelecimento Quando sua empresa recebe um bem de outra empresa, que está no mesmo estado, para utilização nas atividades de sua empresa. Retorno Outro estado 2555 Entrada de bem do ativo imobilizado de terceiro, remetido para uso no estabelecimento Quando sua empresa recebe um bem de outra empresa, que está em outro estado, para utilização nas atividades de sua empresa. Retorno Mesmo estado 1906 Retorno de mercadoria remetida para depósito fechado ou armazém geral Quando sua própria mercadoria retorna ao seu estoque de um armazém ou depósito no mesmo estado que o seu. Retorno Mesmo estado 1907 Retorno simbólico de mercadoria remetida para depósito fechado ou armazém geral Quando ocorre algum imprevisto no envio da sua própria mercadoria para um armazém ou depósito de estocagem (no mesmo estado) e ela retorna ao seu estoque, antes de ter chegado ao destino inicial. Retorno Outro estado 2906 Retorno de mercadoria remetida para depósito fechado ou armazém geral Quando sua própria mercadoria retorna ao seu estoque de um armazém ou depósito de outro estado. Retorno Outro estado 2907 Retorno simbólico de mercadoria remetida para depósito fechado ou armazém geral Quando ocorre algum imprevisto no envio da sua própria mercadoria para um armazém ou depósito de estocagem (em outro estado) e ela retorna ao seu estoque, antes de ter chegado ao destino inicial. Retorno Mesmo estado 1909 Retorno de bem remetido por conta de contrato de comodato Retorno de bem que você enviou em comodato. No contrato de comodato, a empresa que é dona do bem o “empresta” sem cobrar por isso, mas por outro lado, pode retirar quando decidir. Neste caso (2908), o bem da sua empresa foi emprestado para uma empresa do mesmo estado. Retorno Mesmo estado 1913 Retorno de mercadoria ou bem remetido para demonstração, mostruário ou treinamento Retorno de mercadoria que você enviou para demonstração, mostruário ou treinamento em outra empresa no mesmo estado que o seu. Retorno Mesmo estado 1914 Retorno de mercadoria ou bem remetido para exposição ou feira Retorno de mercadoria que você enviou para uma exposição ou feira que ocorreu no mesmo estado que o seu. Retorno Mesmo estado 1916 Retorno de mercadoria ou bem remetido para conserto ou reparo Retorno de uma mercadoria de sua empresa, que você enviou para arrumar em um lugar no mesmo estado. Retorno Outro estado 2909 Retorno de bem remetido por conta de contrato de comodato Retorno de bem que você enviou em comodato. No contrato de comodato, a empresa que é dona do bem o “empresta” sem cobrar por isso, mas por outro lado, pode retirar quando decidir. Neste caso (2908), o bem da sua empresa foi emprestado para uma empresa de outro estado. Retorno Outro estado 2913 Retorno de mercadoria ou bem remetido para demonstração, mostruário ou treinamento Retorno de mercadoria que você enviou apenas para demonstração, mostruário ou treinamento em outra empresa em outro estado diferente do seu. Retorno Outro estado 2914 Retorno de mercadoria ou bem remetido para exposição ou feira Retorno de mercadoria que você enviou para uma exposição ou feira que ocorreu em outro estado diferente do seu. Retorno Outro estado 2916 Retorno de mercadoria ou bem remetido para conserto ou reparo Retorno de uma mercadoria de sua empresa, que você enviou para arrumar em um lugar em um estado diferente do seu. Retorno Mesmo estado 1915 Entrada de mercadoria ou bem recebido para conserto ou reparo Quando sua empresa recebe um produto para arrumar/consertar, vindo do mesmo estado que o seu. Retorno Outro estado 2915 Entrada de mercadoria ou bem recebido para conserto ou reparo Quando sua empresa recebe um produto para arrumar/consertar, vindo de um estado diferente do seu. Retorno Mesmo estado 1925 Retorno de mercadoria remetida para industrialização por conta e ordem do adquirente da mercadoria, quando esta não transitar pelo estabelecimento do adquirente Quando um produto seu, que foi enviado para uma indústria no mesmo estado que o da sua empresa, retorna para você antes mesmo de chegar no seu cliente. Retorno Outro estado 2925 Retorno de mercadoria remetida para industrialização por conta e ordem do adquirente da mercadoria, quando esta não transitar pelo estabelecimento do adquirente Quando um produto seu, que foi enviado para uma indústria em outro estado, retorna para você antes mesmo de chegar no seu cliente. Retorno Outro estado 2949 Outra entrada de mercadoria ou prestação de serviço não especificada Qualquer outra entrada de mercadoria na sua empresa, vinda de outro estado, que não se encaixe em nenhuma das outras especificações anteriores. Este CFOP é muito usado para troca em garantia. Retorno Mesmo estado 1949 Outra entrada de mercadoria ou prestação de serviço não especificada Qualquer outra entrada de mercadoria na sua empresa, vinda do mesmo estado, que não se encaixe em nenhuma das outras especificações anteriores. Transferência Mesmo estado 1152 Transferência de produtos de outro estabelecimento da mesma empresa, para serem comercializadas. Quando sua empresa recebe seus produtos vindos de outro espaço da sua própria rede, dentro do mesmo estado, para que seja vendido. Transferência Outro estado 2152 Transferência de produtos de outro estabelecimento da mesma empresa, para serem comercializadas. Quando sua empresa recebe seus produtos vindos de outro espaço da sua própria rede, dentro de outro estado, para que seja vendido. Transferência Mesmo estado 1409 Transferência para comercialização em operação com mercadoria sujeita ao regime de substituição tributária, para serem comercializadas, decorrentes de operações sujeitas ao regime de substituição tributária. Quando sua empresa recebe seus produtos com substituição tributária vindos de outro espaço da sua própria rede, dentro do mesmo estado, para que seja vendido. Transferência Outro estado 2409 Transferência para comercialização em operação com mercadoria sujeita ao regime de substituição tributária, para serem comercializadas, decorrentes de operações sujeitas ao regime de substituição tributária. Quando sua empresa recebe seus produtos com substituição tributária vindos de outro espaço da sua própria rede, dentro de outro estado, para que seja vendido. Transferência Mesmo estado 1154 Transferência para utilização na prestação de serviço de outro estabelecimento da mesma empresa, para serem utilizadas nas prestações de serviços. Quando sua empresa recebe uma mercadoria vinda da sua própria empresa, de uma sede no mesmo estado, para utilizar ao prestar um serviço. Transferência Outro estado 2154 Transferência para utilização na prestação de serviço de outro estabelecimento da mesma empresa, para serem utilizadas nas prestações de serviços. Quando sua empresa recebe uma mercadoria vinda da sua própria empresa, de uma sede em outro estado, para utilizar ao prestar um serviço. Transferência Mesmo estado 1557 Transferência de material para uso ou consumo recebidos em transferência de outro estabelecimento da mesma empresa. Quando sua empresa recebe uma mercadoria vinda da sua própria empresa, de uma sede no mesmo estado, para uso ou consumo. Transferência Outro estado 2557 Transferência de material para uso ou consumo recebidos em transferência de outro estabelecimento da mesma empresa. Quando sua empresa recebe uma mercadoria vinda da sua própria empresa, de uma sede em outro estado, para uso ou consumo. Transferência Mesmo estado 1552 Transferência de bem do ativo imobilizado recebidos em transferência de outro estabelecimento da mesma empresa. Quando sua empresa recebe uma mercadoria vinda da sua própria empresa, de uma sede no mesmo estado, mercadoria essa para ser destinada às atividades da empresa. Transferência Outro estado 2552 Transferência de bem do ativo imobilizado recebidos em transferência de outro estabelecimento da mesma empresa. Quando sua empresa recebe uma mercadoria vinda da sua própria empresa, de uma sede de outro estado, mercadoria essa para ser destinada às atividades da empresa. Venda Mesmo estado 5102 Venda de mercadoria adquirida ou recebida de terceiros Venda de um produto para um cliente do mesmo estado e que não possui substituição tributária. Venda Outro estado 6102 Venda de mercadoria adquirida ou recebida de terceiros Venda de um produto para um cliente de outro estado e que não possui substituição tributária. Venda Mesmo estado 5403 Venda de mercadoria, adquirida ou recebida de terceiros, sujeita ao regime de substituição tributária, na condição de **contribuinte-substituto** Venda de uma mercadoria que você comprou de terceiros e que tenha substituição tributária. Nesse caso, a venda é feita dentro do mesmo estado e sua empresa é quem vai pagar o imposto. Venda Mesmo estado 5405 Venda de mercadoria, adquirida ou recebida de terceiros, sujeita ao regime de substituição tributária, na condição de contribuinte-substituído Venda de uma mercadoria que você comprou de terceiros e que tenha substituição tributária. Nesse caso, a venda é feita dentro do mesmo estado e a empresa que comprou é quem vai pagar o imposto. Venda Outro estado 6403 Venda de mercadoria, adquirida ou recebida de terceiros, sujeita ao regime de substituição tributária, na condição de **contribuinte-substituto** Venda de uma mercadoria que você comprou de terceiros e que tenha substituição tributária. Nesse caso, a venda é feita para outro estado e sua empresa é quem vai pagar o imposto. Venda Outro estado 6404 Venda de mercadoria sujeita ao regime de substituição tributária, cujo imposto já tenha sido retido anteriormente Venda para cliente de outro estado, de uma mercadoria que já teve o imposto retido anteriormente. Venda Mesmo estado 5110 Venda de mercadoria, adquirida ou recebida de terceiros, destinada à Zona Franca de Manaus ou Áreas de Livre Comercio, de que trata o Anexo do Convênio SINIEF s/n, de 15 de dezembro de 1970, que dispõe sobre o Sistema Nacional Integrado de Informações Econômico-Fiscais Venda de produto para um cliente do mesmo estado, na Zona Franca de Manaus ou Áreas de Livre Comércio, e que não possui substituição tributária. Venda Outro estado 6108 Venda de mercadoria adquirida ou recebida de terceiros, destinada a não contribuinte Venda de mercadoria, que foi comprada de terceiros, para comprador de outro estado que não contribui com ICMS. Isento de ICMS, isso não significa que não possui Inscrição Estadual, ok? Venda Mesmo estado 5551 Venda de bem do ativo imobilizado Venda de BEM da empresa para comprador do mesmo estado. Venda Outro estado 6551 Venda de bem do ativo imobilizado Venda de BEM da empresa para comprador de outro estado. Venda Mesmo estado 5114 Venda de mercadoria adquirida ou recebida de terceiros **REMETIDA** anteriormente em consignação mercantil Quando você vende um produto que anteriormente enviou como em consignação, você utiliza esse CFOP após fazer uma emissão com o 1917. Venda Mesmo estado 5115 Venda de mercadoria adquirida ou recebida de terceiros, **RECEBIDA** anteriormente em consignação mercantil Quando sua empresa compra um produto que foi recebido em consignação e faz a venda deste dentro do mesmo estado. Venda Mesmo estado 5117 Venda de mercadoria adquirida ou recebida de terceiros, originada de encomenda para entrega futura Quando você emite uma nota de venda para um cliente do mesmo estado, que encomendou mercadoria da sua empresa, mas ainda não a recebeu. Utilizado na entrega da mercadoria emitida pela NF com CFOP 5922. Venda Mesmo estado 5119 Venda de mercadoria adquirida ou recebida de terceiros entregue ao destinatário por conta e ordem do adquirente originário, em venda à ordem Quando seu cliente, do mesmo estado que sua empresa, vende um produto que comprou da sua empresa e manda entregar direto no cliente dele. Nesse caso, seu cliente paga pelo frete. Venda Mesmo estado 5120 Venda de mercadoria adquirida ou recebida de terceiros entregue ao destinatário pelo vendedor remetente, em venda à ordem Quando seu cliente, do mesmo estado que sua empresa, vende um produto que comprou da sua empresa e manda entregar direto no cliente dele. Nesse caso, sua empresa paga pelo frete. Venda Mesmo estado 5922 Lançamento efetuado a título de simples faturamento decorrente de venda para entrega futura Quando você emite uma nota de lançamento de mercadoria sem substituição tributária para um cliente do mesmo estado, que encomendou mercadoria da sua empresa mas ainda não a recebeu. Utilizado em casos de adiantamento ou recebimento financeiro. Venda Outro estado 6922 Lançamento efetuado a título de simples faturamento decorrente de venda para entrega futura. Quando você emite uma nota de lançamento de mercadoria sem substituição tributária para um cliente de outro estado, que encomendou mercadoria da sua empresa mas ainda não a recebeu. Utilizado em casos de adiantamento ou recebimento financeiro. Venda Outro estado 6104 Venda de mercadoria adquirida ou recebida de terceiros, efetuada fora do estabelecimento Quando a nota é referente a uma venda que foi realizada fora do estabelecimento, para cliente de outro estado. Venda Mesmo estado 5104 Venda de mercadoria adquirida ou recebida de terceiros, efetuada fora do estabelecimento Quando a nota é referente a uma venda que foi realizada fora do estabelecimento, para cliente do mesmo estado. Venda Outro estado 6110 Venda de mercadoria, adquirida ou recebida de terceiros, destinada à Zona Franca de Manaus ou Áreas de Livre Comércio Venda de produto para um cliente de outro estado, na Zona Franca de Manaus ou Áreas de Livre Comércio, e que não possui substituição tributária. Venda Mesmo estado 5110 Venda de mercadoria, adquirida ou recebida de terceiros, destinada à Zona Franca de Manaus ou Áreas de Livre Comércio Venda de produto para um cliente do mesmo estado, na Zona Franca de Manaus ou Áreas de Livre Comércio, e que não possui substituição tributária. Venda Outro estado 6114 Venda de mercadoria adquirida ou recebida de terceiros **REMETIDA** anteriormente em consignação mercantil Quando sua empresa consigna um produto a um cliente de outro estado e esse cliente faz a venda desse produto. Venda Outro estado 6115 Venda de mercadoria adquirida ou recebida de terceiros, **RECEBIDA** anteriormente em consignação mercantil Quando sua empresa recebe um produto em consignação e faz a venda dele para outro estado. Venda Outro estado 6117 Venda de mercadoria adquirida ou recebida de terceiros, originada de encomenda para entrega futura Quando você emite uma nota de venda para um cliente de outro estado, que encomendou mercadoria da sua empresa, mas ainda não a recebeu. Venda Outro estado 6119 Venda de mercadoria adquirida ou recebida de terceiros entregue ao destinatário por conta e ordem do adquirente originário, em venda à ordem Quando seu cliente, de outro estado, vende um produto que comprou da sua empres e manda entregar direto no cliente dele. Nesse caso, seu cliente paga pelo frete. Venda Outro estado 6120 Venda de mercadoria adquirida ou recebida de terceiros entregue ao destinatário pelo vendedor remetente, em venda à ordem Quando seu cliente, de outro estado, vende um produto que comprou da sua empresa e manda entregar direto no cliente dele. Nesse caso, sua empresa paga pelo frete. Venda Mesmo estado 5123 Venda de mercadoria adquirida ou recebida de terceiros remetida para industrialização, por conta e ordem do adquirente, sem transitar pelo estabelecimento do adquirente Quando você manda uma mercadoria para alteração, adição de outros itens para compor o que você vende, sem que a matéria-prima passe por seu estabelecimento Venda Outro estado 6123 Venda de mercadoria adquirida ou recebida de terceiros remetida para industrialização, por conta e ordem do adquirente, sem transitar pelo estabelecimento do adquirente Quando você manda uma mercadoria para alteração, adição de outros itens para compor o que você vende, sem que a matéria-prima passe por seu estabelecimento Remessa Mesmo estado 5917 Remessa de mercadoria em consignação mercantil ou industrial Saída de mercadoria em consignação. No contrato de consignação mercantil ou industrial, a mercadoria é consignada com a intenção de ser vendida. Neste caso, a mercadoria vai para o mesmo estado. Remessa Mesmo estado 5908 Remessa de bem por conta de contrato de comodato Saída de bem da sua empresa em comodato. No contrato de comodato, a empresa que é dona do bem o “empresta” sem cobrar por isso, mas por outro lado, pode retirar quando decidir. Neste caso o bem é “emprestado” para uma empresa no mesmo estado. Remessa Mesmo estado 5909 Retorno de bem recebido por conta de contrato de comodato Saída de bem que você recebeu em comodato. No contrato de comodato, a empresa que é dona do bem o “empresta” sem cobrar por isso, mas por outro lado, pode retirar quando decidir. Neste caso, o bem “emprestado” pertence a uma outra empresa do mesmo estado e você está devolvendo. Remessa Outro estado 6908 Remessa de bem por conta de contrato de comodato Saída de bem da sua empresa em comodato. No contrato de comodato, a empresa que é dona do bem o “empresta” sem cobrar por isso, mas por outro lado, pode retirar quando decidir. Neste caso o bem é “emprestado” para uma empresa em outro estado. Remessa Outro estado 6909 Retorno de bem recebido por conta de contrato de comodato Saída de bem que você recebeu em comodato. No contrato de comodato, a empresa que é dona do bem o “empresta” sem cobrar por isso, mas por outro lado, pode retirar quando decidir. Neste caso, o bem “emprestado” pertence a uma outra empresa de outro estado e você está devolvendo. Remessa Outro estado 6917 Remessa de mercadoria em consignação mercantil ou industrial Saída de mercadoria em consignação. No contrato de consignação mercantil ou industrial, a mercadoria é consignada com a intenção de ser vendida. Neste caso, a mercadoria vai para outro estado. Devolução Mesmo estado 5412 Devolução de bem do ativo imobilizado, em operação com mercadoria sujeita ao regime de substituição tributária Devolução de produtos que seriam destinados ao consumo/uso da empresa para fornecedor/vendedor do mesmo estado. Produtos com substituição tributária. Devolução Mesmo estado 5553 Devolução de compra de bem para o ativo imobilizado Devolução de produtos que seriam destinados ao consumo/uso da empresa para fornecedor/vendedor do mesmo estado. Produtos sem substituição tributária. Devolução Outro estado 6412 Devolução de bem do ativo imobilizado, em operação com mercadoria sujeita ao regime de substituição tributária Devolução de produtos que seriam destinados ao consumo/uso da empresa para fornecedor/vendedor de outro estado. Produtos com substituição tributária. Devolução Outro estado 6553 Devolução de compra de bem para o ativo imobilizado Devolução de produtos que seriam destinados ao consumo/uso da empresa para fornecedor/vendedor de outro estado. Produtos com substituição tributária. Devolução Mesmo estado 5202 Devolução de compra para comercialização Devolução de produtos que foram comprados para sua empresa vender. Quando esses produtos não têm substituição tributária e são de fornecedor do mesmo estado que o da sua empresa. Devolução Outro estado 6202 Devolução de compra para comercialização Devolução de produtos que foram comprados para sua empresa vender. Quando esses produtos não têm substituição tributária e são de fornecedor de outro estado. Devolução Mesmo estado 5411 Devolução de compra para comercialização em operação com mercadoria sujeita ao regime de substituição tributária Devolução de produtos que foram comprados para sua empresa vender. Quando esses produtos possuem substituição tributária e são de fornecedor do mesmo estado que o da sua empresa. Devolução Outro estado 6411 Devolução de compra para comercialização em operação com mercadoria sujeita ao regime de substituição tributária Devolução de produtos que foram comprados para sua empresa vender. Quando esses produtos possuem substituição tributária e são de fornecedor de outro estado. Devolução Mesmo estado 5918 Devolução de mercadoria recebida em consignação mercantil ou industrial Devolução de mercadoria que foi recebida em consignação. No contrato de consignação mercantil ou industrial, a mercadoria é consignada com a intenção de ser vendida. Neste caso, a mercadoria é do mesmo estado. Devolução Mesmo estado 5919 Devolução simbólica de mercadoria vendida ou utilizada em processo industrial, recebida anteriormente em consignação mercantil ou industrial Quando, por algum motivo pontual, você precisa fazer uma devolução apenas simbólica dentro do mesmo estado, sem realmente devolver a mercadoria que foi acordada em consignação. Devolução Mesmo estado 5921 evolução de vasilhame ou sacaria Quando sua empresa devolve uma embalagem, vasilhame ou sacaria para outra empresa do mesmo estado. Devolução Mesmo estado 5209 Devolução de produtos recebidas em transferência de outro estabelecimento da mesma empresa, para serem comercializadas. Quando, dentro do mesmo estado, sua empresa devolve produtos para outro espaço da sua própria rede, para que sejam vendidos. Devolução Outro estado 6209 Devolução de produtos recebidas em transferência de outro estabelecimento da mesma empresa, para serem comercializadas. Quando, entre diferentes estados, sua empresa devolve produtos para outro espaço da sua própria rede, para que sejam vendidos. Devolução Outro estado 6918 Devolução de mercadoria recebida em consignação mercantil ou industrial Devolução de mercadoria que foi recebida em consignação. No contrato de consignação mercantil ou industrial, a mercadoria é consignada com a intenção de ser vendida. Neste caso, a mercadoria é de outro estado. Devolução Outro estado 6919 Devolução simbólica de mercadoria vendida ou utilizada em processo industrial, recebida anteriormente em consignação mercantil ou industrial Quando, por algum motivo pontual, você precisa fazer uma devolução apenas simbólica para outro estado, sem realmente devolver a mercadoria que foi acordada em consignação. Devolução Outro estado 6921 evolução de vasilhame ou sacaria Quando sua empresa devolve uma embalagem, vasilhame ou sacaria para outra empresa de outro estado. Devolução Mesmo estado 5210 Devolução de compra para utilização na prestação de serviço Quando você devolve uma mercadoria, que comprou para usar na prestação de serviço, para uma empresa dentro do mesmo estado. Devolução Outro estado 6210 Devolução de compra para utilização na prestação de serviço Quando você devolve uma mercadoria, que comprou para usar na prestação de serviço, para uma empresa de outro estado. Devolução Mesmo estado 5413 Devolução de mercadoria destinada ao uso ou consumo, em operação com mercadoria sujeita ao regime de substituição tributária. Devolução de mercadoria que você comprou de fornecedor/vendedor do mesmo estado, destinada ao uso / consumo da empresa e que tenha substituição tributária. Devolução Outro estado 6413 Devolução de mercadoria destinada ao uso ou consumo, em operação com mercadoria sujeita ao regime de substituição tributária. Devolução de mercadoria que você comprou de fornecedor/vendedor de outro estado, destinada ao uso / consumo da empresa e que tenha substituição tributária. Devolução Outro estado 6556 Devolução de compra de material de uso ou consumo Devolução de mercadoria que você comprou de fornecedor/vendedor de outro estado, destinada ao uso / consumo da empresa e que não tenha substituição tributária. Devolução Mesmo estado 5556 Devolução de compra de material de uso ou consumo Devolução de mercadoria que você comprou de fornecedor/vendedor do mesmo estado, destinada ao uso / consumo da empresa e que não tenha substituição tributária. Remessa Mesmo estado 5904 Remessa para venda fora do estabelecimento Envio de mercadoria para fora do seu estabelecimento dentro do mesmo estado. Remessa Mesmo estado 6905 Remessa para depósito fechado ou armazém geral Envio de mercadoria para um depósito fechado ou armazém que fica em um outro estado. Remessa Mesmo estado 5905 Remessa para depósito fechado ou armazém geral Envio de mercadoria para um depósito fechado ou armazém que fica dentro do mesmo estado que sua empresa. Remessa Mesmo estado 5415 Remessa de mercadoria adquirida ou recebida de terceiros para venda fora do estabelecimento, em operação com mercadoria sujeita ao regime de substituição tributária Quando sua empresa envia, dentro do mesmo estado, uma mercadoria que foi recebida ou adquirida de terceiros e contém substituição tributária Remessa Outro estado 6904 Remessa para venda fora do estabelecimento Envio de mercadoria para fora do seu estabelecimento em outro estado. Remessa Outro estado 6415 Remessa de mercadoria adquirida ou recebida de terceiros para venda fora do estabelecimento, em operação com mercadoria sujeita ao regime de substituição tributária Quando sua empresa envia para outro estado uma mercadoria que foi recebida ou adquirida de terceiros e contém substituição tributária. Remessa Mesmo estado 5910 Remessa em bonificação, doação ou brinde Envio de mercadoria dentro do mesmo estado, com o intuito de doar, bonificar ou apenas dar um brinde, sem fins comerciais. Remessa Mesmo estado 5911 Remessa de amostra grátis Envio de amostra grátis para empresa do mesmo estado. Remessa Outro estado 6910 Remessa em bonificação, doação ou brinde Envio de mercadoria para outro estado, com o intuito de doar, bonificar ou apenas dar um brinde, sem fins comerciais. Remessa Outro estado 6911 Remessa de amostra grátis Envio de amostra grátis para empresa de outro estado. Remessa Mesmo estado 5912 Remessa de mercadoria ou bem para demonstração, mostruário ou treinamento Envio de mercadoria apenas para demonstração, mostruário ou treinamento no mesmo estado, sem fins comerciais, ou seja, não pode ser vendida. Remessa Mesmo estado 5913 Retorno de mercadoria ou bem recebido para demonstração ou mostruário Quando você devolve, para uma empresa no mesmo estado, uma mercadoria que foi recebida apenas para demonstração ou mostruário, não para ser vendida. Remessa Mesmo estado 5914 Remessa de mercadoria ou bem para exposição ou feira Quando você envia uma mercadoria para uma feira ou para ficar exposta no mesmo estado, mas que pode ser vendida caso necessário. Remessa Mesmo estado 5915 emessa de mercadoria ou bem para conserto ou reparo Quando você envia uma mercadoria ou bem de sua empresa, para arrumar em um lugar no mesmo estado. Remessa Mesmo estado 5916 Retorno de mercadoria ou bem recebido para conserto ou reparo Quando você devolve para uma empresa do mesmo estado, uma mercadoria ou bem que sua empresa recebeu para arrumar. Remessa Outro estado 6912 Remessa de mercadoria ou bem para demonstração, mostruário