Transaction Nature Items (76B/TT)

The system uses the values in the 76B/TT UDC table to determine whether a transaction nature code applies to goods or services. You set up values in this UDC table for goods.

When you run the Generate Nota Fiscal – Brazil program (R76558B), the system uses the values in the 76B/TT UDC table to determine if a line on a sales order is for goods or services. If the transaction nature code is set up in the 76B/TT UDC table, the system processes the line as the sale of a good and does not apply ISS withholding. If the transaction nature code does not appear in the 76B/TT UDC table, the system processes the line as the sale of a service and applies ISS withholding.

The system also uses this UDC table to determine whether a transaction is in inbound or outbound transaction.