Defaults

Transaction Nature Code

Specify the three-character code for the transaction nature. You set up transaction nature codes in the Transaction Nature program (P7615B).

Enter the Transaction Nature code using this convention: XYY

X defines the origin of the transaction (inbound or outbound). YY defines the transaction as a whole, such as a purchase transaction. Values for X are:

1: Inbound and inside the state.

2: Inbound and in other states.

3: Inbound and import.

5: Outbound and inside the state.

6: Outbound and in other states.

7: Outbound and export.

Examples of Transaction Nature Codes:

111: In-state purchases

311: Purchase of an import

If you leave this processing option blank, the system uses 111 for the transaction nature.

Transaction Nature Suffix

Specify the suffix to the Transaction Nature code. The suffix identifies the complementary implications of a type of transaction. For example, the suffix might indicate that a certain type of transaction represents a inventory change or that a transaction is eligible for a certain type of tax. You set up Transaction Nature suffixes in the Transaction Nature program (P7615B). If you leave this processing option blank, the system uses 00 for the transaction nature suffix. Values are:

01: Bonus

02: Demo

03: Sample

04: Return merchandise

05: Back order

06: Donation

Examples of Transaction Nature Codes with suffixes:

111 02: In-state purchase, bonus

311 02: Purchase of an import, bonus