ou treinamento Envio de mercadoria apenas para demonstração, mostruário ou treinamento em outro estado, sem fins comerciais, ou seja, não pode ser vendida. Remessa Outro estado 6913 Retorno de mercadoria ou bem recebido para demonstração ou mostruário Quando você devolve, para uma empresa de outro estado, uma mercadoria que foi recebida apenas para demonstração ou mostruário, não para ser vendida. Remessa Outro estado 6914 Remessa de mercadoria ou bem para exposição ou feira Quando você envia uma mercadoria para uma feira ou para ficar exposta em outro estado, mas que pode ser vendida caso necessário. Remessa Outro estado 6915 Remessa de mercadoria ou bem para conserto ou reparo Quando você envia uma mercadoria ou bem de sua empresa, para arrumar em um lugar em outro estado. Remessa Outro estado 6916 Retorno de mercadoria ou bem recebido para conserto ou reparo Quando você devolve para uma empresa de outro estado, uma mercadoria ou bem que sua empresa recebeu para arrumar. Remessa Mesmo estado 5554 Remessa de bem do ativo imobilizado para uso fora do estabelecimento Quando você envia um bem da sua empresa para que seja utilizado fora do seu estabelecimento, no mesmo estado. Remessa Outro estado 6554 Remessa de bem do ativo imobilizado para uso fora do estabelecimento Quando você envia um bem da sua empresa para que seja utilizado fora do seu estabelecimento, em outro estado. Remessa Mesmo estado 5555 Devolução de bem do ativo imobilizado de terceiro, recebido para uso no estabelecimento Quando você devolve um bem de outra empresa, do mesmo estado que o seu, que foi “emprestado” para que fosse utilizado na sua empresa. Remessa Outro estado 6555 Devolução de bem do ativo imobilizado de terceiro, recebido para uso no estabelecimento Quando você devolve um bem de outra empresa, de outro estado, que foi “emprestado” para que fosse utilizado na sua empresa. Remessa Mesmo estado 5927 Lançamento efetuado a título de baixa de estoque decorrente de perda, roubo ou deterioração Quando você precisa emitir uma nota de baixa de estoque apenas, para um produto que foi roubado, perdido ou estragado. Remessa Mesmo estado 5928 Lançamento efetuado a título de baixa de estoque decorrente do encerramento da atividade da empresa Quando você precisa emitir uma nota de baixa de estoque porque sua empresa não terá mais atividade. Remessa Mesmo estado 5929 Lançamento efetuado em decorrência de emissão de documento fiscal relativo a operação ou prestação também registrada em equipamento Emissor de Cupom Fiscal – ECF Quando você compra mercadoria em estabelecimento que emite Cupom Fiscal, e você precisará de uma nota fiscal para entrada em Estoque/Uso Consumo Remessa Mesmo estado 5949 Outra saída de mercadoria ou prestação de serviço não especificado Qualquer outra saída de mercadoria da sua empresa, para o mesmo estado, que não se encaixe em nenhuma das outras especificações anteriores. Remessa Outro estado 6929 Lançamento efetuado em decorrência de emissão de documento fiscal relativo a operação ou prestação também registrada em equipamento Emissor de Cupom Fiscal – ECF Quando você compra mercadoria em estabelecimento que emite Cupom Fiscal, e você precisará de uma nota fiscal para entrada em Estoque/Uso Consumo Remessa Outro estado 6949 Outra saída de mercadoria ou prestação de serviço não especificado Qualquer outra saída de mercadoria da sua empresa, para outro estado, que não se encaixe em nenhuma das outras especificações anteriores. Remessa Mesmo estado 5206 Anulação de valor relativo a aquisição de serviço de transporte Quando você paga para uma transportadora para enviar ou receber uma mercadoria, e por algum motivo cancelará o processo, deverá emitir uma NF com essa CFOP para anular o valor de Frete, assim o transportador pode recuperar o valor sobre. Remessa Outro estado 6206 Anulação de valor relativo a aquisição de serviço de transporte Quando você paga para uma transportadora para enviar ou receber uma mercadoria, e por algum motivo cancelará o processo, deverá emitir uma NF com essa CFOP para anular o valor de Frete, assim o transportador pode recuperar o valor sobre. Remessa Mesmo estado 5603 Ressarcimento de ICMS retido por substituição tributária Quando você emite uma nota com valores que não deveriam ser debitados quanto a substituição tributária, e precisa recuperá-los de forma legal Remessa Mesmo estado 5606 Utilização de saldo credor do ICMS para extinção por compensação de débitos fiscais Esse é utilizado de acordo com estado e sua base legal. Remessa Outro estado 6603 Ressarcimento de ICMS retido por substituição tributária Quando você emite uma nota com valores que não deveriam ser debitados quanto a substituição tributária, e precisa recuperá-los de forma legal. Transferência Mesmo estado 5409 Transferência de mercadoria adquirida ou recebida de terceiros em operação com mercadoria sujeita ao regime de substituição tributária Saída de um produto que você comprou ou recebeu de um fornecedor / vendedor do mesmo estado e possui substituição tributária. Transferência Outro estado 6409 Transferência de mercadoria adquirida ou recebida de terceiros em operação com mercadoria sujeita ao regime de substituição tributária Saída de um produto que você comprou ou recebeu de um fornecedor / vendedor de outro estado e possui substituição tributária. Transferência Mesmo estado 5557 Transferência de material de uso ou consumo Transferência dentro do mesmo estado de materiais destinados ao uso ou consumo da empresa, por exemplo, para consumir no dia-a-dia. Transferência Outro estado 6557 Transferência de material de uso ou consumo Transferência para outro estado de materiais destinados ao uso ou consumo da empresa, por exemplo, para consumir no dia-a-dia. Transferência Mesmo estado 5552 Transferência de bem do ativo imobilizado Transferência dentro do mesmo estado de materiais que são destinados às atividades da empresa. Transferência Outro estado 6552 Transferência de bem do ativo imobilizado Transferência para outro estado de materiais que são destinados às atividades da empresa. CFOP Links Each Treasury Department maintains an updated table on its website. Here you can see links for some of the main states: CFOP Table | Sefaz AM | State Amazonas | https://online.sefaz.am.gov.br CFOP Table | Sefaz BA | State Bahia | https://www.sefaz.ba.gov.br/contribuinte/cfop.htm CFOP Table | Sefaz MA | State Maranhao | https://sistemas1.sefaz.ma.gov.br/portalsefaz/pdf?codigo=1577 CFOP Table | Sefaz SC | State Santa Catarina | https://legislacao.sef.sc.gov.br/cabecalhos/frame_ricms_01_10.htm CFOP Table | Sefaz SP | State Sao Paulo | https://legislacao.fazenda.sp.gov.br/Paginas/l6an5.aspx CNAE (National Classification of Economic Activities) The National Classification of Economic Activities or simply CNAE is used to determine which activities are carried out by a company. It is mandatory for all legal entities, the CNAE is essential for obtaining the Company ID. In addition to contributing to improving the country's tax management, this classification ensures that your company pays only the relevant taxes to the business. What happens if a divergent CNAE is chosen? If the CNAE is chosen incorrectly, there is a risk of paying undue taxes (even for more) and there is also a great chance that the company will be considered irregular by the regulators, including the payment of fines. How not to make a mistake in defining the company's CNAE? It is very important to have the guidance of registered accountant. In addition, the accountant will help you to: Choose the legal nature Define the size of the company Choose the tax regime and check the tax rates Carry out accounting and tax bookkeeping Guarantee the delivery of ancillary obligations Issue debt clearance certificates Provide labor advice Provide advice on tax planning Provide advice on financial management Example of CNAEs 69.11-7/01: Legal Services 71.12-0/00: Engineering Services 73.19-0/04: Advertising Consulting 62.04-0/00: IT Consulting 62.01-5/02: Web design 74.20-0/04: Filming and Events Hint : In the full list, there are more than a thousand CNAEs available. CNAE Full List You can check the full list below or you can visit the official IBGE webpage and check the updated list at the link below. IBGE Search System | https://concla.ibge.gov.br/busca-online-cnae.html What is : IBGE CNAE Description Appendix Factor R Rate 32.50-7/06 Serviços de prótese dentária V Sim 15.5% 32.50-7/06 Serviços de prótese dentária III Sim 6% 32.50-7/09 Serviço de laboratório óptico V Sim 15.5% 32.50-7/09 Serviço de laboratório óptico III Sim 6% 43.99-1/01 Administração de obras III Não 6% 45.12-9/01 Representantes comerciais e agentes do comércio de veículos automotores V Sim 15.5% 45.30-7/02 Comércio por atacado de pneumáticos e câmaras-de-ar I Não 4% 45.30-7/03 Comércio a varejo de peças e acessórios novos para veículos automotores I Não 4% 45.30-7/04 Comércio a varejo de peças e acessórios usados para veículos automotores I Não 4% 45.30-7/05 Comércio a varejo de pneumáticos e câmaras-de-ar I Não 4% 45.30-7/06 Representantes comerciais e agentes do comércio de peças e acessórios novos e usados para veículos automotores V Sim 15.5% 45.41-2/02 Comércio por atacado de peças e acessórios para motocicletas e motonetas I Não 4% 45.41-2/06 Comércio a varejo de peças e acessórios novos para motocicletas e motonetas I Não 4% 45.41-2/07 Comércio a varejo de peças e acessórios usados para motocicletas e motonetas I Não 4% 45.42-1/01 Representantes comerciais e agentes do comércio de motocicletas e motonetas, peças e acessórios V Sim 15.5% 46.11-7/00 Representantes comerciais e agentes do comércio de matérias-primas agrícolas e animais vivos V Sim 15.5% 46.12-5/00 Representantes comerciais e agentes do comércio de combustíveis, minerais, produtos siderúrgicos e químicos V Sim 15.5% 46.13-3/00 Representantes comerciais e agentes do comércio de madeira, material de construção e ferragens V Sim 15.5% 46.14-1/00 Representantes comerciais e agentes do comércio de máquinas, equipamentos, embarcações e aeronaves V Sim 15.5% 46.15-0/00 Representantes comerciais e agentes do comércio de eletrodomésticos, móveis e artigos de uso doméstico V Sim 15.5% 46.16-8/00 Representantes comerciais e agentes do comércio de têxteis, vestuário, calçados e artigos de viagem V Sim 15.5% 46.17-6/00 Representantes comerciais e agentes do comércio de produtos alimentícios, bebidas e fumo V Sim 15.5% 46.18-4/01 Representantes comerciais e agentes do comércio de medicamentos, cosméticos e produtos de perfumaria V Sim 15.5% 46.18-4/02 Representantes comerciais e agentes do comércio de instrumentos e materiais odonto-médico-hospitalares V Sim 15.5% 46.18-4/03 Representantes comerciais e agentes do comércio de jornais, revistas e outras publicações V Sim 15.5% 46.18-4/99 Outros representantes comerciais e agentes do comércio especializado em produtos não especificados anteriormente V Sim 15.5% 46.19-2/00 Representantes comerciais e agentes do comércio de mercadorias em geral não especializado V Sim 15.5% 46.35-4/01 Comércio atacadista de água mineral I Não 4% 46.35-4/02 Comércio atacadista de cerveja, chope e refrigerante I Não 4% 46.37-1/04 Comércio atacadista de pães, bolos, biscoitos e similares I Não 4% 46.37-1/05 Comércio atacadista de massas alimentícias I Não 4% 46.37-1/06 Comércio atacadista de sorvetes I Não 4% 46.37-1/07 Comércio atacadista de chocolates, confeitos, balas, bombons e semelhantes I Não 4% 46.37-1/99 Comércio atacadista especializado em outros produtos alimentícios não especificados anteriormente I Não 4% 46.39-7/01 Comércio atacadista de produtos alimentícios em geral I Não 4% 46.41-9/01 Comércio atacadista de tecidos I Não 4% 46.41-9/02 Comércio atacadista de artigos de cama, mesa e banho I Não 4% 46.41-9/03 Comércio atacadista de artigos de armarinho I Não 4% 46.42-7/01 Comércio atacadista de artigos do vestuário e acessórios, exceto profissionais e de segurança I Não 4% 46.42-7/02 Comércio atacadista de roupas e acessórios para uso profissional e de segurança do trabalho I Não 4% 46.43-5/01 Comércio atacadista de calçados I Não 4% 46.43-5/02 Comércio atacadista de bolsas, malas e artigos de viagem I Não 4% 46.46-0/01 Comércio atacadista de cosméticos e produtos de perfumaria I Não 4% 46.46-0/02 Comércio atacadista de produtos de higiene pessoal I Não 4% 46.47-8/01 Comércio atacadista de artigos de escritório e de papelaria I Não 4% 46.47-8/02 Comércio atacadista de livros, jornais e outras publicações I Não 4% 46.49-4/01 Comércio atacadista de equipamentos elétricos de uso pessoal e doméstico I Não 4% 46.49-4/02 Comércio atacadista de aparelhos eletrônicos de uso pessoal e doméstico I Não 4% 46.49-4/03 Comércio atacadista de bicicletas, triciclos e outros veículos recreativos I Não 4% 46.49-4/04 Comércio atacadista de móveis e artigos de colchoaria I Não 4% 46.49-4/05 Comércio atacadista de artigos de tapeçaria persianas e cortinas I Não 4% 46.49-4/06 Comércio atacadista de lustres, luminárias e abajures I Não 4% 46.49-4/07 Comércio atacadista de filmes, cds, dvds, fitas e discos I Não 4% 46.49-4/08 Comércio atacadista de produtos de higiene, limpeza e conservação domiciliar I Não 4% 46.49-4/09 Comércio atacadista de produtos de higiene, limpeza e conservação domiciliar, com atividade de fracionamento e acondicionamento associada I Não 4% 46.49-4/10 Comércio atacadista de jóias, relógios e bijuterias, inclusive pedras preciosas e semipreciosas lapidadas I Não 4% 46.49-4/99 Comércio atacadista de outros equipamentos e artigos de uso pessoal e doméstico não especificados anteriormente I Não 4% 46.51-6/01 Comércio atacadista de equipamentos de informática I Não 4% 46.51-6/02 Comércio atacadista de suprimentos para informática I Não 4% 46.52-4/00 Comércio atacadista de componentes eletrônicos e equipamentos de telefonia e comunicação I Não 4% 46.79-6/03 Comércio atacadista de vidros, espelhos e vitrais I Não 4% 46.86-9/02 Comércio atacadista de embalagens I Não 4% 46.91-5/00 Comércio atacadista de mercadorias em geral, com predominância de produtos alimentícios I Não 4% 46.93-1/00 Comércio atacadista de mercadorias em geral, sem predominância de alimentos ou de insumos agropecuários I Não 4% 47.11-3/01 Comércio varejista de mercadorias em geral, com predominância de produtos alimentícios – hipermercados I Não 4% 47.11-3/02 Comércio varejista de mercadorias em geral, com predominância de produtos alimentícios – supermercados I Não 4% 47.12-1/00 Comércio varejista de mercadorias em geral, com predominância de produtos alimentícios – minimercados, mercearias e armazéns I Não 4% 47.13-0/02 Lojas de variedades, exceto lojas de departamentos ou magazines I Não 4% 47.13-0/04 Lojas de departamentos ou magazines, exceto lojas francas (duty free) I Não 4% 47.21-1/02 Padaria e confeitaria com predominância de revenda I Não 4% 47.21-1/03 Comércio varejista de laticínios e frios I Não 4% 47.21-1/04 Comércio varejista de doces, balas, bombons e semelhantes I Não 4% 47.23-7/00 Comércio varejista de bebidas I Não 4% 47.24-5/00 Comércio varejista de hortifrutigranjeiros I Não 4% 47.29-6/01 Tabacaria I Não 4% 47.29-6/99 Comércio varejista de produtos alimentícios em geral ou especializado em produtos alimentícios não especificados anteriormente I Não 4% 47.43-1/00 Comércio varejista de vidros I Não 4% 47.44-0/02 Comércio varejista de madeira e artefatos I Não 4% 47.51-2/01 Comércio varejista especializado de equipamentos e suprimentos de informática I Não 4% 47.51-2/02 Recarga de cartuchos para equipamentos de informática III Não 6% 47.52-1/00 Comércio varejista especializado de equipamentos de telefonia e comunicação I Não 4% 47.53-9/00 Comércio varejista especializado de eletrodomésticos e equipamentos de áudio e vídeo I Não 4% 47.54-7/01 Comércio varejista de móveis I Não 4% 47.54-7/02 Comércio varejista de artigos de colchoaria I Não 4% 47.54-7/03 Comércio varejista de artigos de iluminação I Não 4% 47.55-5/01 Comércio varejista de tecidos I Não 4% 47.55-5/02 Comércio varejista de artigos de armarinho I Não 4% 47.55-5/03 Comércio varejista de artigos de cama, mesa e banho I Não 4% 47.56-3/00 Comércio varejista especializado de instrumentos musicais e acessórios I Não 4% 47.57-1/00 Comércio varejista especializado de peças e acessórios para aparelhos eletroeletrônicos para uso doméstico, exceto informática e comunicação I Não 4% 47.59-8/01 Comércio varejista de artigos de tapeçaria, cortinas e persianas I Não 4% 47.59-8/99 Comércio varejista de outros artigos de uso doméstico não especificados anteriormente I Não 4% 47.61-0/01 Comércio varejista de livros I Não 4% 47.61-0/02 Comércio varejista de jornais e revistas I Não 4% 47.61-0/03 Comércio varejista de artigos de papelaria I Não 4% 47.62-8/00 Comércio varejista de discos, cds, dvds e fitas I Não 4% 47.63-6/01 Comércio varejista de brinquedos e artigos recreativos I Não 4% 47.63-6/02 Comércio varejista de artigos esportivos I Não 4% 47.63-6/03 Comércio varejista de bicicletas e triciclos peças e acessórios I Não 4% 47.63-6/04 Comércio varejista de artigos de caça, pesca e camping I Não 4% 47.72-5/00 Comércio varejista de cosméticos, produtos de perfumaria e de higiene pessoal I Não 4% 47.74-1/00 Comércio varejista de artigos de óptica I Não 4% 47.81-4/00 Comércio varejista de artigos do vestuário e acessórios I Não 4% 47.82-2/01 Comércio varejista de calçados I Não 4% 47.82-2/02 Comércio varejista de artigos de viagem I Não 4% 47.83-1/02 Comércio varejista de artigos de relojoaria I Não 4% 47.85-7/01 Comércio varejista de antigüidades I Não 4% 47.85-7/99 Comércio varejista de outros artigos usados I Não 4% 47.89-0/01 Comércio varejista de suvenires, bijuterias e artesanatos I Não 4% 47.89-0/02 Comércio varejista de plantas e flores naturais I Não 4% 47.89-0/03 Comércio varejista de objetos de arte I Não 4% 47.89-0/07 Comércio varejista de equipamentos para escritório I Não 4% 47.89-0/08 Comércio varejista de artigos fotográficos e para filmagem I Não 4% 47.89-0/99 Comércio varejista de outros produtos não especificados anteriormente I Não 4% 56.11-2/01 Restaurantes e similares I Não 4% 56.11-2/03 Lanchonetes, casas de chá, de sucos e similares I Não 4% 56.11-2/04 Bares e outros estabelecimentos especializados em servir bebidas, sem entretenimento I Não 4% 56.20-1/01 Fornecimento de alimentos preparados preponderantemente para empresas I Não 4% 56.20-1/03 Cantinas – serviços de alimentação privativos I Não 4% 56.20-1/04 Fornecimento de alimentos preparados preponderantemente para consumo domiciliar I Não 4% 59.11-1/01 Estúdios cinematográficos III Não 6% 59.11-1/02 Produção de filmes para publicidade III Não 6% 59.11-1/99 Atividades de produção cinematográfica, de vídeos e de programas de televisão não especificadas anteriormente III Não 6% 59.12-0/01 Serviços de dublagem III Não 6% 59.12-0/02 Serviços de mixagem sonora em produção audiovisual III Não 6% 59.12-0/99 Atividades de pós-produção cinematográfica, de vídeos e de programas de televisão não especificadas anteriormente III Não 6% 59.13-8/00 Distribuição cinematográfica, de vídeo e de programas de televisão III Não 6% 59.14-6/00 Atividades de exibição cinematográfica III Não 6% 59.20-1/00 Atividades de gravação de som e de edição de música III Não 6% 62.01-5/01 Desenvolvimento de programas de computador sob encomenda V Sim 15.5% 62.01-5/01 Desenvolvimento de programas de computador sob encomenda III Sim 6% 62.01-5/02 Web design V Sim 15.5% 62.01-5/02 Web design III Sim 6% 62.02-3/00 Desenvolvimento e licenciamento de programas de computador customizáveis V Sim 15.5% 62.02-3/00 Desenvolvimento e licenciamento de programas de computador customizáveis III Sim 6% 62.03-1/00 Desenvolvimento e licenciamento de programas de computador não-customizáveis V Sim 15.5% 62.03-1/00 Desenvolvimento e licenciamento de programas de computador não-customizáveis III Sim 6% 62.04-0/00 Consultoria em tecnologia da informação V Sim 15.5% 62.09-1/00 Suporte técnico, manutenção e outros serviços em tecnologia da informação V Sim 15.5% 62.09-1/00 Suporte técnico, manutenção e outros serviços em tecnologia da informação III Sim 6% 63.11-9/00 Tratamento de dados, provedores de serviços de aplicação e serviços de hospedagem na internet V Sim 15.5% 63.11-9/00 Tratamento de dados, provedores de serviços de aplicação e serviços de hospedagem na internet III Sim 6% 63.19-4/00 Portais, provedores de conteúdo e outros serviços de informação na internet V Sim 15.5% 63.19-4/00 Portais, provedores de conteúdo e outros serviços de informação na internet III Sim 6% 63.91-7/00 Agências de notícias III Não 6% 63.99-2/00 Outras atividades de prestação de serviços de informação não especificadas anteriormente III Não 6% 66.19-3/02 Correspondentes de instituições financeiras III Não 6% 66.21-5/01 Peritos e avaliadores de seguros V Sim 15.5% 66.21-5/02 Auditoria e consultoria atuarial V Sim 15.5% 66.22-3/00 Corretores e agentes de seguros, de planos de previdência complementar e de saúde III Não 6% 66.29-1/00 Atividades auxiliares dos seguros, da previdência complementar e dos planos de saúde não especificadas anteriormente III Não 6% 68.21-8/01 Corretagem na compra e venda e avaliação de imóveis III Não 6% 68.21-8/02 Corretagem no aluguel de imóveis III Não 6% 69.11-7/01 Serviços advocatícios IV Não 4.5% 69.11-7/03 Agente de propriedade industrial V Sim 15.5% 70.20-4/00 Atividades de consultoria em gestão empresarial, exceto consultoria técnica específica V Sim 15.5% 71.11-1/00 Serviços de arquitetura III Sim 6% 71.12-0/00 Serviços de engenharia V Sim 15.5% 71.19-7/01 Serviços de cartografia, topografia e geodésia V Sim 15.5% 71.19-7/02 Atividades de estudos geológicos V Sim 15.5% 71.19-7/03 Serviços de desenho técnico relacionados à arquitetura e engenharia V Sim 15.5% 71.19-7/04 Serviços de perícia técnica relacionados à segurança do trabalho V Sim 15.5% 71.19-7/99 Atividades técnicas relacionadas à engenharia e arquitetura não especificadas anteriormente V Sim 15.5% 71.20-1/00 Testes e análises técnicas V Sim 15.5% 72.10-0/00 Pesquisa e desenvolvimento experimental em ciências físicas e naturais V Sim 15.5% 72.20-7/00 Pesquisa e desenvolvimento experimental em ciências sociais e humanas V Sim 15.5% 73.11-4/00 Agências de publicidade V Sim 15.5% 73.12-2/00 Agenciamento de espaços para publicidade, exceto em veículos de comunicação III Não 6% 73.19-0/01 Criação de estandes para feiras e exposições V Sim 15.5% 73.19-0/02 Promoção de vendas III Não 6% 73.19-0/03 Marketing direto III Não 6% 73.19-0/04 Consultoria em publicidade V Sim 15.5% 73.19-0/99 Outras atividades de publicidade não especificadas anteriormente III Não 6% 73.20-3/00 Pesquisas de mercado e de opinião pública V Sim 15.5% 74.10-2/02 Design de interiores V Sim 15.5% 74.10-2/02 Design de interiores IV Sim 4.5% 74.10-2/03 Design de produto V Sim 15.5% 74.10-2/99 Atividades de design não especificadas anteriormente V Sim 15.5% 74.20-0/01 Atividades de produção de fotografias, exceto aérea e submarina III Não 6% 74.20-0/02 Atividades de produção de fotografias aéreas e submarinas III Não 6% 74.20-0/03 Laboratórios fotográficos III Não 6% 74.20-0/04 Filmagem de festas e eventos III Não 6% 74.20-0/05 Serviços de microfilmagem III Não 6% 74.90-1/01 Serviços de tradução, interpretação e similares V Sim 15.5% 74.90-1/02 Escafandria e mergulho III Não 6% 74.90-1/03 Serviços de agronomia e de consultoria às atividades agrícolas e pecuárias V Sim 15.5% 74.90-1/04 Atividades de intermediação e agenciamento de serviços e negócios em geral, exceto imobiliários V Sim 15.5% 74.90-1/05 Agenciamento de profissionais para atividades esportivas, culturais e artísticas V Sim 15.5% 74.90-1/99 Outras atividades profissionais, científicas e técnicas não especificadas anteriormente V Sim 15.5% 75.00-1/00 Atividades veterinárias V Sim 15.5% 77.21-7/00 Aluguel de equipamentos recreativos e esportivos III Não 6% 77.22-5/00 Aluguel de fitas de vídeo, dvds e similares III Não 6% 77.23-3/00 Aluguel de objetos do vestuário, jóias e acessórios III Não 6% 77.29-2/01 Aluguel de aparelhos de jogos eletrônicos III Não 6% 77.29-2/02 Aluguel de móveis, utensílios e aparelhos de uso doméstico e pessoal; instrumentos musicais III Não 6% 77.29-2/03 Aluguel de material médico III Não 6% 77.29-2/99 Aluguel de outros objetos pessoais e domésticos não especificados anteriormente III Não 6% 77.31-4/00 Aluguel de máquinas e equipamentos agrícolas sem operador III Não 6% 77.32-2/01 Aluguel de máquinas e equipamentos para construção sem operador, exceto andaimes III Não 6% 77.32-2/02 Aluguel de andaimes III Não 6% In Summary CNAE stands for National Classification of Economic Activities For the government, the objective of the CNAE is to improve tax management and control possible fraudulent actions related to the payment of taxes For companies, CNAE guarantees the correct payment of taxes, the possibility of payroll exemption, the right tax and union structure, also, for small companies to be included in the Simplified tax regimes, and it is mandatory even for self-employed professionals and non-profit organizations All legal entities must have their CNAE defined, this code being essential to obtain the Company ID Choosing a CNAE that differs from the activity carried out may cause the company to be considered irregular, lose tax incentives, not obtain an operating license and is even liable to pay fines The support and guidance of an accountant is very important for a company's CNAE to be defined correctly Tax Regimes The tax regime is what determines which taxes will be paid by a company and how it will be done. There are 3 tax regimes: Actual profit, Presumed profit and Simplified. Actual Profit The Real Profit is a tax regime in which the direct taxes are calculated based on the effective profit that the business had within the calculation period. That means, the greater the profitability, the greater the amount of taxes to be paid. However, the opposite is also valid, that is, if there is no profit, or the company has a loss, it is exempt from paying taxes for that period. Which companies can opt for Profit Real? Profit Real can be the tax option of any company. However, businesses with revenues above $78 million (BRL) in the calendar year or the previous year are required to be classified as Actual Profit. Presumed Profit The calculation of this tax regime is based on a fixed tax table, provided by authorities, for the direct taxes collection. Sale of goods or products: 8% Industrialization: 8% Rural Activity: 8% Transport services: 16% Provision of services: 32% And so on ... Which companies