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2. Navigate to the globalization flexfield. The Fiscal Information window appears. For instructions, see Using Globalization Flexfields.

3. Enter a fiscal classification code in the Fiscal Classification Code field for the item.

4. Enter a transaction nature, such as consumption or fixed assets, in the Transaction Nature field.

5. Enter values used by the fiscal books in the corresponding fields:

Item origin

Item fiscal type

A federal tributary situation, such as IPI exempt or taxable national product

A state tributary situation, such as ICMS exempt or ICMS taxation deferred

IPI tax name, if there is a specific tax rate for the item

Note: This field is only available in Payables and Purchasing.

6. Press the OK button.