can opt for Presumed Profit? Presumed Profit can also be used by any company, as long as they do not exceed $78 million (BRL) in annual revenue or cannot be listed as mandatory for Actual Profit. Simplified Simplified is a tax regime created with the objective of assisting Small Businesses. The main purpose of this tax regime is to facilitate the collection of taxes by these entrepreneurs. As a result, all taxes under this regime are calculated according progressive table, provided by authorities, and collected a monthly single payment. Which companies can opt for Simplified? In order to qualify for Simplified, the company must comply with certain rules, which are: Small business only Annual revenue of up to $4,8 million (BRL) Activity qualified as Simplified by authorities And so on ... SPED (e-Reporting) SPED stands for Sistema Publico de Escrituracao Digital (in Portuguese) or Public System of Digital bookkeeping (in English). It is an e-Reporting to standardize and simplify the fiscal and accounting reports, with objective to replace paper-based reports. There are several SPEDs to be delivery to the Brazilian authorities, and they are mandatory. They are classified as: ECD | Digital Accounting Bookkeeping EFD | Digital Fiscal Bookkeeping ECF | Tax Accounting Bookkeeping The most important SPEDs are: SPED ECD Accounting | Annually | Reporting the entire balance sheet and P&L SPED EFD Fiscal | Monthly | Reporting amount owed of ICMS (Goods and Services Tax) and IPI (Tax on Industrialized Products) SPED EFD Contributions | Monthly | Reporting amount owed of PIS (Social Integration Program) and COFINS (Contribution to Social Security Financing) SPED ECF Tax Accounting | Annually | Reporting amount owed of IRPJ (Corporate Income Tax) and CSLL (Social Contribution on Net Profit) You can see in the table below some examples of the blocks and registers that should contain the SPED flat file. SPED Block Register Description Bookkeeping Type G Bookkeeping Type R Bookkeeping Type B ECD 0 Opening of the File, Identification, and References ECD 0 0000 Register 0000: Opening of digital file/entity identification Mandatory Mandatory Mandatory ECD 0 0001 Register 0001: Block 0 Opening Mandatory Mandatory Mandatory ECD 0 0007 Register 0007: Other Entity's Subscriptions Mandatory Mandatory Mandatory ECD 0 0020 Register 0020: Decentralized Accounting Bookkeeping Optional Optional Optional ECD 0 0150 Register 0150: Participant Register Table Optional Optional Not Applicable ECD 0 0180 Register 0180: Identification of Related Participant Mandatory (Dependent) Mandatory (Dependent) Not Applicable ECD 0 0990 Register 0990: Block 0 Closing Mandatory Mandatory Mandatory ECD I Details of Accounting Postings ECD I I001 Register I001 – Block I Opening Mandatory Mandatory Mandatory ECD I I010 Register I010 – Bookkeeping Identification Mandatory Mandatory Mandatory ECD I I012 Register I012 – Subsidiary Journal Not Applicable Mandatory Optional ECD I I015 Register I015 – Account Identification of Summary Bookkeeping that Refers to the Auxiliary Bookkeeping Not Applicable Mandatory Optional ECD I I020 Register I020 – Additional Fields Optional Optional Optional ECD I I030 Register I030 – Journal Opening Term Mandatory Mandatory Mandatory ECD I I050 Register I050 – Chart of Accounts Mandatory Mandatory Mandatory ECD I I051 Register I051 – Referential Chart of Accounts Optional Optional Optional ECD I I052 Register I052 – Identification of Agglutination Codes Optional Optional Optional ECD I I075 Register I075 – Table for Standard History Optional Optional Not Applicable ECD I I100 Register I100 – Cost Center Optional Optional Optional ECD I I150 Register I150 – Periodic Balances, Period Identification Mandatory Mandatory Mandatory ECD I I151 Register I151 – Digital signature of the files that have "Fichas de Lancamentos" used in the period Not Applicable Not Applicable Optional ECD I I155 Register I155 – Periodic Balances Details Mandatory Mandatory Mandatory ECD I I200 Register I200 – Accounting Postings Mandatory Mandatory Not Applicable ECD I I250 Register I250 – Posting Entries Mandatory Mandatory Not Applicable ECD I I300 Register I300 – Daily Trial Balances – Date Identification Not Applicable Not Applicable Mandatory ECD I I310 Register I310 – Details of Daily Trial Balances Not Applicable Not Applicable Mandatory ECD I I350 Register I350 – Balance of Profit & Loss Account – Before the Closing Period Optional Optional Optional ECD I I355 Register I355 – Details of Account's Balances before Financial Year Closing Mandatory (Dependent) Mandatory (Dependent) Mandatory (Dependent) ECD I I500 Register I500 – Parameters do Print and Display the Auxiliary Ledger with Flexible Layout Not Applicable Not Applicable Not Applicable ECD I I510 Register I510 – Definition of Fields for Auxiliary Ledger Book with Flexible Layout Not Applicable Not Applicable Not Applicable ECD I I550 Register I550 – Details of Auxiliary Ledger with Flexible Layout Not Applicable Not Applicable Not Applicable ECD I I555 Register I555 – Totals in Auxiliary Ledger Book Not Applicable Not Applicable Not Applicable ECD I I990 Register I990 – Block I Closure Mandatory Mandatory Mandatory ECD J Accounting Statements ECD J J001 Register J001: Block J Opening Mandatory Mandatory Mandatory ECD J J005 Register J005: Accounting Statement Optional Optional Optional ECD J J100 Register J100: Balance Sheet Optional Optional Optional ECD J J150 Register J150: Profit & Loss Statement Optional Optional Optional ECD J J800 Register J800: Other Information Optional Optional Optional ECD J J900 Register J900: Closure Statement Mandatory Mandatory Mandatory ECD J J930 Register J930: Identification of Bookkeeping Signatory Mandatory Mandatory Mandatory ECD J J990 Register J990: Block J Closure Mandatory Mandatory Mandatory ECD 9 Closing of the File ECD 9 9001 Register 9001: Block 9 Opening Mandatory Mandatory Mandatory ECD 9 9900 Register 9900: File Registers Mandatory Mandatory Mandatory ECD 9 9990 Register 9990: Block 9 Closing Mandatory Mandatory Mandatory ECD 9 9999 Register 9999: Digital File Closing Mandatory Mandatory Mandatory Brazilian Tax Reform (New Brazilian VAT) The tax reform will replace all consumption taxes with a VAT value-added tax, paid by the final consumer, charged non-cumulatively at all stages of the production chain. The five current consumption taxes – IPI, PIS, Cofins, ICMS and ISS – are replaced by two consumption taxes (IBS and CBS) and a Selective Tax (IS). IBS - Tax on Goods and Services / CBS - Conbribution on Goods and Services In both proposals, IBS and CBS have the following characteristics: They are charged on all operations with tangible or intangible goods and services They are charged at all stages of the production chain, giving the right to credit for the previously paid tax (non-cumulative) They are not charged on exports They are charged on imports They adopt the principle of destination (rate and collection linked to the place of consumption) Provide for a single rate for all goods and services consumed in each location Due to the particularities of certain sectors, differentiated taxation regimes are foreseen for: Financial services, real estate, fuel, public sector procurement, health care plans, and prediction contests Real estate, fuel, public sector acquisitions, tobacco products and financial intermediation There are plans for special treatments to reduce the impact of changing the model: 50% reduction of IBS and CBS rates for: urban, semi-urban or metropolitan public transport services; medicines; medical devices and healthcare services; education services; agricultural, fishing, forestry and plant extractive products in natura; agricultural inputs, food intended for human consumption and personal hygiene products national artistic and cultural activities exempt public urban, semi-urban or metropolitan transport services; reduce by 100% the rate of CBS and IBS levied on medications; reduce by 100% the CBS rate levied on higher education education services (PROUNI) and, until 12/28/2027, on services benefited by the Emergency Program for the Resumption of the Events Sector (Perse) Complementary law will define the sectors that will have differentiated treatment; Provide for the maintenance of the global tax burden on consumption Makes taxation on consumption less unfair, as they adopt the possibility of refunding the tax (cashback). In this way, the granting of tax benefits is focused on those who need it most, in contrast to the option for exemptions by type of merchandise. Preserve Simples Nacional and the favored treatment of the Manaus Free Zone Maintain constitutional bonds and divisions, such as Health and Education Contain transitional rules, shorter for society in general (taxation regime) and longer and smoother for sharing with states and municipalities (sharing system) IS - Selective Tax The Selective Tax will be charged to discourage the consumption of harmful goods and services to Health and the Environment, such as alcoholic beverages, cigarettes and pollutants.

The stock market is a component of a free-market economy. It allows companies to raise money by offering stock shares and corporate bonds and allows investors to participate in the financial achievements of the companies, make profits through capital gains, and earn income through dividends. Investments Stock Market Overview Brazil Stock Market Investments in the UK Stock Market Overview Stock Market (also known as Stock Exchange, Share Market or Equity Market) is a regulated and controlled environment, where tranders can buy and sell shares. The stock market ensures price transparency, liquidity, price discovery, and fair dealings in trading activities, guaranteeing all interested market participants have access to data for all buy and sell orders. The stock market is a component of a free-market economy. It allows companies to raise money by offering stock shares and corporate bonds and allows investors to participate in the financial achievements of the companies, make profits through capital gains, and earn income through dividends. Shares Shares are the equivalent of ownership in a public company. The terms "shares" and "stocks" are often used interchangeably, but they represent a company differently (For example: A company issued stock and you purchased 10 shares of it. If each share represents 1% of ownership, you own 10% of the company. The company issued stock, and you bought shares of it). Warning: The shares represent ownership, not debt, there is no legal obligation for the company to reimburse the shareholders if something happens to the business. Types Of Shares Common Stock Shares | This type comes with voting rights, giving shareholders more control over the business. These rights allow the shareholders of a company to vote on specific corporate actions. Preferred Stock Shares | This type of stock typically has set payment criteria, like a dividend paid out regularly, and takes priority over common stock if the business files for bankruptcy and is forced to repay its lenders. Stockbrokers Brokers are intermediaries between the stock exchanges and the investors by buying and selling stocks. Stock Exchanges NYSE (New York Stock Exchange) Region: US Market Place: New York City Time Zone: EST/EDT (-5:00) NASDAQ (National Association of Securities Dealers Automated Quotations) Region: US Market Place: New York City Time Zone: EST/EDT (-5:00) LSE (London Stock Exchange) Region: UK Market Place: London Time Zone: GMT/BST (+0:00) Euronext (European New Exchange Technology) Region: Europe Market Place: Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, Paris Time Zone: CET/CEST (+1:00) ETR (Deutsche Borse AG) Region: DE Market Place: Frankfurt Time Zone: CET/CEST (+1:00) SWX (SIX Swiss Exchange) Region: CH Market Place: Zurich Time Zone: CET/CEST (+1:00) B3 (Brasil, Bolsa, Balcao - formerly know as BM&F BOVESPA) Region: BR Market Place: Sao Paulo Time Zone: GMT (-3:00) ETF The Biggest ETFs Issuers iShares Vanguard SPDR Invesco The Biggest ETFs SPY | SPDR S&P 500 ETF Trust IVV | iShares Core S&P 500 ETF VOO | Vanguard 500 Index Fund ETF VTI | Vanguard Total Stock Market Index Fund ETF QQQ | Invesco QQQ Trust Series 1 Indexes S&P500 | Standard and Poor's 500 | It is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. FTSE100 | Financial Times Stock Exchange 100 | Also called the FTSE, or, informally, the "Footsie", is a share index of the 100 companies listed on the London Stock Exchange with the highest market capitalisation. DAX40 | DAX Performance | The DAX is a stock market index consisting of the 40 major German blue chip companies trading on the Frankfurt Stock Exchange. Brazil Stock Market Stock Type Codes Frequent codes 3 | Common Stock Shares (Example: "VALE3" Vale) 4 | Preferred Stock Shares (Example: "GGBR4" Gerdau) 5 | Preferred Stock Shares Class A (Example: " USIM5" Usinas Siderurgicas de Minas Gerais ) 6 | Preferred Stock Shares Class B (Example: "ELET6" Eletrobras ) 11 | Units and ETFs Units (Assets composed of more than one type of share | Example: "SANB11" Santader | Composed "SANB3" + "SANB4") ETFs (Exchange Traded Funds | Example: "BOVA11" Ibovespa Index) 34 | BDRs (Brazilian Deposits Receipts | Foreign shares traded on the Brazilian Stock Exchange | Example: "GOGL34" Alphabet Google) Not so frequent codes 1 | Subscription Right (Common Stock Shares) 2 | Subscription Right (Preferred Stock Shares) 7 | Preferred Stock Shares Class C 8 | Preferred Stock Shares Class D 9 | Subscription Receipt (Common Stock Shares) 10 | Subscription Receipt (Preferred Stock Shares) Hint: Class 5, 6, 7 and 8 shares have a different list of rules, which varies depending on the company, and such rules are described in the Bylaws. Investments in th e UK There are many different ways to invest in the UK for both residents and those overseas, from low-risk bonds to more aggressive equity shares. Overview of Available Investments ISA Savings Cash ISA Junior ISA (JISA) Stocks and Share ISA Lifetime ISA Innovative Finance ISA (IFISA) Savings Account Easy Access Account Regular Saver Account Notice Savings Account Fixed-Interest Savings Account Pension Workplace Pension Defined Contribution (DC) Defined Benefit (DB) Personal Pension Stakeholder Pension SIPP (self-invested personal pension) Investments Products Shares Real Estate Investment Trusts (REITs) Investment Funds / Mutual Funds Exchange-Traded Funds (ETFs) Bonds and Gilts Government Bonds Corporate Bonds Local Authority Bonds Green Bonds Contracts for Differences (CFDs) and Spreads CFDs Spread Betting Cryptocurrencies FAQ (Frequently asked questions) Safest Investment in the UK : Aside from cash savings accounts, the safest investment in the UK is usually considered to be government bonds. Because they are guaranteed by the British government, they have very low default risk and offer a fixed interest rate. Best Investment for Monthly Income in the UK : There are several options can be considered, although the best choice for you will depend on your indivi dual circumstances and risk tolerance. Earn the Most Interest in the UK : The highest interest rates are often found in fixed-interest savings ac counts, where you agree to lock your money away for a set period. The tradeoff for the lack of liquidity is higher interest rates than on similar savings products. Highest Returns in the UK : Shares in the stock market have offered high returns compared with other investment classes over long time periods. (For example: S&P 500 index, tracks the stock performance of 500 of the largest companies or FTSE 100 Index, which tracks the 100 largest companies listed on the stock markets) ISA Savings (Indivi dual Savings Accounts) It is a tax-efficient savings account. It is one of the most popular types of investments in the UK. Limit: Up to £20,000 per tax year Taxable: Not Taxable Protection: Subject to the Financial Services Compensation Scheme (FSCS), which protects up to £85,000 of your money if the financial institution fails. This protection applies per person, per institution. Types of ISA Savings Cash ISA It works like a regular savings account, but with the ISA benefits. Suitable: Short-term savings goals or as an emergency fund Risk: low-risk Withdrawal: You can withdraw any time Junior ISA (JISA) It is an ISA for children under age 18 living in the UK and you can open for your child or grandchild. The money belongs to the child, and they can access it when they turn 18. Suitable: Parents and grandparent, for the future of the children Risk: low-risk Limit: Up to £9,000 per tax year Stocks and Shares ISA It is an ISA that holds investments such as shares of stocks, bonds, mutual funds, or exchange-traded funds (ETFs). It works like a regular investment account but with ISA benefits. Suitable: Long-term savings goals or as a way to grow your wealth Risk: High-risk Lifetime ISA (LISA) You can use your LISA savings to buy your first home or saving for retirement. You can hold cash or investments, or a combination of both. LISA lets you save up to £4,000 per year with the government adding a 25% bonus on top of what you save (i.e. up to £1,000 per year). Suitable: Buying first home up to £450,000 or Retirement. Risk: Cash low-risk / Investment high-risk Application Rule: If you are age 18 to 39, you can keep contributing until you are 50. After your 50th birthday you can't contribute any more. If you have cash LISA the next 10 year you will receive interest, and in case of investments LISA, the valuation of the shares. Limit: Up to £4,000 per tax year, and it is part of the overall aggregated ISA £20,000 annual allowance. (The government bonus does not count toward the £20,000 limit, so you can still get up to £1,000 of extra money every year from the Lifetime ISA bonus) Withdrawal: You can withdraw to buy a house after 12 months or on your 60th birthday. Withdrawal Penalty: If you withdraw early, you will pay a 25% withdrawal charge, which recovers the government bonus and applies a small penalty. That means you can lose money. Innovative Finance ISA (IFISA) It is a type of ISA that allows you to invest in qualified peer-to-peer lending and crowdfunding platforms, which match up investors with borrowers or businesses. Suitable: Investors due to the potentially higher returns compared with other ISA options Risk: High-risk Savings Account Savings accounts can cater to different saving habits and needs. Each comes with its own set of benefits and constraints. Taxable: Yes Protection: Subject to the Financial Services Compensation Scheme (FSCS), which protects up to £85,000 of your money if the financial institution fails. This protection applies per person, per institution. Types of Savings account Easy Access Account It is a more flexibly savings account. You can add or withdraw funds whenever you wish, without penalties. The interest rates are usually variable and lower than those of fixed-interest accounts. Suitable: Good option if you might need to access your savings quickly Risk: low-risk Regular Saver Account It is type of savings account that encourage consistent saving habits by offering attractive interest rates to those who commit to making regular deposits. Suitable: To save bit by bit and do not need to use the money for everyday spending Risk: low-risk Limit: Usually £50 to £500 every month, but maximum deposits vary by bank. Withdrawal: It may also have restrictions on withdrawals Notice Savings Account It is a type of savings that requires you to provide a set notice period (typically 30 to 90 days) before you can withdraw your money. Suitable: This can help you resist the temptation to dip into your savings, and in return, you’re usually offered a higher interest rate than easy access accounts. Risk: low-risk Withdrawal: Usually 30 to 90 days Fixed-Interest Savings Account Fixed-interest (or fixed-rate) savings accounts are a type of savings account where your money is locked away for a specified period, usually from several months to up to five years. In return for committing your money, you’re rewarded with a fixed interest rate, typically higher than that of an easy access savings account. Suitable: For Long-term investments with higher returns Limit: Usually it will have no limit to invest. Withdrawal: Few months up to 5 years Pension A pension is a tax-efficient way of saving money for your retirement. It is form an integral part of financial planning for retirement later in life. Limit: Up to £60,000 per tax year 2023-24 (The total amount you can build up in all your pensions without facing tax charges, excluding the State Pension, is currently limited to £1,073,100) Types of pensions Workplace Pension A workplace pension, also known as an occupational, company, works, or work-based pension, is a pension scheme arranged by your employer. You, your employer, and the government all contribute to this. You contribute a certain percentage of your salary every payday, and these contributions are usually automatically deducted from your salary before tax, providing immediate tax relief. Your employer also contributes an additional sum to your pension pot, which is essentially free money toward your retirement. In addition, the government provides tax relief on your contributions. This means the money that would have gone to the government as income tax instead goes into your pension pot. For basic-rate taxpayers in the U.K., for every £40 you pay into your pension, your employer typically puts in £30, and the government will contribute an additional £10 in tax relief. There are two main types of workplace pension: Defined contribution (D.C.): A pension pot based on how much is paid in by the employee. They’re sometimes called “money purchase” pension schemes. Defined benefit (D.B.): A guaranteed pot based on your salary and how long you’ve worked for your employer. They’re sometimes called “final salary” or “career average” pension schemes. Personal Pension A personal pension is a pension that you set up for yourself. You can contribute to your personal pension regardless of your employment status. Like workplace pensions, personal pensions also offer tax relief. However, if you’re a higher-rate or additional-rate taxpayer, you’ll need to claim the additional rebate through your tax return. Suitable: It is particularly useful for the self-employed or those not enrolled in a workplace pension scheme. There are two main types of personal pension: stakeholder pensions and SIPPs: Stakeholder pensions have low and flexible minimum contributions, capped charges, and a default investment strategy, which can be helpful if you don’t want to make investment decisions. Many default investment funds feature “lifestyling.” Lifestyling is when your funds are automatically moved into lower-risk investments as you approach retirement. A SIPP (self-invested personal pension) works in a similar way but offers a wider choice of investments. You have more control over your pension pot and can invest in a range of assets, including shares, bonds, funds, and even commercial property. Investments Products Shares Shares, also known as equities or stocks, represent a portion of residual ownership in a company. Buying shares in a company means that you sort of own a small slice of that company. As a shareholder, you could potentially profit in two ways. Capital Gains: If you sell your shares for more than you paid Dividends: It is a portion of the company’s profits distributed pro rata to shareholders Shares are traded on stock exchanges, with the London Stock Exchange being one of the most prominent in the UK. Suitable: For people with a more bold profiles, who accept possible losses to have greater gains Risk: high-risk (share prices can be volatile and fluctuate due to various factors such as the company’s financial performance, economic conditions, and market sentiment) Real Estate Investment Trusts (REITs) Real Estate Investment Trusts are entities that own, and often operate, income-generating real estate. Investing in an REIT allows you to indirectly invest in property without having to directly own any real estate. This could be residential properties, commercial properties such as offices and shopping centers, or even specialist properties like hotels. REITs are required to distribute a majority of their taxable income to shareholders, making them an attractive option for investors seeking regular income, similar to dividend-paying stocks. Besides, they offer potential for capital growth if the value of the underlying properties increases. Suitable: For those who want to invest in real estate without having to buy a physical property Risk: high-risk (potential risk for property value decreases and rental income reductions) Investment Funds Investment funds (mutual funds) pool your money with other investors to invest in a wide range of assets, including shares, bonds, and property. Active funds: It is a type of investment fund where the investments are managed by professionals. These fund managers make decisions about where to invest the fund’s money, aiming to outperform the market or a specific benchmark. In return for this expertise, active funds generally charge higher fees than passive funds (e.g., index funds). Index funds: Also known as tracker funds in the UK, aim to replicate the performance of a specific market index, such as the FTSE 100. Rather than trying to beat the market, these funds simply try to match it. This passive management approach typically results in lower fees than active funds, making them a cost-effective way to diversify your portfolio. This shared approach can provide access to a diverse range of investments that you might not be able to afford individually, spreading the risk. Suitable: For investors who want to invest in a wide range of assets, spreading the risk Risk: high-risk Exchange-Traded Funds (ETFs) Exchange-traded funds (ETFs) are investment fund shares that are traded on stock exchanges, much like individual stocks. ETFs can track a wide range of indexes, from broad market indexes to specific sectors, commodities, or even geographical regions. They offer a flexible and cost-effective way to diversify across a wide range of assets, with the added benefit of liquidity and the ability to buy or sell shares in the ETF throughout the trading day at market prices. Suitable: It is a long-term investment, for those who invest in a wide range of stocks, and spread the risk Risk: high-risk Bonds and Gilts Essentially, a bond is a loan made by an investor to a borrower, typically corporate or governmental. As an investor, when you purchase a bond, you are lending money to the issuer of the bond in return for periodic interest payments and the return of the bond’s face value when it matures. Investing in bonds can provide a predictable income and is generally considered less risky than investing in stocks. Risks: Credit risk (the risk that the issuer will default on their payments) and interest rate risk (where a rise in interest rates can cause the value of the bond to fall). Taxable: Tax and regulatory implications may vary based on the investor’s country of residence There are several types of bonds available to investors Government Bonds It is also known as “gilts,” are considered among the safest investments because they are backed by the government. They pay a fixed interest rate (known as the coupon) twice a year until they mature, at which point the investor receives the face value of the bond. The term of a gilt can range from a few years to several decades. Risk: low-risk (They are backed by the Government) Corporate Bonds It is issued by companies to raise capital for various reasons, such as funding expansion or paying off other debts. They typically offer a higher interest rate than government bonds to compensate for the additional risk, as they rely on the company’s ability to meet its financial obligations. They can be an excellent way for investors to generate regular income and diversify their portfolio. Retail bonds are a form of corporate bond issued directly to the public and can be traded on the London Stock Exchange’s Order Book for Retail Bonds (ORB). Risk: Depends on the issuer Local Authority Bonds It is issued by local governments to finance public projects. These bonds are often tax exempt and offer competitive interest rates, making them an attractive option for those looking for a balance of risk and return. Green Bonds It is a newer addition to the bond market. The proceeds from green bonds are used to fund projects with environmental benefits. They are an excellent option for socially conscious investors who want their investments to support sustainability initiatives. Contracts for Differences (CFDs) and Spreads Contracts for differences (CFDs), spread betting, and other similar financial derivatives can also offer another avenue for retail investors. However, these types of products come with a high level of risk and complexity, so they may not be suitable for everyone. Risk: high-risk (for inexperienced investors may be considered very high-risk) Taxable: Tax laws can change and may depend on individual circumstances CFDs It is a type of derivative for speculating on the prices of fast-moving global financial markets, such as shares, indexes, commodities, currencies, and treasuries. When you trade a CFD, you are agreeing to exchange the difference in price of an asset from the point at which the contract is opened to when it is closed. You never actually own the underlying asset, but you can still benefit if the market moves in your favor, or you face a loss if it moves against you. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. While still legal, the Financial Conduct Authority (FCA) has imposed limits and restrictions on the marketing, distribution, and sale of CFDs to retail consumers in the U.K. due to concerns about losses. Risk: high-risk Taxable: Yes. Capital gains tax and stamp duty Spread Betting It is another type of derivatives trading. It involves speculating on the direction of price movements. A spread betting company quotes two prices, the bid and offer price (also known as the spread), and investors bet whether the price of the underlying asset will be lower than the bid or higher than the offer. The main difference between spread betting and CFD trading is their tax treatment Risk: high-risk Taxable: No. It is free from capital gains tax and stamp duty Protection: Regulated by the FCA in the UK, and providers must meet certain standards and protections, including segregating client money. Cryptocurrencies Cryptocurrencies are a relatively new addition to the investment landscape and have gained significant attention globally, including in the U.K. They represent a form of digital or virtual currency, secured by cryptography, making them nearly impossible to counterfeit, and they can be bought and sold via online cryptocurrency exchanges. (the most well-known cryptocurrency is Bitcoin). Investing in cryptocurrencies can be appealing due to their high potential returns. However, it’s essential to understand that cryptocurrencies are highly volatile and can fluctuate in value significantly. Risk: Very high-risk Additional Risks: In addition to high volatility, other risks such as scams are frequent in the crypto market Protection: There is no protection References: HM Revenue & Customs ( www.gov.uk ); Investopedia (www.investopedia.com ); Wikipedia (www.wikipedia.org )

Topics: Chart of Depreciation; Country-Specific; Classic and New Asset Account; Customizing; Asset Class; Depreciation Areas, Depreciation Key Asset Accounting Some of the system settings in the FI-AA system are subject to different laws and guidelines in different countries. SAP provides these settings, for the most part, already preconfigured. The system uses the country-specific data in each company code that agrees with the country in the definition of the FI Company Code. However, SAP cannot take responsibility for their completeness. Summary Standard settings SAP provides the appropriate default settings for most countries SAP does not guarantee the completeness of the Country-specific data (caveat example: The maximum amount for low value assets is different in each country) You need to check the standard defaults to see if it is provided for your country All country-specific system settings are dependent on the company code You must have defined your company codes in Customizing for the FI system, and assigned countries to them Check Country-Specific Settings You can check the Country-Specific Settings in the transaction code "OA08". The system assigns the settings you make in this step to the company code (one time only) as soon as you initially assign a chart of depreciation to the company code. If you want to change these settings at a later point in time, you have to use other steps in the Implementation Guide. You can change the changeover amount for depreciation calculation under "Valuation", and other settings under Seq Transaction Name Module Reference SAP Path Comments 001 ORFA Asset Accounting Customizing FI-AA Asset Accounting Customizing 002 OA08 Check Country-Specific Settings FI-AA Check Country-Specific Settings IMG -> Financial Accounting -> Asset Accounting -> Organizational Structure -> Check Country-Specific Settings 003 EC08 Org. Copy Program: Valuation Plan FI-AA Copy Reference Chart of Depreciation/Depreciation Areas IMG -> Financial Accounting -> Asset Accounting -> Organizational Structure -> Copy Reference Chart of Depreciation/Depreciation Areas 004 AO55 Chart of Depreciation: Specify Name FI-AA Copy Reference Chart of Depreciation/Depreciation Areas IMG -> Financial Accounting -> Asset Accounting -> Organizational Structure -> Copy Reference Chart of Depreciation/Depreciation Areas 005 OADB Define Depreciation Areas FI-AA Copy Reference Chart of Depreciation/Depreciation Areas IMG -> Financial Accounting -> Asset Accounting -> Organizational Structure -> Copy Reference Chart of Depreciation/Depreciation Areas 006 OAB1 Assign Chart of Depreciation to Company Code FI-AA Assign Chart of Depreciation to Company Code IMG -> Financial Accounting -> Asset Accounting -> Organizational Structure -> Assign Chart of Depreciation to Company Code 007 AO11 Specify Number Assignment Across Company Codes FI-AA Specify Number Assignment Across Company Codes IMG -> Financial Accounting -> Asset Accounting -> Organizational Structure -> Specify Number Assignment Across Company Codes 008 SM30 (V_T095A_01) Specify Account Determination FI-AA Specify Account Determination IMG -> Financial Accounting -> Asset Accounting -> Organizational Structure -> Asset Classes -> Specify Account Determination 009 SM30 (V_T082A_01) Create Screen Layout Rules FI-AA Create Screen Layout Rules IMG -> Financial Accounting -> Asset Accounting -> Organizational Structure -> Asset Classes -> Create Screen Layout Rules 010 AS08 Define Number Range Interval FI-AA Define Number Range Interval IMG -> Financial Accounting -> Asset Accounting -> Organizational Structure -> Asset Classes -> Define Number Range Interval 011 AOAO Define Asset Classes FI-AA Define Asset Classes IMG -> Financial Accounting -> Asset Accounting -> Organizational Structure -> Asset Classes -> Define Asset Classes 012 ANK1 Specify Chart Of Dep. Dependent Screen Layout/Acct Assignment FI-AA Specify Chart-of-Dep.-Dependent Screen Layout/Acct Assignment IMG -> Financial Accounting -> Asset Accounting -> Organizational Structure -> Asset Classes -> Specify Chart-of-Dep.-Dependent Screen Layout/Acct Assignment 013 SM30 (V_T093_00N) Define How Depreciation Areas Post to General Ledger FI-AA Define How Depreciation Areas Post to General Ledger IMG -> Financial Accounting -> Asset Accounting ->Integration with General Ledger Accounting -> Define How Depreciation Areas Post to General Ledger Migration from Classic to New Asset Accounting Prepare New Asset Accounting The following activities are relevant for you if you have been using classic Asset Accounting up to now and you now want to migrate to new Asset Accounting. These and the following activities support you in migrating Customizing data; once you have completed these activities, you can activate new Asset Accounting. Migrating transaction data is not possible until after that; however, the migration of transaction data is not a part of these IMG activities. The documents from Asset Accounting are migrated as part of the migration of documents from the general ledger. You must then build the depreciation values of your fixed assets as initial. Overview of Steps To be able to use new Asset Accounting, you have to follow the steps below (among others). The steps differ depending on whether you are in the Customizing system or in Test system/Production system. Steps in the Customizing system: 1. Create prerequisites for the use of new Asset Accounting 2. Install SAP S/4HANA with new Asset Accounting 3. Follow the relevant steps for migrating to new General Ledger Accounting 4. Migrate the charts of depreciation for new Asset Accounting. Current activity and following activity; see the "Activities" section below. 5. Make additional manual settings in Customizing for new Asset Accounting (Customizing activity Perform Additional Manual Activities) 6. Check the prerequisites for activating new Asset Accounting (Customizing activity Check Prerequisites for Activating Asset Accounting New) 7. Activate the Customizing switch Customizing activity Activate New Asset Accounting Steps in the Test system and Production system (Downstream system): 8. Create prerequisites for the use of new Asset Accounting 9. Lock the test system and production system to posting 10. Install SAP S/4HANA with new Asset Accounting 11. Follow the relevant steps for migrating to new General Ledger Accounting 12. Create necessary master data (See step 5 for the Customizing system) 13. Import the new Customizing settings into your production system 14. Check in the production system whether the transport successfully imported the activated Customizing switch 15. Unlock the production system for postings Warning: When you install SAP S/4HANA, the system shows the new IMG structure Asset Accounting in the SAP Reference IMG, which also contains this activity. At the same time, the system hides the IMG structure for classic Asset Accounting Immediately after you have installed SAP S/4HANA (step 2 in the Customizing system or step 10 in the test and production system), posting is no longer possible in Asset Accounting - neither using the old logic nor the new logic. You cannot post using the new logic until after the migration of your Customizing data and transaction data (documents) After you have performed the migration and activated new Asset Accounting, it is not possible to return to using classic Asset Accounting. Classic Asset Accounting does not exist in SAP S/4HANA Requirements Steps 1 and 8: Create prerequisites for the use of new Asset Accounting (Number sequence for the steps: See above.) Before you install SAP S/4HANA, you have to ensure that the prerequisites are met. You can do so using the program for preliminary checks RASFIN_MIGR_PRECHECK. You import this program to your system by means of SAP Note 1939592 before you install SAP S/4HANA. Perform this check in all of your systems - in the Customizing system as well as in the test system and production system. Prerequisites for the use of new Asset Accounting Non-Compatible Components If you migrate to SAP S/4HANA and want to use new Asset Accounting, you are not allowed to use any of the following components: o From the Financials Extension (EA-FIN): Lease Accounting Engine (LAE) The LAE controls postings for the lessor scenario; this scenario consists of the components CRM Leasing (CRM-LAM) and Leasing Accounting (FI-LA). o Real Estate (RE), that is, classic Real Estate Management o From Funds Management (PSM-FM) or Industry-Specific Component Public Sector (IS-PS): Requests with Reference to Asset Detailed Prerequisites o You have activated the Financials Extension (EA-FIN) business function, since you need the new depreciation calculation with the Depreciation Calculation Program (DCP) from EA-FIN. Either you Depreciation Calculation Program (DCP) from EA-FIN. Either you already activated EA-FIN in any case at an earlier point in time, or you activate EA-FIN manually in your systems as part of a project, before you install SAP S/4HANA. o To map parallel accounting, you use either the ledger approach in new General Ledger Accounting or the accounts approach in classic General Ledger Accounting. o The following applies for Asset Accounting: - You have configured the classic Asset Accounting (FI-AA) application component. - Or: If you have not previously used classic Asset Accounting, you need to make all of the necessary Customizing settings for new Asset Accounting. o Check whether you can completely archive documents from deactivated company codes (this means company codes that only allow subsequent reporting). If you do not archive the documents of the company code, you must do the following: - You must migrate the assigned chart of depreciation; and - You must migrate the documents with the document migration. o The parallel currencies in the leading ledger in General Ledger Accounting and in the depreciation areas of the leading valuation in Asset Accounting must be the same. For the ledger approach, you also have to take the following into account: Company codes that are assigned to the same chart of depreciation are not allowed to be different in number and type to the parallel currencies used in General Ledger Accounting. This means, the parallel valuations of the non-leading ledger and the depreciation areas of the parallel valuation in Asset Accounting have to be congruent. If you have previously been using parallel currencies in General Ledger Accounting, but you have not implemented the corresponding parallel currency areas in Asset Accounting for all depreciation areas, you must first implement these depreciation areas before you install SAP S/4HANA. Contact your consultant. o Note that company codes that are assigned to the same chart of depreciation are not allowed to be different in number and type to the parallel currencies used in General Ledger Accounting. Preparation If, up to now, you were using classic Asset Accounting with classic General Ledger Accounting or classic Asset Accounting with new General Ledger Accounting, you have to make the following preparations: o Make sure that period-end closing was performed (the following programs (among others): RAPOST2000, RAPERB2000, reconciliation of the asset subsidiary ledger with the general ledger (account balance list and asset list, RAABST01, RAABST02). If you install SAP S/4HANA at the close of the fiscal year, you should also perform year-end closing. The year-end closing must be executed across components (so, for Asset Accounting and General Ledger Accounting), whereby the year-end closing in the components must be synchronized (so affecting the same fiscal year). The migration must definitely take place at a time when only one fiscal year is open in Asset Accounting. Note: If you have already performed a balance carryforward to future years for Asset Accounting, a migration is not possible. If this is the case, contact SAP. o Lock the users to ensure that no additional postings are made. o Make sure that the periodic asset postings (with program RAPERB2000) are completed. o Also ensure that there are no update terminations from direct postings in the system. Caution: You can no longer post once you have installed SAP S/4HANA. Posting is only possible again after you have completed the migration fully and successfully. For the installation and the migration to be successful, it is mandatory that you ensure the completeness of the postings for the period-end closing before the installation. When to install SAP S/4HANA with new Asset Accounting. From the point of view of Asset Accounting, you can install SAP S/4HANA at any time; however, it is a requirement that a period-end closing must have been completed. You need to have fully completed all periodic and current posting processes that involve Asset Accounting. You must not make any postings during the changeover. Caution: You are only allowed to perform the next steps once you have made sure that your system meets the prerequisites for installing SAP S/4HANA by using the program mentioned above for preliminary checks, RASFIN_MIGR_PRECHECK. Activities Steps 2 and 10: Install SAP S/4HANA with new Asset Accounting. You start the installation of SAP S/4HANA. Starting from this point in time, it is no longer possible to post in Asset Accounting. If you were already using classic Asset Accounting, then you only have to migrate your charts of depreciation, and check and possibly add to delta Customizing. If you were not already using Asset Accounting and now want to use it in the future, you have to completely configure your system for Asset Accounting. The following does not explain the individual steps necessary for this configuration. In the case of a complete configuration, you have to perform step 7 after the configuration is complete, and activate the Customizing switch (Activate New Asset Accounting activity). Steps 3 and 11: Follow the relevant steps for migrating to new General Ledger Accounting SAP S/4HANA is based on new General Ledger Accounting (FI-GL). If you want to use SAP S/4HANA, but were still using classic General Ledger Accounting until now, the data for General Ledger Accounting is migrated during the migration. Step 4: Migrate the charts of depreciation for new Asset Accounting. This step is necessary if you have been using classic Asset Accounting. You can either migrate the charts of depreciation automatically using the migration program, or manually. I. Check/create accounting principles Check if there are accounting principles in the system for your leading and parallel valuations. If not, then create them. You check and change Customizing for accounting principles in Customizing under Financial Accounting -> Financial Accounting Global Settings -> Ledgers -> Parallel Accounting -> Define Accounting Principles. II. Check ledgers and ledger groups The following applies to the ledger approach: One ledger with a ledger group has to exist in the system for each valuation, so for the leading valuation and the parallel valuation. This is normally ledger 0L for the leading ledger with ledger group 0L. The following applies for the accounts approach: The leading ledger with the ledger group has to have been created in the system. This represents your leading valuation. For each parallel valuation, you have to create a (new) ledger group that also contains the leading ledger as a representative ledger. The leading ledger 0L with ledger group 0L is usually created by default in the system. Check if the necessary ledgers and ledger groups have been created in the system. You change Customizing for ledgers in Customizing under Financial Accounting -> Financial Accounting Global Settings -> Ledgers -> Define Ledgers for General Ledger Accounting. You change Customizing for ledger groups in Customizing under Financial Accounting -> Financial Accounting Global Settings -> Ledgers -> Define Ledger Group. For the accounts approach, you can also have the option of having the system generate the ledger group for parallel valuation. Start the migration program (see below). The migration cannot completely take place due to the missing ledger group for parallel valuation and the missing assignment of this ledger group to an accounting principle. However, the system generates a ledger group for each valuation. Its name is made up of <& number of the leading depreciation area of the parallel valuation &>. Adjust the name of the generated ledger group, if necessary. Run the migration program again later. (See the "Migrate Charts of Accounts" section below.) III. Assign accounting principles to ledger groups You change the assignment in Customizing under Financial Accounting -> Financial Accounting Global Settings -> Ledgers -> ->Parallel Accounting -> Assign Accounting Principle to Ledger Groups. Assign the accounting principle to the ledger group for each valuation that is represented by a depreciation area in your chart of depreciation. IV. Check assignment of accounting principle for ledger/company code. Check the assignment of the accounting principle for the combination of ledger and company code in Customizing under Define Settings for Ledger and Currency Types. V. Migrate Charts of Accounts You migrate your active charts of depreciation in Customizing for Asset Accounting under Migrate Charts of Depreciation. Other Activities Before you can actually use new Asset Accounting, you have to perform the following steps from the sequence of steps listed above. In your Customizing system, these are the following steps: o Step 5: Make additional manual settings in Customizing for new Asset Accounting. See Perform Additional Manual Activities. o Step 6: Check the prerequisites for activating new Asset Accounting and o Step 7: Activate new Asset Accounting References: SAP (www.sap.com ); SAP Support (support.sap.com ); SAP Help (help.sap.com ); SAP Blog (blogs.sap.com )

Before starting any negotiation with new UK business partners, it is always recommended to be safe and do some background checks on the company. You can do that thanks to Companies House. Business in United Kingdom UK Limited Company Public Information Checking UK VAT Number FSCS Financial Services Compensation Scheme ICO Information Commissioner’s Office UK Foreign Travel Advice UK Limited Company Public Information Before starting any negotiation with new UK business partners, it is always recommended to be safe and do some background checks on the company. You can do that thanks to Companies House. Companies House is an executive agency, sponsored by the DBT (Department for Business and Trade). They incorporate and dissolve limited companies, registering their information and make it available to the public. Path : https://www.gov.uk/get-information-about-a-company Get Information About a Company You can get details about a company for free, including: company information, for example registered address and date of incorporation current and resigned officers document images mortgage charge data previous company names insolvency information You just need to access the link above and click the green "Start " bottom. https://www.gov.uk/get-information-about-a-company Search the Register You can find a company using one of these information: Company Name Company Number Officer Name https://find-and-update.company-information.service.gov.uk/ Current features include File abridged or full accounts Change a registered office address View company data and document images Search for disqualified directors Order certificates and certified documents Follow companies Infomation Available Overview Filling History People (e.g., Director, Secretary) Charges More The Filing History can be Filter by Categories: Accounts Capital Charges Confirmation Statements / Annual Returns Incorporation Officers Incorporation In the filing history, filtered by incorporation, it is possible to check all incorporation information, like: Share Capital Share Capital You can see in the example the company was incorporated with a share capital of £10K pounds. Accounts In the filing history, filtered by accounts, it is possible to check all the accounts, like: Balance Sheet Profit and Loss Cash Flow Many other Information Balance Sheet This is a example of balance sheet filed, showing: Fixed Assets Tangible Assets Current Assets Debitors Due < 1 Year Debitors Due > 1 Year Cash at the Bank and In Hand Creditors Due < 1 Year Net Current Assets Total Assets Less Current Liability Provisions for Liabilities Deferred Tax Liability Net Assets Capital and Reservers Called Up Share Capital Profit and Loss Reserves Total Equity Other Useful Tools Company name availability : https://find-and-update.company-information.service.gov.uk/company-name-availability Alphabetical company search: https://find-and-update.company-information.service.gov.uk/alphabetical-search Dissolved company search: https://find-and-update.company-information.service.gov.uk/dissolved-search Bankruptcy, Insolvency and Disqualified Company Directors Search the bankruptcy and insolvency register: https://www.gov.uk/search-bankruptcy-insolvency-register Search for disqualified company directors: https://www.gov.uk/search-the-register -of-disqualified-company-directors Checking UK VAT Number You can also verify the UK VAT Number provided by your vendors and customer. Path : https://www.gov.uk/check-uk-vat-number VAT Number Just inform the VAT Number and click "Search". VAT is a 9 or 12 digit number, sometimes starting with GB. Valid UK VAT Number You will be able to see the valid number information, registered business name and the registered business address. FSCS Financial Services Compensation Sc heme The FSCS is the UK's statutory compensation scheme for customers of UK authorised financial services firms. This means that FSCS can step in to pay compensation if a firm is unable, or likely to be unable, to pay claims against it. Before you invest or deposit money in a institution, check in the FSCS Check, if the institution is a authorized firm and it is cover by FSCS. Path : https://www.fscs.org.uk/check/ Step by Step Access the FSCS Checker page Choose what you want to check, in the picture it was choose Banks Inform the name of the institution and select the right one. Informe the amount that you are planning to deposit, in this example, it was £100,000.00 And click in "Check Now" And the FSCS will show you how much you are protect. That means the limit of their coverage for that kind of institution, and how much is not. In this case £15,000.00 is at risk. And the reason why. In this case Banks in UK are protect up to £85,000.00 ICO Information Commissioner’s Office The Information Commissioner's Office (ICO) is the UK's independent regulator for data protection and information rights. ICO Data Protection fee is mandatory for most businesses, organizations, and sole traders that process personal data: Who needs to pay : You must pay the fee if you're a business, organization, or sole trader that processes personal data electronically When to pay : You must pay the fee unless you're exempt What the fee funds : The fee funds the ICO's work What the fee shows : Paying the fee shows that you take data protection seriously and value your customers' information What the fee amount is : The amount you pay depends on the size of your organization. Most companies pay £40 or £60 per year, while large organizations pay £2,900 What happens if you don't pay : If you need to pay and don't, you could be fined Purpose The ICO's mission is to uphold information rights for the public in the digital age. They do this by: Educating organizations on how to use personal data Taking action against organizations that don't comply with the law Helping individuals understand and exercise their rights Working with other regulators to improve information rights standards Services The ICO offers guidance and resources for organizations, including: Public bodies Private and third sector organizations Sole traders For the public The ICO provides information about data protection and information rights, including: How to make a SAR (Subject Access request is a right that allows individuals to request a copy of their personal data, or to understand how and why their data is being used) How to make an FOI request (The Freedom of Information Act gives the public the right to request recorded information from public authorities) Domestic CCTV and data protection Protecting yourself against nuisance marketing Register of data protection fee payers : https://ico.org.uk/ESDWebPages/Search Register of Data Protection You can search for: Registration Reference Name Address Postcode And you can see if the company is paying the fee for the ICO ICO ICO Search ICO ICO Entry List ICO ICO Search 1/2 UK Foreign T rave l Advice Get advice about travelling abroad, including the latest information on coronavirus, safety and security, entry requirements and travel warnings, direct from HMRC. There are some important contents, like : Summary Coronavirus Safety and security (Important! Check it before traveling ) Crime Pickpocketing Robbery Vehicle Crime Sexual Offences Fraud Protests Civil Unrest Others Terrorism Local laws and customs Entry requirements Health Natural disasters Money Travel advice help and support Country Link Afghanistan https://www.gov.uk/foreign-travel-advice/afghanistan Albania https://www.gov.uk/foreign-travel-advice/albania Algeria https://www.gov.uk/foreign-travel-advice/algeria Andorra https://www.gov.uk/foreign-travel-advice/andorra Angola https://www.gov.uk/foreign-travel-advice/angola Anguilla https://www.gov.uk/foreign-travel-advice/anguilla Antarctica/British Antarctic Territory https://www.gov.uk/foreign-travel-advice/antarctica-british-antarctic-territory Antigua and Barbuda https://www.gov.uk/foreign-travel-advice/antigua-and-barbuda Argentina https://www.gov.uk/foreign-travel-advice/argentina Armenia https://www.gov.uk/foreign-travel-advice/armenia Aruba https://www.gov.uk/foreign-travel-advice/aruba Australia https://www.gov.uk/foreign-travel-advice/australia Austria https://www.gov.uk/foreign-travel-advice/austria Azerbaijan https://www.gov.uk/foreign-travel-advice/azerbaijan Bahamas https://www.gov.uk/foreign-travel-advice/bahamas Bahrain https://www.gov.uk/foreign-travel-advice/bahrain Bangladesh https://www.gov.uk/foreign-travel-advice/bangladesh Barbados https://www.gov.uk/foreign-travel-advice/barbados Belarus https://www.gov.uk/foreign-travel-advice/belarus Belgium https://www.gov.uk/foreign-travel-advice/belgium Belize https://www.gov.uk/foreign-travel-advice/belize Benin https://www.gov.uk/foreign-travel-advice/benin Bermuda https://www.gov.uk/foreign-travel-advice/bermuda Bhutan https://www.gov.uk/foreign-travel-advice/bhutan Bolivia https://www.gov.uk/foreign-travel-advice/bolivia Bonaire/St Eustatius/Saba https://www.gov.uk/foreign-travel-advice/bonaire-st-eustatius-saba Bosnia and Herzegovina https://www.gov.uk/foreign-travel-advice/bosnia-and-herzegovina Botswana https://www.gov.uk/foreign-travel-advice/botswana Brazil https://www.gov.uk/foreign-travel-advice/brazil British Indian Ocean Territory https://www.gov.uk/foreign-travel-advice/british-indian-ocean-territory British Virgin Islands https://www.gov.uk/foreign-travel-advice/british-virgin-islands Brunei https://www.gov.uk/foreign-travel-advice/brunei Bulgaria https://www.gov.uk/foreign-travel-advice/bulgaria Burkina Faso https://www.gov.uk/foreign-travel-advice/burkina-faso Burundi https://www.gov.uk/foreign-travel-advice/burundi Cambodia https://www.gov.uk/foreign-travel-advice/cambodia Cameroon https://www.gov.uk/foreign-travel-advice/cameroon Canada https://www.gov.uk/foreign-travel-advice/canada Cape Verde https://www.gov.uk/foreign-travel-advice/cape-verde Cayman Islands https://www.gov.uk/foreign-travel-advice/cayman-islands Central African Republic https://www.gov.uk/foreign-travel-advice/central-african-republic Chad https://www.gov.uk/foreign-travel-advice/chad Chile https://www.gov.uk/foreign-travel-advice/chile China https://www.gov.uk/foreign-travel-advice/china Colombia https://www.gov.uk/foreign-travel-advice/colombia Comoros https://www.gov.uk/foreign-travel-advice/comoros Congo https://www.gov.uk/foreign-travel-advice/congo Cook Islands, Tokelau and Niue https://www.gov.uk/foreign-travel-advice/cook-islands-tokelau-and-niue Costa Rica https://www.gov.uk/foreign-travel-advice/costa-rica Côte d'Ivoire https://www.gov.uk/foreign-travel-advice/cote-d-ivoire Croatia https://www.gov.uk/foreign-travel-advice/croatia Cuba https://www.gov.uk/foreign-travel-advice/cuba Curaçao https://www.gov.uk/foreign-travel-advice/curaçao Cyprus https://www.gov.uk/foreign-travel-advice/cyprus Czech Republic https://www.gov.uk/foreign-travel-advice/czech-republic Democratic Republic of the Congo https://www.gov.uk/foreign-travel-advice/democratic-republic-of-the-congo Denmark https://www.gov.uk/foreign-travel-advice/denmark Djibouti https://www.gov.uk/foreign-travel-advice/djibouti Dominica https://www.gov.uk/foreign-travel-advice/dominica Dominican Republic https://www.gov.uk/foreign-travel-advice/dominican-republic Ecuador https://www.gov.uk/foreign-travel-advice/ecuador Egypt https://www.gov.uk/foreign-travel-advice/egypt El Salvador https://www.gov.uk/foreign-travel-advice/el-salvador Equatorial Guinea https://www.gov.uk/foreign-travel-advice/equatorial-guinea Eritrea https://www.gov.uk/foreign-travel-advice/eritrea Estonia https://www.gov.uk/foreign-travel-advice/estonia Eswatini https://www.gov.uk/foreign-travel-advice/eswatini Ethiopia https://www.gov.uk/foreign-travel-advice/ethiopia Falkland Islands https://www.gov.uk/foreign-travel-advice/falkland-islands Fiji https://www.gov.uk/foreign-travel-advice/fiji Finland https://www.gov.uk/foreign-travel-advice/finland France https://www.gov.uk/foreign-travel-advice/france French Guiana https://www.gov.uk/foreign-travel-advice/french-guiana French Polynesia https://www.gov.uk/foreign-travel-advice/french-polynesia Gabon https://www.gov.uk/foreign-travel-advice/gabon The Gambia https://www.gov.uk/foreign-travel-advice/the-gambia Georgia https://www.gov.uk/foreign-travel-advice/georgia Germany https://www.gov.uk/foreign-travel-advice/germany Ghana https://www.gov.uk/foreign-travel-advice/ghana Gibraltar https://www.gov.uk/foreign-travel-advice/gibraltar Greece https://www.gov.uk/foreign-travel-advice/greece Grenada https://www.gov.uk/foreign-travel-advice/grenada Guadeloupe https://www.gov.uk/foreign-travel-advice/guadeloupe Guatemala https://www.gov.uk/foreign-travel-advice/guatemala Guinea https://www.gov.uk/foreign-travel-advice/guinea Guinea-Bissau https://www.gov.uk/foreign-travel-advice/guinea-bissau Guyana https://www.gov.uk/foreign-travel-advice/guyana Haiti https://www.gov.uk/foreign-travel-advice/haiti Honduras https://www.gov.uk/foreign-travel-advice/honduras Hong Kong https://www.gov.uk/foreign-travel-advice/hong-kong Hungary https://www.gov.uk/foreign-travel-advice/hungary Iceland https://www.gov.uk/foreign-travel-advice/iceland India https://www.gov.uk/foreign-travel-advice/india Indonesia https://www.gov.uk/foreign-travel-advice/indonesia Iran https://www.gov.uk/foreign-travel-advice/iran Iraq https://www.gov.uk/foreign-travel-advice/iraq Ireland https://www.gov.uk/foreign-travel-advice/ireland Israel https://www.gov.uk/foreign-travel-advice/israel Italy https://www.gov.uk/foreign-travel-advice/italy Jamaica https://www.gov.uk/foreign-travel-advice/jamaica Japan https://www.gov.uk/foreign-travel-advice/japan Jordan https://www.gov.uk/foreign-travel-advice/jordan Kazakhstan https://www.gov.uk/foreign-travel-advice/kazakhstan Kenya https://www.gov.uk/foreign-travel-advice/kenya Kiribati https://www.gov.uk/foreign-travel-advice/kiribati Kosovo https://www.gov.uk/foreign-travel-advice/kosovo Kuwait https://www.gov.uk/foreign-travel-advice/kuwait Kyrgyzstan https://www.gov.uk/foreign-travel-advice/kyrgyzstan Laos https://www.gov.uk/foreign-travel-advice/laos Latvia https://www.gov.uk/foreign-travel-advice/latvia Lebanon https://www.gov.uk/foreign-travel-advice/lebanon Lesotho https://www.gov.uk/foreign-travel-advice/lesotho Liberia https://www.gov.uk/foreign-travel-advice/liberia Libya https://www.gov.uk/foreign-travel-advice/libya Liechtenstein https://www.gov.uk/foreign-travel-advice/liechtenstein Lithuania https://www.gov.uk/foreign-travel-advice/lithuania Luxembourg https://www.gov.uk/foreign-travel-advice/luxembourg Macao https://www.gov.uk/foreign-travel-advice/macao Madagascar https://www.gov.uk/foreign-travel-advice/madagascar Malawi https://www.gov.uk/foreign-travel-advice/malawi Malaysia https://www.gov.uk/foreign-travel-advice/malaysia Maldives https://www.gov.uk/foreign-travel-advice/maldives Mali https://www.gov.uk/foreign-travel-advice/mali Malta https://www.gov.uk/foreign-travel-advice/malta Marshall Islands https://www.gov.uk/foreign-travel-advice/marshall-islands Martinique https://www.gov.uk/foreign-travel-advice/martinique Mauritania https://www.gov.uk/foreign-travel-advice/mauritania Mauritius https://www.gov.uk/foreign-travel-advice/mauritius Mayotte https://www.gov.uk/foreign-travel-advice/mayotte Mexico https://www.gov.uk/foreign-travel-advice/mexico Micronesia https://www.gov.uk/foreign-travel-advice/micronesia Moldova https://www.gov.uk/foreign-travel-advice/moldova Monaco https://www.gov.uk/foreign-travel-advice/monaco Mongolia https://www.gov.uk/foreign-travel-advice/mongolia Montenegro https://www.gov.uk/foreign-travel-advice/montenegro Montserrat https://www.gov.uk/foreign-travel-advice/montserrat Morocco https://www.gov.uk/foreign-travel-advice/morocco Mozambique https://www.gov.uk/foreign-travel-advice/mozambique Myanmar (Burma) https://www.gov.uk/foreign-travel-advice/myanmar Namibia https://www.gov.uk/foreign-travel-advice/namibia Nauru https://www.gov.uk/foreign-travel-advice/nauru Nepal https://www.gov.uk/foreign-travel-advice/nepal Netherlands https://www.gov.uk/foreign-travel-advice/netherlands New Caledonia https://www.gov.uk/foreign-travel-advice/new-caledonia New Zealand https://www.gov.uk/foreign-travel-advice/new-zealand Nicaragua https://www.gov.uk/foreign-travel-advice/nicaragua Niger https://www.gov.uk/foreign-travel-advice/niger Nigeria https://www.gov.uk/foreign-travel-advice/nigeria North Korea https://www.gov.uk/foreign-travel-advice/north-korea North Macedonia https://www.gov.uk/foreign-travel-advice/north-macedonia Norway https://www.gov.uk/foreign-travel-advice/norway Oman https://www.gov.uk/foreign-travel-advice/oman Pakistan https://www.gov.uk/foreign-travel-advice/pakistan Palau https://www.gov.uk/foreign-travel-advice/palau The Occupied Palestinian Territories https://www.gov.uk/foreign-travel-advice/the-occupied-palestinian-territories Panama https://www.gov.uk/foreign-travel-advice/panama Papua New Guinea https://www.gov.uk/foreign-travel-advice/papua-new-guinea Paraguay https://www.gov.uk/foreign-travel-advice/paraguay Peru https://www.gov.uk/foreign-travel-advice/peru Philippines https://www.gov.uk/foreign-travel-advice/philippines Pitcairn Island https://www.gov.uk/foreign-travel-advice/pitcairn-island Poland https://www.gov.uk/foreign-travel-advice/poland Portugal https://www.gov.uk/foreign-travel-advice/portugal Qatar https://www.gov.uk/foreign-travel-advice/qatar Réunion https://www.gov.uk/foreign-travel-advice/reunion Romania https://www.gov.uk/foreign-travel-advice/romania Russia https://www.gov.uk/foreign-travel-advice/russia Rwanda https://www.gov.uk/foreign-travel-advice/rwanda Samoa https://www.gov.uk/foreign-travel-advice/samoa San Marino https://www.gov.uk/foreign-travel-advice/san-marino São Tomé and Principe https://www.gov.uk/foreign-travel-advice/sao-tome-and-principe Saudi Arabia https://www.gov.uk/foreign-travel-advice/saudi-arabia Senegal https://www.gov.uk/foreign-travel-advice/senegal Serbia https://www.gov.uk/foreign-travel-advice/serbia Seychelles https://www.gov.uk/foreign-travel-advice/seychelles Sierra Leone https://www.gov.uk/foreign-travel-advice/sierra-leone Singapore https://www.gov.uk/foreign-travel-advice/singapore Slovakia https://www.gov.uk/foreign-travel-advice/slovakia Slovenia https://www.gov.uk/foreign-travel-advice/slovenia Solomon Islands https://www.gov.uk/foreign-travel-advice/solomon-islands Somalia https://www.gov.uk/foreign-travel-advice/somalia South Africa https://www.gov.uk/foreign-travel-advice/south-africa South Georgia and the South Sandwich Islands https://www.gov.uk/foreign-travel-advice/south-georgia-and-the-south-sandwich-islands South Korea https://www.gov.uk/foreign-travel-advice/south-korea South Sudan https://www.gov.uk/foreign-travel-advice/south-sudan Spain https://www.gov.uk/foreign-travel-advice/spain Sri Lanka https://www.gov.uk/foreign-travel-advice/sri-lanka St Helena, Ascension and Tristan da Cunha https://www.gov.uk/foreign-travel-advice/st-helena-ascension-and-tristan-da-cunha St Kitts and Nevis https://www.gov.uk/foreign-travel-advice/st-kitts-and-nevis St Lucia https://www.gov.uk/foreign-travel-advice/st-lucia St Maarten https://www.gov.uk/foreign-travel-advice/st-maarten St Martin and St Barthélemy https://www.gov.uk/foreign-travel-advice/st-martin-and-st-barthelemy St Pierre & Miquelon https://www.gov.uk/foreign-travel-advice/st-pierre-and-miquelon St Vincent and the Grenadines https://www.gov.uk/foreign-travel-advice/st-vincent-and-the-grenadines Sudan https://www.gov.uk/foreign-travel-advice/sudan Suriname https://www.gov.uk/foreign-travel-advice/suriname Sweden https://www.gov.uk/foreign-travel-advice/sweden Switzerland https://www.gov.uk/foreign-travel-advice/switzerland Syria https://www.gov.uk/foreign-travel-advice/syria Taiwan https://www.gov.uk/foreign-travel-advice/taiwan Hint : You can subscribe to HMRC travel advice updates by clicking on "Get Email Alerts". References: HM Revenue & Customs (www.gov.uk ); Wikipedia (www.wikipedia.org ); FSCS (www.fscs.org.uk ); ICO (https://ico.org.uk)

The cost element categoryhas a technical control function. It determines whether you can post to a cost element directly or indirectly. Direct posting: You post a fixed amount to an account by specifying the account number. You can post directly to all primary cost elements. Indirect posting: The system determines the account automatically at the time of posting You can not enter the account number with the posting transaction. You can only post indirectly to secondary cost elements. Cost Elements The cost element categoryhas a technical control function. It determines whether you can post to a cost element directly or indirectly. Direct posting: You post a fixed amount to an account by specifying the account number. You can post directly to all primary cost elements. Indirect posting: The system determines the account automatically at the time of posting You can not enter the account number with the posting transaction. You can only post indirectly to secondary cost elements. Cost Element Category Primary cost elements 01 : Primary cost element This category of cost element can be debited with all primary postings, for example, in Financial Accounting (FI) or Materials Management (MM). 03 : Accrual cost element / percentage method This cost element category may only be used in Cost Center Accounting (CO-OM-CCA) with the percentage method of accrual calculation. You can post directly in Financial Accounting to register when actual costs are incurred. The system uses this cost element category to post accrued costs in Cost Center Accounting. If you do not want to consider actual costs (for example, additional costs), you can create this category of cost elements exclusively in Controlling. You define the account in the chart of accounts, but you do not need to create the account as a G/L account in Financial Accounting. 04 : Accrual cost element / target=actual method This cost element category may be used only in the target=actual method of accrual calculation with Cost Center Accounting. You can post the cost directly from Financial Accounting to register when actual costs are incurred. The system uses this cost element category to post accrued costs in Cost Center Accounting. If you do not want to consider actual costs (for example, additional costs), you can create this category of cost elements exclusively in Controlling. You define the account in the chart of accounts, but you do not need to create the account as a G/L account in Financial Accounting. 11 : Revenue elements The cost element category is used to post revenues. Warning : Revenues are displayed in Controlling with a negative sign (-). An exception to this is Profitability Analysis (CO-PA). In CO-PA revenues are displayed with a positive sign (+). Caution : If you post revenues to cost centers, the values appear as statistical information only. This means that you can repost revenues for posting adjustments to other cost centers, but another allocation is not possible. Revenues are ignored in iterative activity price calculation and are therefore not included in the allocation price of an activity type. Note : Before you define a revenue element, check whether the posting is in the form of a credit memo whose costs you want to take into account. If this is the case, use cost element category 01 (primary cost elements), not category 11 (revenue elements). These credit memos appear as negative costs and are processed in the same way as all other cost elements of category 01. Example : Cost center with revenue posting Costs = 10,000 Revenues = -5,000 Cost effective = 10,000 Cost center with credit entry Costs = 10,000 Credit memo = -5,000 Cost effective = 5,000 12 : Sales deduction Cost elements of this category are used to post sales deductions. Sales deductions (reductions, adjustments, corrections) are adjustment or deduction postings of revenues, such as discounts and rebates. Certain revenues, such as freight charged separately in the invoice, surcharges for small quantities or special orders, are not classified as sales deductions. Such value items are defined as revenue elements. The account assignment options for cost elements of this category are the same as for cost element category 11 (revenue elements). Values on cost centers are displayed statistically only (as for revenues). 22 : External settlement Cost elements of this category are used to settleorder, project, or cost object costs to objects outside of Controlling. CO external objects can be, for example, assets (AM), materials (MM) or G/L accounts (FI). The system always creates an accounting document when you settle to external objects. You cannot use this cost element category for settlement to objects within Controlling (such as cost centers, orders, or projects). Use secondary cost element category 21 for internal settlement. In contrast to settlement to CO-external objects, no accounting documents are generated by the system for settlement to CO internal objects as the value flow occurs exclusively within CO. 90 : Cost element for balance sheet accounts in Financial Accounting Cost elements of this category are generated automatically when you create cost elements in Controlling that have asset reconciliation accounts, that is, special balance sheet accounts, as corresponding general ledger accounts in Financial Accounting. You cannot change this cost element category in CO master data maintenance. FI does not require CO account assignments of category 90. However, if you do enter a CO account assignment, this is only updated statistically even for true CO objects. Cost elements of category 90 enable you to control the costs of an order or project budget during the acquisition of fixed assets that can be directly capitalized. To achieve this you enter a capital investment order or work breakdown structure (WBS) element in the appropriate field in the asset master data. The Asset Management (AM) component ensures that when the asset is acquired, the order or WBS element is automatically entered in the document. In Controlling, orders and WBS elements are debited statistically. This statistical debit is checked with the budget during availability control. The system does not support other uses of category 90 cost elements at present. You cannot plan using these cost elements. Secondary cost elements 21 : Internal settlement This cost element category is used to settle (further allocate) order or project costs to Controlling (CO) internal objects. CO-internal objects are, for example, orders, profitability segments, cost centers and projects. You cannot use this cost element category for settlement to CO-external objects (such as fixed assets, materials, or G/L accounts). Use primary cost element category 22 for external settlement. 31 : Order/project results analysis This cost element category is used to save the order/project results analysis data on the relevant order/project. 41 : Overhead rates This cost element category is used to further allocate overhead costs using overhead ratesfrom cost centers to orders. 42 : Assessment This cost element category is used to allocate costs using the assessment method. 43 : Allocation of activities/processes This cost element category is used during internal activity allocationand in Activity-Based Costing. 50 : Incoming orders: sales revenues This cost element category is used for sales revenues from sales orders with incoming orders in the current period of the project-related incoming order. 51 : Incoming orders: other revenues This cost element category is used for other revenues, such as imputed interest, from sales orders with incoming orders in the current period of the project-related incoming order. 52 : Incoming orders: costs This cost element category is used for costs from sales orders with incoming orders in the current period of the project-related incoming order. 61 : Earned values This cost element category is used for the earned values from the earned value analysis in Project System. Article written by Luiz C. Mariani | Published July 2023 Reference sources: SAP ( www.sap.com ); SAP Support ( support.sap.com ); SAP Help ( help.sap.com ); SAP Blog ( blogs.sap.com )

Topics: SAP S/4 HANA Scope Configuration; TaaS (Tax as a Service); Complex Architectural Integration; SAP vs Oracle (ERP Cost); Country Versions Available / Supported Languages; Country-Specific Functions; E-Reporting (Electronic Report); Digital Reporting Across the Globe; VAT with SAF-T; SAFT-T Applicable (i.SAF) / (XAF); IT14SD; B2B GST; e-Audit; IRAS Audit File (IAF); E-Books via myDATA; Spanish SII; Electronic VAT Filing; E-Invoicing (CUFE); SPED; ACR; DRC Country Version Overview Country Version Complex Architectural Integration / TaaS (Tax as a Service) E-Reporting / Digital Reporting Across the Globe Advanced Compliance Reporting (ACR) SAP vs Oracle (Solutions and Costs) SAP Supported Country Version SAP Supported Languages Country-Specific Functions SAP S/4 HANA Scope Configuration Country Version An SAP country version consists of the components Function including Customizing and documentation Language For SAP country versions you have to distinguish between Standard country versions The country-specific functions are already contained on the standard delivery CD Add-on or modification country versions These country versions are delivered in separate data carriers. For Add-on country version, these are some customizing settings delivered Costing sheet, chart of accounts Customizing settings payment transactions Country-specific balance sheet and profit and loss structure Account determination Tax calculation procedure, withholding tax code Value-added tax code Calendar Cost elements, cost element hierarchy Asset Accounting chart of depreciation Procedure when you want to implement a new country version Obtain information regarding the availability and functions of new country version If the new country version is not a standard country version, you will have to install the country version (function) Install the language of the country (if required) Complex Architectural Integration / TaaS (Tax as a Se rvice) With the complexity in the integration architecture for the new digital world comes new and more complex challenges. If you company decides to: Add a new purchasing technology Or have a cloud-based sourcing procurement (i.e. Ariba, Coupa) Or use a new e-commerce platform for sales Or to do B2B transactions Or just a billing platform or app Or the headoffice decides to have a better expenses control Or use a expenses management platform (i.e. Concur) Or maybe acquire other company All these new technologies, which are being designed to facilitate the advancement of this digitization, helping companies to comply with the new legal requirements, e-Invoicing and Electronic Reporting, come at a cost. You need to understand what is a legal requirement, a business requirement versus cost and time, to measure the benefits of these new tools available in the market and make a strategic decision. Although IT (software and hardware), which can be acquired in the market, is not strategic, it can give your company business leverage over competitors. E-Reporting (Electronic Report ) Nowadays, globalization and digitalization of companies are moving very quickly all over the world. Each year, more and more countries move away from paper and implement electronic media, such as e-invoicings and e-reportings. Digital Rep orting Across the Globe Continent Country Digital Reporting Africa Angola VAT with SAF-T (introduced July 2019) Africa Egypt Measures annunced in 2020 for the upload of AP and AR VAT Data in .CSV Files, used to populate the VAT Retun Africa Kenya Public consultation of e-Invoicing (announced November 2019) E-Invoicing Legislation (It was expected in 2020) Africa South Africa IT14SD Reconciliation of Return to Ledgers for Income Tax, VAT, PAYE and Customs Asia China Golden Tax System Disclose Full Invoice Details before obtaining Valid Invoice Number No SAF-T or e-Audit Asia India B2B GST e-Invoicing (introduction phased announced / optional from February 2020) Asia Indonesia E-Invoice Mandatory No SAF-T or e-Audit Asia Kazakhastan SAF-T (it was expected in 2019) On a Voluntary Basis Asia Malaysia With GST repealed GST Aufit File (GAP) is no longer applicable With SSF reinstated (it was expected GAP File to be introduced soon) Asia Russia Comprehensive Invoice Details Filed with VAT Return Asia Singapore E-Invoicing (since 2018) Simplified SAF-T: IRAS Audit File (IAF) Upon request Asia United Arab Emirates FAF File (introduction expected) Europe Austria SAF-T Applicable Depends on requested information Upon request Europe Czech Republic Comprehensice Invoice Details Due with Every Tax Return No e-Audit B2G e-Invoicing Europe France Reduced SAF-T (applicable since 2014) Data of Statutory Accounting B2B e-Invoicing (mandatory since 2023) Pre-clerance though Chorus Pro Portal Europe Germany SAF-T Applicable (GoBD) Depending on the Scope of Audit Upon Request Europe Greece E-Books to be Submitted via myDATA Platform E-Invoicing Provisions (announced) Both measures Expected in 2020 Europe Hungary Data Export Function on Invoicing Software (since January 2016) Online Connection established between Invoice Invoicing Software and the Tax Authorities' system (July 2017) Submission of Electronic Invoice Details (July 2018) Europe Ireland Electronic Submission of Payroll Tax Data (from 2019 at time of Payment) Europe Italy Mandatory use of e-Invoicing Platform SdI from Domestic Invoicing (since 2019) VAT Reporting e-Submission for Non-Demestric Invoices Received and Issued Europe Lithuania SAFT-T Applicable (i.SAF) for VAT Invoices (Issued and Received), also Additional Customs Information (i.VAZ for the submission od Data on Consignment and Other Goods Documents) On Regular Basis (since October 2016) Europe Luxemburg SAFT-T Applicable OECD SAFT-T based: GL, Invoices, Payments, Customers, Suppliers, Tax Table Upon requet Europe Netherlands SAF-T Applicable (XAF) Financial GL Data Optional Regime Europe Norway SAF-T Financial Data Mandatory upon Request (January 2020) Europe Poland SAF-T Applicable (JPK / since July 2016) JPK_VDEK File to Replace the VAT Return (April 2020 for Large Businesses) Several Other Files (Bank Statements, Warehouse Info, Comprehensive GL Info / to be Available Upon Request) Electronic Financial Statements (2019) Europe Portugal SAF-T Applicable GL, Supplier and Customer Info, Tax Table, Invoices, Product Tables Both monthly and upon request B2G e-Invoicing (from 2019) Europe Romania SAF-T (it was expected to be introduced by end of 2020) E-Audit Not Applicable, but based on the Law (it is an option further to be implemented) RTR Mandatory for Large Taxpayers (optional for the rest) Europe Slovenia Standardised File used for Electronic Tax Data in General Used in Tax Audit and Similar Procedures Upon Request Europe Spain Spanish SII (implemented in 2017) Europe Switzerland Electronic VAT Filing mandatory (2020) Europe UK Making Tax Digital (MTD) Digitalization of Tax Submissions VAT (only from April 2019) Oceania Australia E-Audit (introduced 2019 but upon request) No SAF-T South America Argentina Digital VAT Books (introduction expected October 2019) Final roll out in 2020) South America Brazil SPED System Disclose Full Invoice Details before obtaining Valid Invoice Number On a Regular Basis South America Colombia E-Invoicing (CUFE) Roll-out expected by end of 2020 Advanced Compliance Reporting (ACR) Advanced compliance reporting is a global compliance reporting solution that helps you to create, generate, and submit compliance reports to the governments on time and in the correct format. It helps you to ensure compliance with complex and ever-changing legal requirements. Country/Region-Specific Reports The following country/region-specific reports are already available in ACR. For detailed information on how to run the reports, click the link of the report below: Region Reports Business Catalogs Business Role Templates Argentina Daily VAT - Electronic Duplicate SAP_FIN_BC_GL_REPORTING_AR SAP_BR_GL_ACCOUNTANT_AR Form 731 Official Last Official Document Number Purchase VAT Sales VAT Sales and Purchase Print Format Australia GST Report SAP_FIN_BC_GL_REPORTING_AU SAP_BR_GL_ACCOUNTANT_AU Austria Advance VAT Return - U30 SAP_FIN_BC_GL_REPORTING_AT SAP_BR_GL_ACCOUNTANT_AT Annual VAT Return - U1 SAP_FIN_BC_AP_ANALYTICS_AT SAP_BR_AP_MANAGER_AT Balance of Payments – Form L1 (Cross Border Services) EC Sales List Belgium Annual Sales Listing SAP_FIN_BC_GL_REPORTING_BE SAP_BR_GL_ACCOUNTANT_BE Balance of Payments - F01DGS Balance of Payments - F01MER Balance of Payments - F02CMS Balance of Payments - S03CCR EC Sales List VAT Return Withholding Tax Report Brazil EFD ICMS IPI Report SAP_FIN_BC_GL_REPORTING_BR SAP_BR_GL_ACCOUNTANT_BR ECD Report ECF Report EFD Contribuições Report Canada Goods and Services Tax/Harmonized Sales Text (GST/HST) Report SAP_FIN_BC_GL_REPORT_CA SAP_BR_GL_ACCOUNTANT_CA Provincial Sales Tax - Manitoba (PST-MB) Report Provincial Sales Tax - British Columbia (PST-BC) Report Provincial Sales Tax - Saskatchewan (PST-SK) Report Quebec Sales Tax (QST) Report China Audit Report GBT24589: Account Payables and Receivables SAP_FIN_BC_AP_OPER_CN SAP_BR_AP_ACCOUNTANT_CN Audit Report GBT24589: Assets Accounting SAP_FIN_BC_GL_REPORTING_CN SAP_BR_GL_ACCOUNTANT_CN Audit Report GBT24589: Common Information SAP_FIN_BC_CASH_CF_CN SAP_BR_CASH_MANAGER_CN Audit Report GBT24589: General Ledger Input VAT Transfer Input VAT Deduction Cash Flow Statements Statement of Changes in Owner's Equity - Yearly Colombia 1001 Report Format: Payments in Accounts and Tax Withholding in Source – Payed SAP_FIN_BC_GL_REPORTING_CO SAP_BR_GL_ACCOUNTANT_CO 1003 Report Format: Withholding Taxes - Payable 1005 Report Format: Deductible Taxes on Sales to Be Paid 1006 Report Format: Generated Taxes on Sales to Be Paid and Consumption Tax 1007 Report Format: Revenues in the Year 1008 Report Format: Open Items of Balance Debtors on December 31st 1009 Report Format: Liability Balance on December 31st VAT Declaration Czech Republic EC Sales List SAP_FIN_BC_GL_REPORTING_CZ SAP_BR_GL_ACCOUNTANT_CZ Cash Flow Statement Financial Statements VAT Declaration Denmark EC Sales List SAP_FIN_BC_GL_REPORTING_DK SAP_BR_GL_ACCOUNTANT_DK VAT Return Egypt VAT Return SAP_FIN_BC_GL_REPORTING_EG SAP_BR_GL_ACCOUNTANT_EG Finland EC Sales List SAP_FIN_BC_GL_REPORTING_FI SAP_BR_GL_ACCOUNTANT_FI VAT Return France Balance of Payments - Form ECO SAP_FIN_BC_GL_REPORTING_FR SAP_BR_GL_ACCOUNTANT_FR Balance of Payments - Form RTE EC Sales List Overdue Invoices VAT Return Withholding Tax Report Hungary Audit Report SAP_FIN_BC_GL_REPORTING_HU SAP_BR_GL_ACCOUNTANT_HU EC Sales List VAT Return India GSTR-1 SAP_FIN_BC_AP_ANALYTICS_IN SAP_BR_AP_MANAGER_IN GSTR-3B SAP_FIN_BC_GL_REPORTING_IN SAP_BR_GL_ACCOUNTANT_IN Withholding Tax Report Indonesia VAT Return SAP_FIN_BC_GL_REPORTING_ID SAP_BR_AP_MANAGER_ID VAT In (Company Code Level) SAP_FIN_BC_AR_TAX_REP_ID SAP_BR_GL_ACCOUNTANT_ID VAT In (Business Place Level) SAP_FIN_BC_AP_REPORTING_ID VAT Out (Company Code Level) VAT Out (Business Place Level) VAT Exports (Company Code Level) VAT Exports (Business Place Level) Withholding Tax (PPh 23 and PPh 26) Report Withholding Tax (PPh Pasal 15) Report Withholding Tax (PPh Pasal 22) Report Withholding Tax (PPh Pasal Article 4(2)) Report Cash Flow Statements Ireland EC Sales List SAP_FIN_BC_AP_ANALYTICS_IE SAP_BR_AP_MANAGER_IE Ireland Return Trading Details SAP_FIN_BC_GL_REPORTING_IE SAP_BR_GL_ACCOUNTANT_IE VAT Report Withholding Tax Report Israel VAT Return (PCN874) SAP_FIN_BC_GL_ACCOUNT_IL SAP_FIN_BC_GL_ACCOUNT_IL Italy VAT Return SAP_FIN_BC_GL_REPORTING_IT SAP_BR_GL_ACCOUNTANT_IT Withholding Tax Report Japan VAT Return SAP_FIN_BC_AP_ANALYTICS_JP SAP_BR_AP_MANAGER_JP Withholding Tax using White Return (Payment-Based) SAP_FIN_BC_GL_JE_PROC_JP_PC SAP_BR_GL_ACCOUNTANT_JP Withholding Tax using Blue Return (Invoice - Based) Trade Credit Check Central Bank Payment Luxembourg Annual VAT Return SAP_FIN_BC_GL_REPORTING_LU SAP_BR_GL_ACCOUNTANT_LU Balance of Payments EC Sales List Malaysia Goods and Services Tax Return SAP_FIN_BC_GL_REPORTING_ML SAP_BR_GL_ACCOUNTANT_ML GST Audit File Sales and Service Tax Report Mexico Chart of Accounts SAP_FIN_BC_GL_REPORTING_MX SAP_BR_GL_ACCOUNTANT_MX Account Balance SAP_FIN_BC_AP_REPORTING_MX SAP_BR_AP_ACCOUNTANT_MX Auxiliary Report for Accounts Journal Entries Details VAT Declaration DIOT Report Withholding Tax Report Netherlands EC Sales List SAP_FIN_BC_GL_REPORTING_NL SAP_BR_GL_ACCOUNTANT_NL VAT Return Norway Customer Line Items SAP_FIN_BC_AR_REPORTING_NO SAP_BR_AR_ACCOUNTANT_NO Supplier Line Items SAP_FIN_BC_AP_REPORTING_NO SAP_BR_AP_ACCOUNTANT_NO G/L Account Line Items SAP_FIN_BC_GL_REPORTING_NO SAP_BR_GL_ACCOUNTANT_NO VAT Return Philippines CAS Report (including General Ledger, Purchase Journal, General Journal, Sales Journal, Inventory Report) SAP_FIN_BC_GL_REPORTING_PH SAP_BR_GL_ACCOUNTANT_PH VAT Return (Monthly and Quarterly) SAP_FIN_BC_AP_ANALYTICS_PH SAP_BR_AP_MANAGER_PH VAT Summary List (including Summary List of Sales, Summary List of Purchases, Summary List of Importation) Withholding Tax Report Customer Withholding Tax Summary Poland Cash Flow Statement SAP_FIN_BC_GL_REPORTING_PL SAP_BR_GL_ACCOUNTANT_PL Customer Balances and Line Items SAP_FIN_BC_AP_ANALYTIC_PL_PC SAP_BR_AP_MANAGER_PL EC Sales List Fixed Asset Forms Poland G/L Account Balances and Line Items Overdue Invoices Supplier Balances and Line Items VAT Return Withholding Tax Declaration (IFT2) Withholding Tax Declaration (IFT2R) Portugal Annual VAT Declaration (Annex L and M) SAP_FIN_BC_GL_REPORTING_PT SAP_BR_GL_ACCOUNTANT_PT Annual Sales and Purchase (Annex O and P) EC Sales List Mapas Fiscais Romania Domestic Sales Purchase List (Declaration 394) EC Sales List (Declaration 390) Fixed Asset Chart G/L Account Trial Balances Sales & Purchase Journal VAT Return (VAT 300 Declaration) Russia Financial Statements for Russia SAP_FIN_BC_GL_REPORTING_RU SAP_BR_GL_ACCOUNTANT_RU Invoice Journal for Russia Property Tax Declaration for Russia Purchase and Sales Ledger for Russia VAT Return for Russia VAT Return Clarification Request Processing for Russia Saudi Arabia VAT Return SAP_FIN_BC_GL_REPORTING_SA SAP_BR_GL_ACCOUNTANT_SA Withholding Tax Report SAP_FIN_BC_AP_ANALYTICS_SA SAP_BR_AP_MANAGER_SA Singapore Goods and Services Tax Return SAP_FIN_BC_GL_REPORTING_SG SAP_BR_GL_ACCOUNTANT_SG South Africa BBBEE Supplier Classification SAP_FIN_BC_GL_REPORTING_ZA SAP_BR_GL_ACCOUNTANT_ZA VAT Declaration VAT Returns South Korea Cash Flow Statements SAP_FIN_BC_GL_REPORTING_KR SAP_BR_GL_ACCOUNTANT_KR Trial Balance SAP_FIN_BC_AP_ANALYTICS_KR SAP_BR_AP_MANAGER_KR VAT Declaration SAP_FIN_BC_CM_CF_KR SAP_BR_CASH_MANAGER_KR Withholding Tax - Business Income Report Withholding Tax - Other Income Report Spain EC Sales List SAP_FIN_BC_GL_REPORTING_ES SAP_BR_GL_ACCOUNTANT_ES Form 347: Annual Statement of Transactions with Third Parties SAP_FIN_BC_AP_ANALYTICS_ES SAP_BR_AP_MANAGER_ES Form 347: Incoming Cash Transactions VAT Return - Form 303 Withholding Tax Report Sweden EC Sales List SAP_FIN_BC_GL_REPORTING_SE SAP_BR_GL_ACCOUNTANT_SE Switzerland Switzerland National Bank Reporting SAP_FIN_BC_GL_REPORTING_CH SAP_BR_GL_ACCOUNTANT_CH VAT Return Taiwan, China VAT Declaration SAP_FIN_BC_GL_REPORTING_TW SAP_BR_GL_ACCOUNTANT_TW Thailand VAT Return - PP30 SAP_FIN_BC_GL_REPORTING_TH SAP_BR_GL_ACCOUNTANT_TH Cash Flow Statements SAP_FIN_BC_AP_REPORTING_TH Turkey Input VAT Declaration SAP_FIN_BC_GL_REPORTING_TR_PC SAP_BR_GL_ACCOUNTANT_TR Inventory Ledger Purchase Sales Declaration Sales Invoice List United Arab Emirates FAF Return SAP_FIN_BC_GL_REPORTING_AE SAP_BR_GL_ACCOUNTANT_AE VAT Declaration United Kingdom EC Sales List SAP_FIN_BC_GL_REPORTING_GB SAP_BR_GL_ACCOUNTANT_GB Reverse Charge Sales List SAP_FIN_BC_AP_ANALYTICS_GB SAP_BR_AP_MANAGER_GB VAT Return Withholding Tax Report United States Withholding Tax (1099 - MISC) Report SAP_FIN_BC_AP_ANALYTICS_US SAP_BR_AP_MANAGER_US Withholding Tax (1042-S) Report Withholding Tax (1099-G) Report Withholding Tax (1099-INT) Report Withholding Tax (1099-K) Report Venezuela Purchase VAT SAP_FIN_BC_GL_REPORTING_VE SAP_BR_GL_ACCOUNTANT_VE Sales VAT VAT Return VAT Withholding Tax Declaration VAT Withholding Tax Certificate Withholding Tax Income Certificate Withholding Tax Declaration - Other Income SAP vs Oracle What ERP is the best option for your company? The two big gest players in the market for big size, multinational companies are SAP and Oracle. SAP is a German multinational software company based in Walldorf with regional offices in 180 countries, founded in 1972. Oracle is an American multinational computer technology, company headquartered Texas, United States, founded in 1977. ERP Cost Neither SAP nor Oracle offer public pricing, which makes it difficult to determine exactly how much either solution will cost your business to implement. There are also many different pricing packages and plans to consider when it comes to determining how much you’ll pay for either platform. A customized package with full implementation and support could be as high as a five- to six-figure investmen t. These are costs that can be used as references and it may vary (between 2022 and 2023) SAP Cloud Based (per user / per month): $100 - $ 150 Oracle Cloud Services (per user / per month): $150 - $200 Warning : The cost to implement an ERP depends on many variables, such as technology, country, consultancy, company size, company sector, legal requirements, business requirements, project methodology, project duration, project size, areas/modules (finance , production, sales, procurement, human resources and so on) and others. Area SAP (Business One Professional) Oracle (Fusion Cloud ERP) Accounting Standard features such as accounts payable (A/P), accounts receivable (A/R) and fixed asset management Standard and advanced features covering accounts payable to asset management retirement and amortization Budgeting Basic budgeting features for managing and executing general planning Advanced tools including asset lifecycle management in addition to standard budgeting features Pricing Straightforward pricing tools to manage product pricing Pricing tools can match market, currency, exchange rate and calculate profit margins, rebates and discounts Human Resources Well-designed employee portal, payroll and e-recruiting functionality to help with both retention and employee turnover Good reporting capabilities including visual representations CRM Integrates marketing, sales and finance to create a whole story of customers to help with contextual sales Good marketing support AI and ML HANA computing platform is basis of all SAP offerings and AI digital assistant "CoPilot" makes data accessible AI tools like Digital Assistant are built into all parts of Oracle software and use natural language to sort databases A high degree of financial focus is evident in both ERPs offerings. Accounting and reconciliation-based financial software are common features and present the ability to simplify recordkeeping, consolidate across departments and locations and integrate sales and procurement across entire supply chains. In addition to supporting multiple currencies and languages, both platforms provide regulatory compliance settings and forms as well as real-time data management. Country Versions Available World Map of Local Versions and Languages of SAP Products . SAP Disclaimer This information is designed in order to give SAP customers a quick overview of localized SAP Products & solutions and laguages & local version availability. All information about these products and solutions is referring to their latest version and all listed products and solution available in February 2023 . Information sources are the respective release information and the SAP Products Availability Matrix (PAM). Chanfes to the availability of products and solutions may occur. All information is not legally binding and only for information purposes. The information about SAP Partner Local Versions is provided for infomational purposes only, without representation or warranty of any kinf, e.g. completeness, functionality or actuality. Area Product / Solution Local Versions Languages Enterprise Resource Planning SAP ERP Central Component 65 39 Enterprise Resource Planning SAP S/4 HANA 64 39 Enterprise Resource Planning SAP S/4 HANA Cloud, Public Edition 51 32 Enterprise Resource Planning SAP S/4 HANA Cloud, Private Edition 63 39 Enterprise Resource Planning SAP Business One 51 28 Enterprise Resource Planning SAP Business ByDesign 70 40 Human Capital Management SAP ERP ECC Human Resources 105 35 Human Capital Management SAP SucessFactores Employee Central 104 45 Human Capital Management SAP SucessFactores Employee Central Payroll 52 34 SAP Document and Reporting Compliance SAP Document and Reporting Compliance, on-premise edition 31 39 SAP Document and Reporting Compliance SAP Document and Reporting Compliance for S/4 HANA Cloud 47 32 SAP Document and Reporting Compliance SAP Document and Reporting Compliance for S/4 HANA and Cloud, private edition 57 39 Travel and Spend Management SAP Concur, Concur Expense 31 30 SAP Business Network for Procurement SAP Business Network for Procurement 40 24 Sustainability SAP Responsible Desing and Production (RDP) 6 6 SAP Supported Languages You can see in the table below the languages available per product / solution. Languages SAP ECC SAP S/4 HANA SAP S/4 HANA Cloud Public SAP S/4 HANA Cloud Private SAP Business One SAP Business ByDesign SAP ECC Human Resources SAP SucessFactors EC SAP SucessFactors ECP Arabic X X X X X TH X X X Bulgarian X X X X TH X X X Catalan X X TH X X X Chinese (simplified) X X X X X X X X X Chinese (traditional) X X X X X X X X X Croatian X X X X TH X X X Czech X X X X X TH X X X Danish X X X X X TH X X X Dutch X X X X X X X X X English X X X English (UK) X X English (US) X X X X X X Estonian X X TH X X Finnish X X X X X TH X X X French X X X X X French (Canadian) X French (FR) X X X X German X X X X X X X X German (Germany) X German (Swiss) X Greek X X X X X TH X X X Hebrew X X X X X X X X X Hindi X X TH X X X Hungarian X X X X X TH X X X Indonesian X Italian X X X X X X X X X Japanese X X X X X X X X X Kazakh X X X X TH X Korean X X X X X X X X X Latvian X X TH X Lithuanian X X TH X Malay X X X X TH X Norwegian X X X X X TH X X X Polish X X X X X X X X X Portuguese X X X X Portuguese (BR) X X X TH X X X Portuguese (Portugal) X Romanian X X X X TH X X X Russian X X X X X TH X X X Serbian X X X X X X X Serbian (Latin) TH Slovak X X X X X TH X X X Slovenian X X X X TH X X X Spanish X X X X Spanish (ES) X X X X X Spanish (Mexico) X Spanish (LATAM) X X Swedish X X X X X TH X X X Thai X X X X TH X X X Turkish X X X X X TH X X X Ukrainian X X X TH X X X Vietnamese X X TH X X X Weish X Remark SAP ECC and S/4 HANA Languages for which at least one product of the SAP Business Suite is supported, including continuous support (maintenance an d subsequent releases) through standard delivery channels. This excludes: (1) Farsi (Persian language) which is only available for a specific release and support package level, see SAP Note SAP 981731 for details, (2) Indonesian (Bahasa Indonesia) and Malay (Bahasa Malaysia) which are only supported for specific products. SAP Business One A convenient option to make additional languages available is using a partner solution (for some Local Versions bundled with functional add-ons) or to define customer specific UI terms using respective SAP tools. Malaysia, India, Indonesia, Philippines, Singapore and South Africa use English, Luxembourg uses French or German. Others use local languages. SAP Business ByDesign * TH * The SAP Translation Hub can be enabled to leverage translations via the Language Adaptation Tool and supports the listed target languages, amongst others (check all supported languages from source language “English (United States)” by ‘’Translation Provider SAP Machine Translation’). Quality score from translation provider ‘SAP Machine Translation’ is set to a fix value 25% to indicate that all machine translation proposals need to be reviewed by language experts. 10 additional languages added by partners as of 01.07.22. HU, FI, CZ, Slovak, Catalan, HR, BG, Arabic + Vietnamese and Thai . If you need support to review the translation proposals from SAP Translation Hub, you can contact the SAP Language Service Partners (see general description of their services and a list of those partners). SAP ECC Human Resources Languages for which at least one product of the SAP Business Suite is supported, including continuous support (maintenance an d subsequent releases) through standard delivery channels. This excludes: (1) Farsi (Persian language) which is only available for a specific release and support package level, see SAP Note SAP 981731 for details, (2) Indonesian (Bahasa Indonesia) and Malay (Bahasa Malaysia) which are only supported for specific products. SAP SucessFactors EC Languages for which at least one product of the SAP SuccessFactors Suite is supported, including continuous support (maintena nce and subsequent releases) through standard delivery channels. See SAP SuccessFactors Languages and Locales - SAP Help Portal for more details. Estonian and Latvian will be delivered, soon. Country-Specific Functions Your SAP ERP system offers a wide range of local versions, each of which is designed to allow you to run your business operations in a particular country or region. Integration Local versions do not constitute separate application components. Instead, the functions are contained in the various application components. This means that the Financial Accounting (FI) component, for example, does not just contain generic FI functions, but it includes local functions as well. Important : All of the SAP standard local versions are mutually compatible. This means, for example, that you can use the local versions for Brazil, China, and Turkey in a single physical system. You can see below the most of the country-specific functions and the main areas. Americas Argentina Sales tax calculation Withholding tax Reporting Localized version of the Payroll (PY) component, Payroll Argentina (PY-AR) Brazil Tax calculation Automatic generation of Notas Fiscais (E-Invoicing) Statutory reporting / SPEDs (E-Reporting) Localized version of the Payroll (PY) component, Payroll Brazil (PY-BR) Canada Master Data Bank Directories Automatic Transfer of Bank Directory: Report Documentation Accounting: Payment Transactions Country-Specific Definitions for the Payment Method Check Management Travel Management Travel Expenses Human resources Payroll Chile Check routine for tax number Financial reports (journal, cash journal, general ledger, material ledger, sales ledger, purchase ledger, balance sheet for tax purposes) Withholding tax reports (different reports for different vendors, stamp tax report) Management of prenumbered forms Numbering and printing of delivery notes and invoices; renumbering and reprinting; administration; referencing invoice to delivery note; canceled documents. Colombia Colombian chart of accounts Value-added tax Withholding taxes Inflation Accounting for assets and financials Mexico Inflation accounting for assets, inventories, and financials Financial reports (withholding tax report, top fifty customers and vendors) Travel expenses (reimbursement of foreign currency receipts in local currency; data medium exchange in local and hard currency; maximum limits for nondeductible travel expenses) Mexican version of the Payroll (PY) component, Payroll Mexico (PY-MX) Peru Check routines for tax numbers and official document numbers, as required by law Financial reports (journal, cash journal, general ledger, sales ledger, purchase ledger, COA report) Management of prenumbered forms This includes numbering and printing of delivery notes and invoices; renumbering and reprinting; form administration; references in invoices to delivery notes (and vice versa, if official number available); canceled documents. United States Sales and use tax Withholding tax, including reporting Asset accounting Bank accounting, including check management and lockbox procedure Localized version of Transaction Manager in Treasury and Risk Management (FIN-FSCM-TRM-TM) Localized version of the Payroll (PY) component, Payroll United States (PY-US) Venezuela Inflation accounting for assets, inventories, and financials Financial reports (sales ledger, purchase ledger) Venezuelan version ofPayroll (PY), Payroll Venezuela (PY-VE) Path : https://help.sap.com/docs/SAP_ERP_SPV/2b3095764fd345bf960dae86b1f8e6ac/a372c2531bb9b44ce10000000a174cb4.html SAP S/4 HANA Scope Configuration Accounting and Financial Close J58 Accounting and Financial Close (‏J58‏) 1GA Accounting and Financial Close - Group Ledger IFRS (‏1GA‏) 2FD Accounting for Incoming Sales Orders (‏2FD‏) 1J2 Advance Compliance Reporting (‏1J2‏) J62 Asset Accounting (‏J62‏) 1GB Asset Accounting - Group Ledger IFRS (‏1GB‏) BFH Asset Under Construction (‏BFH‏) 1GF Asset Under Construction - Group Ledger IFRS (‏1GF‏) 1GO Cash Journal (‏1GO‏) 1GI General Ledger Allocation Cycle (‏1GI‏) BEJ Inventory Valuation for Year-End Closing (‏BEJ‏) 1ZT Managing Material Price Changes and Inventory Values (‏1ZT‏) BF7 Period-End Closing - Maintenance Orders (‏BF7‏) BEI Period-End Closing - Plant (‏BEI‏) 2VB Purchase Order Accruals (‏2VB‏) 2QY SAP Fiori Analytical Apps for Asset Accounting in Finance (‏2QY‏) BGC SAP Fiori Analytical Apps for G/L Accounting in Finance (‏BGC‏) Advanced Accounting and Financial Close 1J2 Advance Compliance Reporting (‏1J2‏) 3AF Group Account Preparation for Financial Consolidation (‏3AF‏) 2U6 Group Reporting - Data from External Systems (‏2U6‏) 287 Group Reporting - Data from SAP Group Reporting Data Collection (‏287‏) 1SG Group Reporting - Financial Consolidation (‏1SG‏) 28B Group Reporting - Plan Consolidation (‏28B‏) Financial Operations J60 Accounts Payable (‏J60‏) J59 Accounts Receivable (‏J59‏) 19O Automated Dynamic Discounts with SAP Ariba Discount Management (‏19O‏) 1MV Cash Application Integration (‏1MV‏) 2UV Combined Invoice – Goods and Service Items (‏2UV‏) 2UT Complementary Invoice – Pricing (‏2UT‏) 19W Contingent Workforce Invoice Processing via SAP Fieldglass (‏19W‏) 1S0 Customer Payments (‏1S0‏) 2UW Delivery of Goods on Behalf of Another Company (‏2UW‏) 1S2 Digital Payments (‏1S2‏) 2RP Electronic Documents (‏2RP‏) 2M0 External Customer Payments (‏2M0‏) 2LZ External Digital Payments (‏2LZ‏) 1J5 Invoice, Taxes and Complementary Postings (‏1J5‏) 2PD Provisioning of Overdue Receivables (‏2PD‏) 2JB SAP Fiori Analytical Apps for Financial Accounting (‏2JB‏) 43D Tax Service Integration (‏43D‏) Advanced Financial Operations 1QM Advanced Credit Management (‏1QM‏) BD6 Basic Credit Management (‏BD6‏) Cost Management and Profitability Analysis 2I3 Commitment Management (‏2I3‏) 1HB Financial Plan Data Upload from File (‏1HB‏) BEV Internal Order - Actual (‏BEV‏) 1KU Leveraging SAP RealSpend (‏1KU‏) J55 Margin Analysis (‏J55‏) J54 Overhead Cost Accounting (‏J54‏) BEG Standard Cost Calculation (‏BEG‏) 2QL Universal Allocation (‏2QL‏) Enterprise Risk and Compliance 2OH Continuous Control Monitoring with SAP Process Control (‏2OH‏) 1WC Embargo Control (‏1WC‏) 2U2 Key Risk Indicator Monitoring with SAP Risk Management (‏2U2‏) 1W8 Legal Control (‏1W8‏) Treasury Management J77 Advanced Bank Account Management (‏J77‏) J78 Advanced Cash Operations (‏J78‏) 19O Automated Dynamic Discounts with SAP Ariba Discount Management (‏19O‏) 2O0 Bank Fee Management (‏2O0‏) Bank Communication File Exchange 1EG Bank Integration with File Interface (‏1EG‏) 16R Bank Integration with SAP Multi-Bank Connectivity (‏16R‏) BFA Basic Bank Account Management (‏BFA‏) BFB Basic Cash Operations (‏BFB‏) References: SAP (www.sap.com ); SAP Support (support.sap.com ); SAP Help (help.sap.com); SAP Blog (blogs.sap.com ); Oracle (www.oracle.com ); Wikipedia (www.wikipedia.org ); Forbes (www.forbes.com )

Topics: SAP Tables | Relationships | Key Fields | S/4 HANA ACDOCA and Elements | Table Joins SAP S/4 HANA Tables SAP Tables SAP S/4 HANA ACDOCA and Elements SAP Tables Relationship | Material Master Record Table Category Internal Table SAP Tables Environment | Structural | Organizational Table Description Type Area T-Code Key Field1 Key Field 2 Key Field 3 Key Field 4 Add Field Explanation SKA1 G/L Account Master (Chart of Accounts) Master Data Accounting FS00 SAKNR KTOPL SKAT G/L Account Master Record (Chart of Accounts: Description) Master Data Accounting FS00 SAKNR KTOPL SPRAS SKB1 G/L account master (company code) Master Data Accounting FS00 SAKNR BUKRS ACDOCA Universal Journal Entry Line Items Transactional Accounting FB01 BELNR RBUKRS GJAHR RLDNR S/4 HANA Universal Journal (Single Source of Truth). All Financial and Management Accounting Postings ACDOCP Plan Data Line Items Transactional Accounting REQTSN DATAPAKID RECORD RACCT S/4 HANA Universal Journal for Plan Data Line Items BKPF Accounting Document Header Transactional Accounting FB01 BELNR BUKRS GJAHR BSEG Accounting Document Segment Transactional Accounting FB01 BELNR BUKRS GJAHR REGUS Accounts blocked by Payment proposal Transactional Accounts Payable F110 BUKRS KOART LAUFI LAUFD Find payment proposals that are blocking payment runs CSKS Cost Center Master Record Master Data Cost Center KS01 KOSTL KOKRS DATBI CSKT Cost Center Texts Master Data Cost Center KS01 KOSTL KOKRS DATBI SPRAS COBK CO Object: Document Header Transactional Cost Center COEP CO Object: Line Items (by Period) Transactional Cost Center COSP CO Object: Cost Totals for External Postings ("COSP") Transactional Cost Center CSKA Cost Elements (Data Dependent on Chart of Accounts) Master Data Cost Element FS00 / KA01 KSTAR KTOPL CSKB Cost Elements (Data Dependent on Controlling Area) Master Data Cost Element FS00 / KA01 KSTAR KOKRS DATBI CSKU Cost Element Texts Master Data Cost Element FS00 / KA01 KSTAR KTOPL SPRAS KNA1 General Data in Customer Master Master Data Customer BP / XD01 KUNNR KNB1 Customer Master (Company Code) Master Data Customer BP / XD01 KUNNR BUKRS KNB4 Customer Payment History Master Data Customer BP / XD01 KUNNR BUKRS KNB5 Customer master (dunning data) Master Data Customer BP / XD01 KUNNR BUKRS MABER KNBW Customer master record (withholding tax types) X Master Data Customer BP / XD01 KUNNR BUKRS WITHT KNVD Customer master record sales request form Master Data Customer KUNNR VKORG VTWEG SPART KNVP Customer Master Partner Functions Master Data Customer KUNNR VKORG VTWEG SPART KNVV Customer Master Sales Data Master Data Customer KUNNR VKORG VTWEG SPART MAKT Material Descriptions Master Data Material MM01 MATNR SPRAS MARA General Material Data Master Data Material MM01 MATNR MARC Plant Data for Material Master Data Material MATNR WERKS MARM Units of Measure for Material Master Data Material MATNR MEINH MBEW Material Valuation Master Data Material MATNR BWKEY BWTAR MLAN Tax Classification for Material Master Data Material MATNR ALAND MVKE Sales Data for Material Master Data Material MATNR VKORG VTWEG PRODH T179 Materials: Product Hierarchies Master Data Material PRODH T001 Company Codes Customizing Organizational OBY6 BUKRS T001W Plants/Branches Customizing Organizational WERKS T002 Language Keys Customizing Organizational SPRAS T003 Document Types Customizing Organizational BLART T004 Directory of Charts of Accounts Customizing Organizational KTOPL T005 Countries Customizing Organizational LAND1 T006 Units of Measurement Customizing Organizational MSEHI T008 Blocking Reasons for Automatic Payment Transcations Customizing Organizational ZAHLS T009 Fiscal Year Variants Customizing Organizational PERIV T011 Financial Statement Versions Customizing Organizational VERSN T012 House Banks Customizing Organizational HBKID BUKRS T014 Credit control areas Customizing Organizational KKBER T016 Industries (Branch) Customizing Organizational BRSCH T030 Standard Accounts Table Customizing Organizational OBYC KTOPL KTOSL BKLAS KOMOK KONTS Check the transaction OBYC (Automatic Accounting Posts - Procedures | Account Determination) T030H Acct Determ.for Open Item Exch.Rate Differences Customizing Organizational OBA1 HKONT KTOPL WAERS CURTP Use to check the Account Determination for Open Item Exchange Rate Differences Account | This is used in FAGL_FCV (Foreign Currency Valuation) PROJ Project definition Master Data PS PSPNR PRPS WBS (Work Breakdown Structure) Element Master Data Master Data PS PSPNR CEPC Profit Center Master Data Table Master Data Profit Center KE51 PRCTR KOKRS DATBI CEPCT Texts for Profit Center Master Data Master Data Profit Center KE51 PRCTR KOKRS DATBI SPRAS T000 Clients Customizing System SCC1 MANDT DD03L Table Fields System System SE16H FIELDNAME You can check which tables a specific field is in PRGN_CORR2 Correction Table for Modif. Transaction Codes in Area Menu System System T_TCODE S_TCODE REL_NAME You can check the old transaction that was replaced by new ones TSTC SAP Transactional Codes System System SE93 TCODE LFA1 Supplier Master (General Section) Master Data Vendor BP / XK01 LIFNR LFB1 Vendor Master (Company Code) Master Data Vendor BP / XK01 LIFNR BUKRS LFB5 Vendor master (dunning data) Master Data Vendor BP / XK01 LIFNR BUKRS MABER LFBK Vendor Master (Bank Details) Master Data Vendor BP / XK01 LIFNR BANKS BANKL BANKN LFBW Vendor master record (withholding tax types) X Master Data Vendor BP / XK01 LIFNR BUKRS WITHT LFM1 Vendor master record purchasing organization data Master Data Vendor BP / XK01 LIFNR EKORG LFM2 Vendor Master Record: Purchasing Data Master Data Vendor BP / XK01 LIFNR EKORG LTSNR WERKS SAP S/4 HANA ACDOCA and Elements Field Data Element Short Description Check Table Domain Data Type Length Decimal Places Search Help Origin of Input Help RCLNT MANDT Client T000 MANDT CLNT 3 0 H_T000 Input help implemented with check table RLDNR FINS_LEDGER Ledger in General Ledger Accounting FINSC_LEDGER FINS_LEDGER CHAR 2 0 Input help implemented with check table RBUKRS BUKRS Company Code T001 BUKRS CHAR 4 0 C_T001 Input help implemented with check table GJAHR GJAHR Fiscal Year GJAHR NUMC 4 0 BELNR BELNR_D Accounting Document Number BELNR CHAR 10 0 DOCLN DOCLN6 Six-Character Posting Item for Ledger DOCLN6 CHAR 6 0 RYEAR GJAHR_POS General Ledger Fiscal Year GJAHR NUMC 4 0 DOCNR_LD FINS_DOCNR_LD Ledger specific Accounting Document Number BELNR CHAR 10 0 RRCTY RRCTY Record Type RRCTY CHAR 1 0 Input help with fixed values .INCLUDE ACDOC_SI_00 Universal Journal Entry: Transaction, Currencies, Units STRU 0 0 RMVCT RMVCT Transaction type T856 RMVCT CHAR 3 0 H_T856 Input help implemented with check table VORGN VORGN Transaction Type for General Ledger VORGN CHAR 4 0 VRGNG CO_VORGANG CO Business Transaction TJ01 J_VORGANG CHAR 4 0 H_TJ01 Input help implemented with check table BTTYPE FINS_BTTYPE Business Transaction Type FINSC_BTTYPE FINS_BTTYPE CHAR 4 0 Input help implemented with check table AWTYP AWTYP Reference procedure TTYP AWTYP CHAR 5 0 Input help implemented with check table AWSYS AWSYS Logical system of source document TBDLS LOGSYS CHAR 10 0 Input help implemented with check table AWORG AWORG Reference Organizational Units AWORG CHAR 10 0 AWREF AWREF Reference document number AWREF CHAR 10 0 AWITEM FINS_AWITEM Reference Document Line Item NUMC6 NUMC 6 0 AWITGRP FINS_AWITGRP Group of Reference Document Line Items NUMC6 NUMC 6 0 SUBTA FINS_SUBTA Partial Document to be balanced to zero NUMC6 NUMC 6 0 XREVERSING FINS_XREVERSING Indicator: Item is reversing another item XFELD CHAR 1 0 Input help with fixed values XREVERSED FINS_XREVERSED Indicator: Item is reversed XFELD CHAR 1 0 Input help with fixed values XTRUEREV FINS_XTRUEREV Indicator: True reversal (i.e. cancellation) XFELD CHAR 1 0 Input help with fixed values AWTYP_REV AWTYP_REV Reversal: Reference Transaction of Document to Be Reversed TTYP AWTYP CHAR 5 0 Input help implemented with check table AWORG_REV AWORG_REV Reversal: Reference Organizations of Document to Be Reversed AWORG CHAR 10 0 AWREF_REV AWREF_REV Reversal: Reference Document No. of Document to Be Reversed AWREF CHAR 10 0 SUBTA_REV FINS_SUBTA_REV Reversal: Partial Document to be balanced to zero NUMC6 NUMC 6 0 XSETTLING FINS_XSETTLING Indicator: Item is settling or transferring another item XFELD CHAR 1 0 Input help with fixed values XSETTLED FINS_XSETTLED Indicator: Line item is settled or transferred XFELD CHAR 1 0 Input help with fixed values PREC_AWTYP FINS_PREC_AWTYP Preceding Document Reference Transaction TTYP AWTYP CHAR 5 0 Input help implemented with check table PREC_AWSYS FINS_PREC_AWSYS Logical System of Preceding Reference Document TBDLS LOGSYS CHAR 10 0 Input help implemented with check table PREC_AWORG FINS_PREC_AWORG Preceding Document Reference Organizational Units AWORG CHAR 10 0 PREC_AWREF FINS_PREC_AWREF Preceding Document Reference Document Number AWREF CHAR 10 0 PREC_AWITEM FINS_PREC_AWITEM Preceding Reference Document Line Item NUMC6 NUMC 6 0 PREC_SUBTA FINS_PREC_SUBTA Preceding Partial Document to be balanced to zero NUMC6 NUMC 6 0 PREC_AWMULT FINS_PREC_AWMULT_UUID ID of multiple Preceding Document References SYSUUID RAW 16 0 XSECONDARY FINS_SECONDARY_ENTRY Secondary journal entry BOOLE CHAR 1 0 Input help with fixed values SRC_AWTYP FINS_SRC_AWTYP Source Document Reference Transaction TTYP AWTYP CHAR 5 0 Input help implemented with check table SRC_AWSYS FINS_SRC_AWSYS Logical System of Source Reference Document TBDLS LOGSYS CHAR 10 0 Input help implemented with check table SRC_AWORG FINS_SRC_AWORG Source Document Reference Organizational Units AWORG CHAR 10 0 SRC_AWREF FINS_SRC_AWREF Source Document Reference Document Number AWREF CHAR 10 0 SRC_AWITEM FINS_SRC_AWITEM Source Reference Document Line Item NUMC6 NUMC 6 0 SRC_AWSUBIT FINS_SRC_AWSUBIT Source Reference Document Sub-Item NUMC6 NUMC 6 0 XCOMMITMENT FINS_XCOMMITMENT Indicator: Commitment XFELD CHAR 1 0 Input help with fixed values OBS_REASON FINS_OBSOLETE_ITEM_REASON Reason why this item is obsolete FINS_OBSOLETE_ITEM_REASON CHAR 1 0 Input help with fixed values .INCLUDE ACDOC_SI_CURRKEYS Universal Journal Entry: Currency Keys STRU 0 0 RTCUR FINS_CURRT Balance Transaction Currency TCURC WAERS CUKY 5 0 Input help implemented with check table RWCUR FINS_CURRW Transaction Currency TCURC WAERS CUKY 5 0 Input help implemented with check table RHCUR FINS_CURRH Company Code Currency TCURC WAERS CUKY 5 0 Input help implemented with check table RKCUR FINS_CURRK Global Currency TCURC WAERS CUKY 5 0 Input help implemented with check table ROCUR FINS_CURR1 Freely Defined Currency 1 TCURC WAERS CUKY 5 0 Input help implemented with check table RVCUR FINS_CURR2 Freely Defined Currency 2 TCURC WAERS CUKY 5 0 Input help implemented with check table RBCUR FINS_CURR3 Freely Defined Currency 3 TCURC WAERS CUKY 5 0 Input help implemented with check table RCCUR FINS_CURR4 Freely Defined Currency 4 TCURC WAERS CUKY 5 0 Input help implemented with check table RDCUR FINS_CURR5 Freely Defined Currency 5 TCURC WAERS CUKY 5 0 Input help implemented with check table RECUR FINS_CURR6 Freely Defined Currency 6 TCURC WAERS CUKY 5 0 Input help implemented with check table RFCUR FINS_CURR7 Freely Defined Currency 7 TCURC WAERS CUKY 5 0 Input help implemented with check table RGCUR FINS_CURR8 Freely Defined Currency 8 TCURC WAERS CUKY 5 0 Input help implemented with check table RCO_OCUR FINS_CO_OCUR CO Object Currency TCURC WAERS CUKY 5 0 Input help implemented with check table .INCLUDE ACDOC_SI_UNIT_OF_MEASURES Universal Journal Entry: Unit of Measures STRU 0 0 RUNIT MEINS Base Unit of Measure T006 MEINS UNIT 3 0 H_T006 Input help implemented with check table RVUNIT RVUNIT Unit of Measure for Valuation Quantity T006 MEINS UNIT 3 0 H_T006 Input help implemented with check table RRUNIT RRUNIT Unit of Measure for Reference Quantity T006 MEINS UNIT 3 0 H_T006 Input help implemented with check table RIUNIT FINS_RIUNIT Unit of Measure for Inventory Quantity T006 MEINS UNIT 3 0 H_T006 Input help implemented with check table QUNIT1 FCO_QUNIT1 Additional Unit of Measure 1 T006 MEINS UNIT 3 0 H_T006 Input help implemented with check table QUNIT2 FCO_QUNIT2 Additional Unit of Measure 2 T006 MEINS UNIT 3 0 H_T006 Input help implemented with check table QUNIT3 FCO_QUNIT3 Additional Unit of Measure 3 T006 MEINS UNIT 3 0 H_T006 Input help implemented with check table CO_MEINH FCO_MEINH Unit of Measure for CO Valuation Quantity MEINS UNIT 3 0 RACCT RACCT Account Number SKB1 SAKNR CHAR 10 0 SAKO Input help implemented with check table .INCLUDE ACDOC_SI_GL_ACCAS Universal Journal Entry: G/L additional account assignments STRU 0 0 RCNTR KOSTL Cost Center CSKS KOSTL CHAR 10 0 Input help implemented with check table PRCTR PRCTR Profit Center CEPC PRCTR CHAR 10 0 Input help implemented with check table RFAREA FKBER Functional Area TFKB FKBER CHAR 16 0 Input help implemented with check table RBUSA GSBER Business Area TGSB GSBER CHAR 4 0 H_TGSB Input help implemented with check table KOKRS KOKRS Controlling Area TKA01 CACCD CHAR 4 0 CSH_TKA01 Input help implemented with check table SEGMENT FB_SEGMENT Segment for Segmental Reporting FAGL_SEGM FB_SEGMENT CHAR 10 0 Input help implemented with check table SCNTR SKOST Sender cost center CSKS KOSTL CHAR 10 0 Input help implemented with check table PPRCTR PPRCTR Partner Profit Center CEPC PRCTR CHAR 10 0 Input help implemented with check table SFAREA SFKBER Partner Functional Area TFKB FKBER CHAR 16 0 Input help implemented with check table SBUSA PARGB Trading partner's business area TGSB GSBER CHAR 4 0 H_TGSB Input help implemented with check table RASSC RASSC Company ID of Trading Partner T880 RCOMP CHAR 6 0 CSHDP_T880 Input help implemented with check table PSEGMENT FB_PSEGMENT Partner Segment for Segmental Reporting FAGL_SEGM FB_SEGMENT CHAR 10 0 Input help implemented with check table .INCLUDE ACDOC_SI_VALUE_DATA Universal Journal Entry: Value Fields STRU 0 0 .INCLUDE ACDOC_SI_VALUE_DATA_FLOW Universal Journal Entry: Non-cumulative Value Fields STRU 0 0 TSL FINS_VTCUR12 Amount in Balance Transaction Currency WERTV12 CURR 23 2 WSL FINS_VWCUR12 Amount in Transaction Currency WERTV12 CURR 23 2 WSL2 FINS_VWCUR12_2 Group Valuation Amount in Transaction Currency WERTV12 CURR 23 2 WSL3 FINS_VWCUR12_3 Profit-Center Valuation Amount in Transaction Currency WERTV12 CURR 23 2 HSL FINS_VHCUR12 Amount in Company Code Currency WERTV12 CURR 23 2 KSL FINS_VKCUR12 Amount in Global Currency WERTV12 CURR 23 2 OSL FINS_VOCUR12 Amount in Freely Defined Currency 1 WERTV12 CURR 23 2 VSL FINS_VVCUR12 Amount in Freely Defined Currency 2 WERTV12 CURR 23 2 BSL FINS_VBCUR12 Amount in Freely Defined Currency 3 WERTV12 CURR 23 2 CSL FINS_VCCUR12 Amount in Freely Defined Currency 4 WERTV12 CURR 23 2 DSL FINS_VDCUR12 Amount in Freely Defined Currency 5 WERTV12 CURR 23 2 ESL FINS_VECUR12 Amount in Freely Defined Currency 6 WERTV12 CURR 23 2 FSL FINS_VFCUR12 Amount in Freely Defined Currency 7 WERTV12 CURR 23 2 GSL FINS_VGCUR12 Amount in Freely Defined Currency 8 WERTV12 CURR 23 2 KFSL FINS_VGCUR12_FIX Fixed Amount in Global Currency WERTV12 CURR 23 2 KFSL2 FINS_VGCUR12_FIX2 Group Valuation Fixed Amount in Global Currency WERTV12 CURR 23 2 KFSL3 FINS_VGCUR12_FIX3 PrCtr Valuation Fixed Amount in Global Currency WERTV12 CURR 23 2 PSL FINS_VPCUR12 Total Price Variance in Global Currency WERTV12 CURR 23 2 PSL2 FINS_VPCUR12_2 Group Valuation Total Price Variance in Global Currency WERTV12 CURR 23 2 PSL3 FINS_VPCUR12_3 PrCtr Valuation Total Price Variance in Global Currency WERTV12 CURR 23 2 PFSL FINS_VPFCUR12 Fixed Price Variance in Global Currency WERTV12 CURR 23 2 PFSL2 FINS_VPFCUR12_2 Group Valuation Fixed Price Variance in Global Currency WERTV12 CURR 23 2 PFSL3 FINS_VPFCUR12_3 PrCtr Valuation Fixed Price Variance in Global Currency WERTV12 CURR 23 2 CO_OSL FINS_VCO_OCUR12 Amount in CO Object Currency WERTV12 CURR 23 2 HSLALT MLHSLALT Alternative Value in Local Currency WERTV12 CURR 23 2 KSLALT MLKSLALT Alternative Value in Group Currency WERTV12 CURR 23 2 OSLALT MLOSLALT Alternative Value in Freely Defined Currency 1 WERTV12 CURR 23 2 VSLALT ML4SLALT Alternative Value in Freely Defined Currency 2 WERTV12 CURR 23 2 BSLALT MLBSLALT Alternative Value in Freely Defined Currency 3 WERTV12 CURR 23 2 CSLALT MLCSLALT Alternative Value in Freely Defined Currency 4 WERTV12 CURR 23 2 DSLALT MLDSLALT Alternative Value in Freely Defined Currency 5 WERTV12 CURR 23 2 ESLALT MLESLALT Alternative Value in Freely Defined Currency 6 WERTV12 CURR 23 2 FSLALT MLFSLALT Alternative Value in Freely Defined Currency 7 WERTV12 CURR 23 2 GSLALT MLGSLALT Alternative Value in Freely Defined Currency 8 WERTV12 CURR 23 2 HSLEXT MLHSLEXT External Value in Local Currency WERTV12 CURR 23 2 KSLEXT MLKSLEXT External Value in Group Currency WERTV12 CURR 23 2 OSLEXT MLOSLEXT External Value in Freely Defined Currency 1 WERTV12 CURR 23 2 VSLEXT ML4SLEXT External Value in Freely Defined Currency 2 WERTV12 CURR 23 2 BSLEXT MLBSLEXT External Value in Freely Defined Currency 3 WERTV12 CURR 23 2 CSLEXT MLCSLEXT External Value in Freely Defined Currency 4 WERTV12 CURR 23 2 DSLEXT MLDSLEXT External Value in Freely Defined Currency 5 WERTV12 CURR 23 2 ESLEXT MLESLEXT External Value in Freely Defined Currency 6 WERTV12 CURR 23 2 FSLEXT MLFSLEXT External Value in Freely Defined Currency 7 WERTV12 CURR 23 2 GSLEXT MLGSLEXT External Value in Freely Defined Currency 8 WERTV12 CURR 23 2 HVKWRT MLHVKWRT Value at Sales Price in Local Currency WERTV12 CURR 23 2 MSL QUAN1_12 Quantity MENGV12 QUAN 23 3 MFSL QUAN1_12_FIX Fixed quantity MENGV12 QUAN 23 3 VMSL VQUAN1_12 Valuation quantity MENGV12 QUAN 23 3 VMFSL VQUAN1_12_FIX Fixed valuation quantity MENGV12 QUAN 23 3 RMSL RQUAN1_12 Reference quantity MENGV12 QUAN 23 3 QUANT1 FCO_QUAN1_L Additional Quantity 1 MENGV12 QUAN 23 3 QUANT2 FCO_QUAN2_L Additional Quantity 2 MENGV12 QUAN 23 3 QUANT3 FCO_QUAN3_L Additional Quantity 3 MENGV12 QUAN 23 3 CO_MEGBTR FCO_MEGBTR CO Valuation Quantity MENGV12 QUAN 23 3 CO_MEFBTR FCO_MEFBTR CO Valuation Quantity Fix MENGV12 QUAN 23 3 .INCLUDE ACDOC_SI_VALUE_DATA_BALANCE Universal Journal Entry: Cumulative Value Fields STRU 0 0 HSALK3 MLHSALK3 Inventory Value in Local Currency WERTV12 CURR 23 2 KSALK3 MLKSALK3 Inventory Value in Group Currency WERTV12 CURR 23 2 OSALK3 MLOSALK3 Inventory Value in Freely Defined Currency 1 WERTV12 CURR 23 2 VSALK3 ML4SALK3 Inventory Value in Freely Defined Currency 2 WERTV12 CURR 23 2 HSALKV MLHSALKV Alternative Inventory Value in Local Currency WERTV12 CURR 23 2 KSALKV MLKSALKV Alternative Inventory Value in Group Currency WERTV12 CURR 23 2 OSALKV MLOSALKV Alternative Inventory Value in Freely Defined Currency 1 WERTV12 CURR 23 2 VSALKV ML4SALKV Alternative Inventory Value in Freely Defined Currency 2 WERTV12 CURR 23 2 HPVPRS MLHPVPRS Moving Average Price in Local Currency WERTV12 CURR 23 2 KPVPRS MLKPVPRS Moving Average Price in Group Currency WERTV12 CURR 23 2 OPVPRS MLOPVPRS Moving Average Price in Another Currency WERTV12 CURR 23 2 VPVPRS ML4PVPRS Moving Average Price in Fourth Currency WERTV12 CURR 23 2 HSTPRS MLHSTPRS Standard Price in Local Currency WERTV12 CURR 23 2 KSTPRS MLKSTPRS Standard Price in Group Currency WERTV12 CURR 23 2 OSTPRS MLOSTPRS Standard Price in Another Currency WERTV12 CURR 23 2 VSTPRS ML4STPRS Standard Price in Fourth Currency WERTV12 CURR 23 2 HVKSAL MLHVKSAL Inventory Value at Sales Price in Local Currency WERTV12 CURR 23 2 LBKUM MLLBKUM Inventory Quantity MENGV12 QUAN 23 3 .INCLUDE ACDOC_SI_FIX Universal Journal Entry: Mandatory fields for G/L STRU 0 0 DRCRK SHKZG Debit/Credit Indicator SHKZG CHAR 1 0 Input help with fixed values POPER POPER Posting Period POPER NUMC 3 0 PERIV PERIV Fiscal Year Variant T009 PERIV CHAR 2 0 Input help implemented with check table FISCYEARPER JAHRPER Period/Year JAHRPER NUMC 7 0 BUDAT BUDAT Posting Date in the Document DATUM DATS 8 0 Input help based on data type BLDAT BLDAT Document Date in Document DATUM DATS 8 0 Input help based on data type BLART BLART Document Type T003 BLART CHAR 2 0 CSH_T003 Input help implemented with check table BUZEI BUZEI Number of Line Item Within Accounting Document BUZEI NUMC 3 0 ZUONR DZUONR Assignment number ZUONR CHAR 18 0 BSCHL BSCHL Posting Key TBSL BSCHL CHAR 2 0 H_TBSL Input help implemented with check table BSTAT BSTAT_D Document Status BSTAT CHAR 1 0 Input help with fixed values LINETYPE LINETYPE Item Category T8G02 LINETYPE CHAR 5 0 Input help implemented with check table KTOSL KTOSL Transaction Key CHAR3 CHAR 3 0 SLALITTYPE SLALITTYPE Subledger-Specific Line Item Type FINSTS_SLALITTY SLALITTYPE NUMC 5 0 Input help implemented with check table XSPLITMOD XSPLITMOD Item Changed by Document Splitting XFELD CHAR 1 0 Input help with fixed values USNAM USNAM User Name XUBNAME CHAR 12 0 TIMESTAMP TIMESTAMP UTC Time Stamp in Short Form (YYYYMMDDhhmmss) TZNTSTMPS DEC 15 0 EPRCTR EPRCTR Partner profit center for elimination of internal business CEPC PRCTR CHAR 10 0 Input help implemented with check table RHOART HOART Type of origin object (EC-PCA) HOART NUMC 2 0 Input help with fixed values GLACCOUNT_TYPE GLACCOUNT_TYPE Type of a General Ledger Account GLACCOUNT_TYPE CHAR 1 0 Input help with fixed values KTOPL KTOPL Chart of Accounts T004 KTOPL CHAR 4 0 H_T004 Input help implemented with check table LOKKT ALTKT_SKB1 Alternative Account Number in Company Code SKA1 SAKNR CHAR 10 0 SAKO Input help implemented with check table KTOP2 KTOP2 Chart of Accounts According to Country Legislation T004 KTOPL CHAR 4 0 H_T004 Input help implemented with check table .INCLUDE ACDOC_SI_GEN Universal Journal Entry: Fields for several subledgers STRU 0 0 REBZG REBZG Document No. of the Invoice to Which the Transaction Belongs BELNR CHAR 10 0 REBZJ REBZJ Fiscal Year of the Relevant Invoice (for Credit Memo) GJAHR NUMC 4 0 REBZZ REBZZ Line Item in the Relevant Invoice BUZEI NUMC 3 0 REBZT REBZT Follow-On Document Type REBZT CHAR 1 0 RBEST CO_RBEST Category of Reference Purchase Order BELEGTYP NUMC 3 0 Input help with fixed values EBELN EBELN Purchasing Document Number EKKO EBELN CHAR 10 0 Input help implemented with check table EBELP EBELP Item Number of Purchasing Document EKPO EBELP NUMC 5 0 Input help implemented with check table ZEKKN DZEKKN Sequential Number of Account Assignment NUM02 NUMC 2 0 SGTXT SGTXT Item Text TEXT50 CHAR 50 0 KDAUF KDAUF Sales Order Number VBELN CHAR 10 0 COBL_EX_VMVA Explicit search help interface to field KDPOS KDPOS Item number in Sales Order NUM06 NUMC 6 0 COBL_EX_VMPC2 Explicit search help interface to field MATNR MATNR Material Number MARA MATNR CHAR 40 0 MAT1 Input help implemented with check table WERKS WERKS_D Plant T001W WERKS CHAR 4 0 H_T001W Input help implemented with check table LIFNR LIFNR Account Number of Supplier LFA1 LIFNR CHAR 10 0 KRED Input help implemented with check table KUNNR KUNNR Customer Number KNA1 KUNNR CHAR 10 0 DEBI Input help implemented with check table FBUDA FBUDA Date on which services are rendered DATUM DATS 8 0 Input help based on data type Reference Transaction Object Type Name Structure Remote Function /OPT/ Accounting document ABR FS-RI Sett. Document ACE Accrual Engine ACEPS_AWKY ACEPS_DOCUMENT_SENDER ACES4 Accrual Engine BKPF_AWOBJ FI_DOCUMENT_SENDER AFRU Reporting document COBK_AWOBJ AC_DOCUMENT_AFRU_DISPLAY AIBU Assts und.const.set. BKPF_AWOBJ AMFI_SHOW_AM_DOCUMENT AMBU Asset Transaction BKPF_AWOBJ AMFI_SHOW_AM_DOCUMENT AMDP Depreciation posting BKPF_AWOBJ AC_DOCUMENT_RECORD ANLA Asset Transaction AS91 FIAA old assets data AUAK Settlement document K_SETTLEMENT_DOC_DISPLAY AXBTA Bus. Travel Account BCAEB Acc.Mgt Single Doc. BCASU Acc.Mgt Totals Doc. BEBD RE Billing Document AC_DOCUMENT_SENDER_BEBD BERD Settlement document AC_DOCUMENT_SENDER_CRM_REBATES BERE Transaction Data AC_DOCUMENT_SENDER_CRM_REBATES BKKEB BCA individual doc. BKK_DOCUMENT_SENDER_SU BKKPR Pmnt order from BCA BKK_AWOBPR BKKSU BCA totals document BKK_DOCUMENT_SENDER_SU BKPF Accounting document BKPF_AWOBJ FI_DOCUMENT_SENDER BKPFE Acctg doc.ECS BKPF_AWOBJ GLE_ECS_ITEM_SENDER BKPFF Actg doc.direct inpt BKPF_AWOBJ FI_DOCUMENT_SENDER BKPFI Acctg doc.f.initial. BKPF_AWOBJ ISH_ERP_FI_SD_VBRK_DISPLAY BKPFM Substitute Document BKPF_AWOBJ X FDM_COLL_DOCUMENT_SENDER BKPFO Actg Doc.Direct Inpt BKPF_AWOBJ FI_DOCUMENT_SENDER BKPFR Reorg. Transfer BKPF_AWOBJ FAGL_R_DOCUMENT_SENDER BKPWF BKPF_AWOBJ FAGL_R_DOCUMENT_SENDER CACS Commission Settlemt ACCHD_AWOR CACS_TRANSFER_DISPLAY_DOC CAJO Cash journal doc. FCJ_DISPLAY_DOCUMENT_IN_CAJO CATS Document from CATS COBK_AWOBJ AC_CATS_DISPLAY_DOCUMENT CF3P CIAP CMPEV MEV_AC_DOCUMENT_SENDER COBK Controlling Document COBK_AWOBJ K_DOCUMENT_SENDER COFIS Reconcil. ledger K_RCL_DOCUMENT_SENDER COPA Profitab. Analysis COPCA Profit center doc. CRMCS Claim Subm. Posting X CRMFM Funds Posting X AC_DOCUMENT_SENDER_CRMFM CRP CRP Document DBMCD DBM Cash Desk /DBM/CD_DOCUMENT_SENDER DBMDP DBM Down Payment /DBM/DP_DOCUMENT_SENDER DBMIB DBM Int. Billing Doc /DBM/IB_DOCUMENT_SENDER DBMSO DBM Workshop Order /DBM/CO_UI_ORDER_SENDER DBMTR DBM Time Recording /DBM/TR_DOCUMENT_SENDER DBMVM DBM Vehicle Mgmt. /DBM/VM_DOCUMENT_SENDER DELI DIDPC Down Payment Chains /SAPPCE/KY /SAPPCE/DPC_AC_DOCUMENT_DISP DIPNV Constr. Prog. Report COBK_AWOBJ /SAPPCE/PNV_AC_DOCUMENT_DISP EACC Accounting Engine CON_FIN_AC_DOCUMENT_SENDER EBKPF External accounting EBKPFAWOBJ ECCS Consolidation ENTD Deposit Refund Prog. AC_DOCUMENT_SENDER_BEBD EXTX Excise Tax BKPF-AWOBJ X FI_DOCUMENT_SENDER FARA FARR_ACCR_NAVIGATION FARR Rev. Recognition FARR_ACCR_NAVIGATION FCO Failure Cost Proc. FCO_DOCUMENT_DISPLAY FCVS FDIS Cash Management FEBEP Acct statement item FEBEPAWOBJ DISPLAY_AS_LINE FERC FERC: Reporting COBK_AWOBJ FERC_DOCUMENT_SENDER FICA Contract A/R and A/P FILA Lease accounting BKPF_AWOBJ AMFI_SHOW_AM_DOCUMENT FILC Consolidation FKKCO Contract A/R and A/P FKK_AC_DOCUMENT_FICA FKKKO FI-CA Document FKK_DOCUMENT_SENDER FKKSU Contract A/R and A/P FKK_AC_DOCUMENT_FICA FMBHI FM_LEDGER_SHOW_ORIG_DOCUMENT FMBL Budgetary Ledger FMBTR FM_LEDGER_SHOW_ORIG_DOCUMENT FMCA Funds Management doc FMCCF Cmmt Carryforw. Doc. FM_CCF_DOCUMENT_DISPLAY FMCJ PS Cash journal FMCJ_DOCUMENT_SENDER FMCO Proj.Cash Mngmnt doc COBK_AWOBJ PS13_CASH_DOCUMENT_SENDER FMED BCS Entry Documents FMED_S_AW FMKU_ED_DISPLAY FMLI BCS Change Document FMLI_S_AW FMKU_LI_DISPLAY FMPSO Request document BKPF_AWOBJ FI_PSO_DOCUMENT_SENDER FMRES Earmarked funds FM_LEDGER_SHOW_ORIG_DOCUMENT FOTP One-Time Postings BKPF_AWOBJ FPL00 FPL01 FPL02 FPL03 FS-BA GL Bank Analyzer AC_DOCUMENT_SENDER_FSBA FS-PM Policy Management GLAL0 FlexGL Allocation FI_DOCUMENT_SENDER GLX Spec. purpose ledger GLYEC Year-End Closing Doc FI_DOCUMENT_SENDER GM Grants Mgm. Doc. GMBD Grants Mgm. Doc. GM_BDGT_DOCUMENT_DISPLAY GMCTR Guaran. Min.Contract HRBLK Funds Block DOCUMENT_SENDER_HRFPM HRBUD Budget Planning DOCUMENT_SENDER_HRFPM HRCOM HR funds commitment DOCUMENT_SENDER_HRFPM HRPAY HR settlement post. AC_DOCUMENT_SENDER_HRPAY HRPRE HR funds precommt DOCUMENT_SENDER_HRFPM HRRES Funds Reservation DOCUMENT_SENDER_HRFPM HRTIM Time management post COBK_AWOBJ HRTIM_AA_DOC_SHOW_REMOTE IBKPF Document from IDoc FI_DOCUMENT_SENDER IDOC External IDoc doc. ISU IS-U billing request ISUDR ISU Agg. Invoice ISU_DEREG_RECTRANSF_DISP_DOC JVA Joint Venture JVAM Joint Venture BKPF_AWOBJ KADO Reval. of Act. Pstg CKMLDUVACT_DOCUMENT_SENDER KFPK Fixed price alloc. KFPRS_AC_DOCUMENT_SENDER_KFPK KOROP FS-RI Open Items KORUM FS-RI Transfer LOANS Loans X FVD_SM_SHOW_DOC MKPF Material document MKPF_AWKEY MB_DOCUMENT_SENDER_MKPF MLCU Cumulation fin.stats CKMLAVR_DOCUMENT_SENDER MLDUV Mat. Posting Reval. CKMLDUVACT_DOCUMENT_SENDER MLHD Material ledger MLHD_AWKEY CKML_F_AC_DOCUMENT_SENDER MYDLT Delta Posting Bal.Sh MY_DELTALAUF_RESULT_GET NFSC Nota Fiscal Brazil NFWRI ITMF_DOCUMENT_SENDER_NFWRI PAYRQ Payment request PCON Contract ME_DOCUMENT_SENDER PEAC Payment Engine X AC_DOCUMENT_SENDER_PE PORD Purchase order ME_DOCUMENT_SENDER PRCHG Price change MLHD_AWKEY CKML_F_AC_DOCUMENT_SENDER PREQ Purchase requisition ME_DOCUMENT_SENDER PYMTD Payment data REACC Real Estate document RE_INTERFACE_DOCUMENT_SENDER REACI Real Estate document RE_INTERFACE_DOCUMENT_SENDER RECOM Real Estate Contract RE_INTERFACE_CONTRACT_SENDER RESV Material Reservation FM_RESV_DOCUMENT_SENDER RETAX Real est. doc. in.tx RE_INTERFACE_DOCUMENT_SENDER RMBE SRM Document RMRP Invoice receipt X MRM_AC_DOCUMENT_SENDER_RMRP SLRV Only Special Pur.Ldg SLRV_DOCUMENT_SENDER TBRR Event-Based RevRecog FINS_TRR_CLOSE_DISPLAYDOCUMENT TR-TM Treasury Management TRCA_DOCUMENT_SENDER_TRTM TRAVL Posting: Travel Exp. AC_DOCUMENT_SENDER_TRAVL UKPF Rtl revaluation doc. SP_DOCUMENT_SENDER_UKPF VBAK Sales Document AC_DOCUMENT_SENDER_VBAK VBRK Billing document AC_DOCUMENT_SENDER_VBRK VBRR Original Document SD_REV_REC_ORIGINAL_DOCUMENT VOVP VZBL Int.doc.in PS SHOW_DOCUMENT_CREATE_REVERSE WBRK Vendor Bill.Document WLF_AC_DOCUMENT_SENDER_WBRK WTYD Warranty Claim WTYD_AWKEY WTYD_DOCUMENT_SENDER XIPAC /IRM/IPG_FI_TO_IP_NAVIGATE XIPST /IRM/IPG_FI_TO_IP_NAVIGATE Business Transaction Type Text ABAK Last retirement on Group Asset ABAW New Revaluation ABGA Asset Retirement ACEA ACE Accruals Postings ACPA One Allocation Plan Assess. ACPD One Allocation Plan Distrib. AFAB Legacy data transfer: pst. val ANZA Down Payment AS91 Legacy data transfer: cum. val AUAB Retirement of Inv. Meas. AuC AUFW Revaluation AUUA AuC: Transf. Retirem. to Asset AUUS AuC: Transf. Retirem. to Other AUUZ AuC: Transf. Acquis. on Asset AUVA AuC: Part. Clearing Down Pmnt AUVZ AuC: Part. Settlement of APC AUZF AuC: Acquisition Other Receiv. AZAF Down Payment Request AZBU Down Payment Clearing AZUM Down Payment - Transfer Postg AZVA AuC: Carryforward of Down Pmnt AZVZ AuC: Carryforward of APC CFPC CF: PCA internal posting COFI Online Posting from CO COFM CO-FM Integration GLA0 GL Act. Assessment:Integrative GLD0 GL Actual Distrib: Integrative GLYC G/L Year End Closing GPDP Distribution Primary Costs GPDS Distribution Secondary Costs HRP1 HR Payroll Accounting INVZ Investment Support JVAB JVA: Retirement JVUM JVA:Transfer Retirement KAMV Manual Cost Allocation KAZI Actual Cost Center Accrual KOAE Actual Settlement (external) KOAO Actual Settlement KPPE Std cost est. (ind.purch.ordr) KPPP Standard costing (primary) KPPS Standard costing (secondary) KPPZ Standard costing (overhead) KSII Actual Price Calculation KSPA Assessment to CO-PA KTDA COPA: TOP-DOWN: Actuals KZPI Actual Overhead (periodic) KZRI Interest Calculation (actual) NACH Post-Capitalization OCAB Asset OrgAssChg: Transfer RET OCZU Asset OrgAssChg: Transfer ACQ PRC5 Profit Center Document Entry RFAD Accrual / Deferral RFBC Balance Carryforward RFBU FI Postings RFCL Manual Clearing RFCV Foreign Currency Valuation RFIC Customer Invoice / Credit Memo RFIG FI Memo Postings RFIV Vendor Invoice / Credit Memo RFPI Incoming Payment RFPO Outgoing Payment RFRA G/L Realignment RFT1 Travel Expenses RFTP Tax Payable RKIB Actual Periodic Repostings RKIL Actual Inverse Activity Alloc. RKIU Actual Overhead Assessment RKIV Actual Overhead Distribution RKL Actual Activity Allocation RKLN Revaluation at Actual Price RKLT Actual Template Allocation RKLU Activity Allocation Reposting RKLX Predistribution of Fixed Costs RKU1 Repost Costs RKU2 Repost Revenue RKU3 Repost CO Line Items RMBK Adjustment of Inventory Value RMBL Material Debit/Credit RMM1 Post Closing Material Ledger RMM2 Material Ledger Initialization RMPR Change in Material Price RMRP Incoming Invoice RMRU Confirm Order RMWA Goods Movement RMWE Goods Receipt for Purch. Order RMWF Goods Receipt for Prodn. Order RMWI Inventory Difference RMWL Goods Issue Delivery RMWQ Goods Movement for Usage Dec. SD00 Billing Document TBCS COGS Split TBRR Event Based Revenue Recognitn. UMAB Asset Transfer (retirement) UMAI Posting Outflow Internal UMZI Posting Access Internal UMZU Asset Transfer (acquisition) SAP Tables Relationship | Material Master Record Material Master Record Table Category The table category defines whether a physical table exists for the logical table description defined in the ABAP Dictionary and how the table is stored on the database. Transparent Tables (TRANSP) There is a physical table on the database for each transparent table. The names of the physical table and the logical table definition in the ABAP/4 Dictionary agree. All the business and application data is stored in transparent tables. Structure (INTTAB) No data records exist on the database for a structure. Structures are used for the interface definition between programs or between screens and programs. Append Structure (APPEND) An Append structure defines a subset of fields which belong to another table or structure but which are treated as a separate object in the correction management. Append structures are used to support modifications. Pooled table Pooled tables can be used to store control data (e.g. screen sequences, program parameters or temporary data). Several pooled tables can be combined to form a table pool. The table pool corresponds to a physical table on the database in which all the records of the allocated pooled tables are stored. Cluster table Cluster tables contain continuous text, for example documentation. Several cluster tables can be combined to form a table cluster. Several logical lines of different tables are combined to form a physical record in this table category. This permits object-by-object storage or object-by-object access. In order to combine tables in clusters, at least part of the keys must agree. Several cluster tables are stored in one corresponding table on the database. Generated view structure (VIEW) A structure is generated for a view during activation. This structure is used as the interface for the runtime environment. It is not usually displayed in the ABAP Dictionary. Internal Table Internal tables are dynamic data objects containing any number of rows with a common row type. Internal tables are particularly well suited for editing mass data in business applications. As well as the row type, the data type of an internal table is also defined by its table category and a table key. Row Type The row type can be a non-generic data type from ABAP Dictionary or global class or interface, a non-generic type in the local program, or a predefined ABAP type. Any types can be used as row types, such as elementary types, structured types, table types, and reference types. Table Category The table category defines how individual rows can be accessed: Standard tables : They are managed using a row index. New rows can either be appended to end of the table or inserted at specific positions. Individual rows are accessed using the table key or the row index. Sorted tables : They are also managed using a row index, but are sorted by the table key in ascending order. New rows can be inserted or appended only if they are sorted. The rows are accessed in the same way as in standard tables. Hashed tables : They are managed using a hash algorithm. The rows are accessed using the table key only. Index operations are not possible. Generic Table Categories Two other generic table categories exist that can be used when typing formal parameters and field symbols. Any Table : covers all table categories Index Table : only covers those where index operations are possible (namely standard tables and sorted tables) Table Key Internal tables have a primary table key and can also have secondary table keys. If the row types are structured, the table key can consist of a list of structure components. Alternatively, the pseudo component table_line can be used to specify the entire table row as a key. Another option is to specify the standard key DEFAULT KEY. This key contains all components that are not numeric and are not themselves table types. The primary table key of a standard table can also be empty. Table keys in standard keys are always non-unique, which means multiple rows in the same table can have the same key. Hashed tables, on the other hand, always have a unique key. In sorted tables, this property can be defined using the additions UNIQUE and NON-UNIQUE. Editing Internal Tables Internal tables can be edited, for example, using the statements: READ TABLE LOOP AT INSERT INTO TABLE MODIFY TABLE DELETE TABLE Example Declares an internal table itab with a structured row type Fills the table by inserting rows Reads the rows sequentially in a loop / Assigns the fifth row to a field symbol declared inline * 1 Declare an internal table * --- DATA: BEGIN OF struc, col1 TYPE i, col2 TYPE i, END OF struc, itab LIKE STANDARD TABLE OF struc. * 2 Inserting rows * --- DO 10 TIMES. struc-col1 = sy-index. struc-col2 = sy-index ** 2. INSERT struc INTO TABLE itab. ENDDO. * 3 Reads in a loop * --- LOOP AT itab INTO struc. WRITE: / struc-col1, struc-col2. ENDLOOP. READ TABLE itab INDEX 5 ASSIGNING FIELD-SYMBOL(). WRITE: / -col1, -col2. References: SAP (www.sap.com ); SAP Support (support.sap.com ); SAP Help (help.sap.com ); SAP Blog (blogs.sap.com )

Value Added Tax (VAT) is an indirect tax levied on goods and services across Europe and worldwide. The European Union (EU) has mandated VAT tax for all its member states, which are required to implement and enforce it in accordance with the EU VAT code. European Union European Union Overview EU Taxation | VAT Setting up a European Company EU Countries European Union Overview The EU is characterised by its cultural and linguistic diversity, which EU citizens can move freely between member states to live, work, study or retire in another country. As a political entity, the European Union has two original core objectives, development of a common market, subsequently becoming a single market, and a customs union between its member states. EU Capital: Brussels in Belgium (Considered Capital) EU Flag: It consists of a circle of 12 golden stars on a blue background EU Languages: 24 official languages. 3 main languages (English, French and German) EU Financial Reporting: IFRS (Under EU rules, listed companies must prepare their consolidated financial statements in accordance with IFRS) EU Major Institutions: Brussels, Belgium: Commission, European Council, Council of the EU, Parliament Frankfurt, Germany: European Central Bank Luxembourg City, Luxemburg: Court of Auditors, Court of Justice, Council of the EU, Secretariat of the Parliament, Commission Strasbourg, France: Parliament (Primary) EU Taxation | VAT Value Added Tax (VAT) is an indirect tax levied on goods and services across Europe and worldwide. The European Union (EU) has mandated VAT tax for all its member states, which are required to implement and enforce it in accordance with the EU VAT code. The EU itself does not directly collect VAT tax; instead, it has established a comprehensive VAT code that regulates the collection and enforcement of VAT by each member state. This ensures consistency and fairness in VAT collection across the EU, while allowing member states some flexibility in setting their own VAT rates. In the early days of the EU, VAT was introduced at a standard rate of 10%, which gradually increased over the years. The standard rate of 10% VAT was applicable to all the EU member states when VAT was first introduced in 1967. France was the first country to implement VAT, but the standard rate of 10% was applied across all member states at that time. Currently, EU member states have different VAT rates for different types of goods and services. Warning : These rates are indicative only. Please use it as an example. Updated: 2023 Country Standard VAT Rate Intermediate Reduced Super Reduced First Reduced Second Reduced Thrid Reduced Austria 20% 13% 10% Belgium 21% 6% 12% Bulgaria 20% 9% Croatia 25% 13% 5% Cyprus 19% 9% 5% Czech Republic 21% 15% 10% Denmark 25% Estonia 20% 9% 5% Finland 24% 14% 10% France 20% 10% 5.5% 2.1% Germany 19% 7% Greece 24% 13% 6% Hungary 27% 13.5% 9% 4.8% Ireland 23% 13.5% 9% 4.8% Italy 22% 10% 5% 4% Latvia 21% 12% 5% Lithuania 21% 9% 5% Luxembourg 16% 13% 7% 3% Malta 18% 7% 5% Netherlands 21% 9% Poland 23% 8% 5% Portugal 23% 13% 6% Romania 19% 9% 5% Slovakia 20% 10% Slovenia 22% 9.5% 5% Spain 21% 10% 4% Sweden 25% 12% 6% Setting up a European Company Incorporation is the process by which a new or existing business registers as a limited company. A company is a legal entity with a separate identity from those who own or run it. The vast majority of companies are limited liability companies where the liability of the members is limited by shares or by guarantee. This is a macro level overview to understand what to consider when you want to open a business in the European Union. What are the points you need to take into account from an accounting, legal and tax point of view. There are many benefits to having a company in EU. It provides a single market with millions of consumers, and the possibility to expand and reach new markets. Key Advantages One of the largest markets in world A very stable economy Accessibility to a good financial instruments Large pool of skilled workers Simple and favourable tax regimes Keep in mind, there are many other points that need to be considered. It may be worthwhile seeking professional advice from a solicitor or accountant before deciding whether an incorporated company is the best way for you to run your business. Comparison table of some European Union Countries Country Czechia Hungary Poland Slovakia Capital City Prague Budapest Warsaw Bratislava Language Czech Hungarian Polish Slovak EU Member Since 2004 Since 2004 Since 2004 Since 2004 Schengen Member Yes Yes Yes Yes Population 11 Million 10 Million 38 Million 5.5 Million Area (KM²) 79,000 93,000 312,000 49,000 Currency CZK HUF PLN EUR Corporate Tax 19% 9% 9% ³ 21% ² Dividend Tax ¹ 15% 15% 19% 7% VAT (Standard Rate) 21% 27% 23% 20% Limited Company (LLC) S.R.O. KFT SP. Z.O.O S.R.O Incorporation Time 2-5 Days 4-5 Days 3-4 Weeks 3-4 Weeks Minimum Share Capital 1 EUR 8K EUR 1,250 EUR 5K EUR Remote Incorporation Yes Yes ⁴ Yes Yes EU VAT Number 2 Months Immediately 1-2 Months 30 Days Local Address Yes Yes Yes Yes Local Accountant Yes Yes Yes Yes 1 Dividend tax only applies to individuals who are tax residents in the given country. 2 If the company’s revenue remains below EUR 50,000, the corporate tax is 15%. 3 If the revenue exceeds EUR 2M. the corporate tax is 19%. 4 Travels may be required for company bank account opening. Warning : Take this comparison table below as an example only. The laws and taxations are dynamic and change very often. EU Countries Austria ISO Codes: AT / AUT Country Codes: +43 Capital: Vienna Official language(s): German EU member country: since 1 January 1995 Currency: EUR (Euro). Euro area member since 1 January 1999 Schengen: Schengen area member since 1 December 1997 Belgium ISO Codes: BE / BEL Country Codes: +32 Capital: Brussels Official language(s): Dutch, French and German EU member country: since 1 January 1958 Currency: EUR (Euro). Euro area member since 1 January 1999 Schengen: Schengen area member since 26 March 1995 Bulgaria ISO Codes: BG / BGR Country Codes: +359 Capital: Sofia Official language(s): Bulgarian EU member country: since 1 January 2007 Currency: BGN (Bulgarian Lev). Bulgaria has committed to adopt the euro once it fulfils the necessary conditions. Schengen: Bulgaria is currently in the process of joining the Schengen area. Croatia ISO Codes: HR / HRV Country Codes: +385 Capital: Zagreb Official language(s): Croatian EU member country: since 1 July 2013 Currency: EUR (Euro). Euro area member since 1 January 2023 Schengen: Schengen area member since 1 January 2023 Cyprus ISO Codes: CY / CYP Country Codes: +357 Capital: Nicosia Official language(s): Greek EU member country: since 1 May 2004 Currency: EUR (Euro). Euro area member since 1 January 2008 Schengen: Cyprus is currently in the process of joining the Schengen area. Czechia ISO Codes: CZ / CZE Country Codes: +420 Capital: Prague Official language(s): Czech EU member country: since 1 May 2004 Currency: CZK (Czech Koruna). Czechia is currently preparing to adopt the euro. Schengen: Schengen area member since 21 December 2007 Denmark ISO Codes: DK / DNK Country Codes: +45 Capital: Copenhagen Official language(s): Danish EU member country: since 1 January 1973 Currency: DKK (Danish Krone). Denmark has negotiated an opt-out from the euro and thus is not obliged to introduce it. Schengen: Schengen area member since 25 March 2001 Estonia ISO Codes: EE / EST Country Codes: +372 Capital: Tallinn Official language(s): Estonian EU member country: since 1 May 2004 Currency: EUR (Euro). Euro area member since 1 January 2011 Schengen: Schengen area member since 21 December 2007 Finland ISO Codes: FI / FIN Country Codes: +358 Capital: Helsinki Official language(s): Finnish, Swedish EU member country: since 1 January 1995 Currency: EUR (Euro). Euro area member since 1 January 1999 Schengen: Schengen area member since 25 March 2001 France ISO Codes: FR / FRA Country Codes: +33 Capital: Paris Official language(s): French EU member country: since 1 January 1958 Currency: EUR (Euro). Euro area member since 1 January 1999 Schengen: Schengen area member since 26 March 1995 Germany ISO Codes: DE / DEU Country Codes: +49 Capital: Berlin Official language(s): German EU member country: since 1 January 1958 Currency: EUR (Euro). Euro area member since 1 January 1999 Schengen: Schengen area member since 26 March 1995 Greece ISO Codes: GR / GRC Country Codes: +30 Capital: Athens Official language(s): Greek EU member country: since 1 January 1981 Currency: EUR (Euro). Euro area member since 1 January 2001 Schengen: Schengen area member since 1 January 2000 Hungary ISO Codes: HU / HUN Country Codes: +36 Capital: Budapest Official language(s): Hungarian EU member country: since 1 May 2004 Currency: HUF (Hungarian Forint). Hungary is currently preparing to adopt the euro. Schengen: Schengen area member since 21 December 2007 Ireland ISO Codes: IE / IRL Country Codes: +353 Capital: Dublin Official language(s): Irish, English EU member country: since 1 January 1973 Currency: EUR (Euro). Euro area member since 1 January 1999 Schengen: Ireland has negotiated an opt-out from Schengen area. Italy ISO Codes: IT / ITA Country Codes: +39 Capital: Rome Official language(s): Italian EU member country: since 1 January 1958 Currency: EUR (Euro). Euro area member since 1 January 1999 Schengen: Schengen area member since 26 October 1997 Latvia ISO Codes: LV / LVA Country Codes: +371 Capital: Riga Official language(s): Latvian EU member country: since 1 May 2004 Currency: EUR (Euro). Euro area member since 1 January 2014 Schengen: Schengen area member since 21 December 2007 Lithuania ISO Codes: LT / LTU Country Codes: +370 Capital: Vilnius Official language(s): Lithuanian EU member country: since 1 May 2004 Currency: EUR (Euro). Euro area member since 1 January 2015 Schengen: Schengen area member since 21 December 2007 Luxembourg ISO Codes: LU / LUX Country Codes: +352 Capital: Luxembourg Official language(s): French, German EU member country: since 1 January 1958 Currency: EUR (Euro). Euro area member since 1 January 1999 Schengen: Schengen area member since 26 March 1995 Malta ISO Codes: MT / MLT Country Codes: +356 Capital: Valletta Official language(s): Maltese, English EU member country: since 1 May 2004 Currency: EUR (Euro). Euro area member since 1 January 2008 Schengen: Schengen area member since 21 December 2007 Netherlands ISO Codes: NL / NLD Country Codes: +31 Capital: Amsterdam Official language(s): Dutch EU member country: since 1 January 1958 Currency: EUR (Euro). Euro area member since 1 January 1999 Schengen: Schengen area member since 26 March 1995 Poland ISO Codes: PL / POL Country Codes: +48 Capital: Warsaw Official language(s): Polish EU member country: since 1 May 2004 Currency: PLN (Polish Zloty). Poland is currently preparing to adopt the euro. Schengen: Schengen area member since 21 December 2007 Portugal ISO Codes: PL / POL Country Codes: +48 Capital: Lisbon Official language(s): Portuguese EU member country: since 1 January 1986 Currency: EUR (Euro). Euro area member since 1 January 1999 Schengen: Schengen area member since 26 March 1995 Romania ISO Codes: RO / ROU Country Codes: +40 Capital: Bucharest Official language(s): Romanian EU member country: since 1 January 2007 Currency: RON (Romanian Leu). Romania has committed the euro once it fulfils the necessary conditions. Schengen: Romania is currently in the process of joining the Schengen area. Slovakia ISO Codes: SK / SVK Country Codes: +421 Capital: Bratislava Official language(s): Slovak EU member country: since 1 May 2004 Currency: EUR (Euro). Euro area member since 1 January 2009 Schengen: Schengen area member since 21 December 2007 Slovenia ISO Codes: SI / SVN Country Codes: +386 Capital: Ljubljana Official language(s): Slovenian EU member country: since 1 May 2004 Currency: EUR (Euro). Euro area member since 1 January 2007 Schengen: Schengen area member since 21 December 2007 Spain ISO Codes: ES / ESP Country Codes: +34 Capital: Madrid Official language(s): Spanish EU member country: since 1 January 1986 Currency: EUR (Euro). Euro area member since 1 January 1999 Schengen: Schengen area member since 26 March 1995 Sweden ISO Codes: SE / SWE Country Codes: +46 Capital: Stockholm Official language(s): Swedish EU member country: since 1 January 1995 Currency: SEK (Swedish Krona). Sweden has committed the euro once it fulfils the necessary conditions. Schengen: Schengen area member since 25 March 2001 References: European Union (european-union.europa.eu ); Global VAT Compliance (www.globalvatcompliance.com ); Helpers Central Europe (helpers-europe.com ); HM Revenue & Customs (www.gov.uk ); Wikipedia (www.wikipedia.org); Investopedia (www.investopedia.com )