1. Localizations for Brazil Implementation Guide
  2. Understanding Tax Information for Address Book Records for Brazil

Understanding Tax Information for Address Book Records for Brazil

To process business transactions accurately in Brazil, the government requires companies to maintain detailed tax information and specifications for all customers, suppliers, and tax authorities. To maintain this information, you access the Address Book Additional Information - Brazil program (P01012BR) when you add a new address book record or when you change the information for an existing record.

The system uses the value in the Person/Corporation Code field of an address book record to determine the tabs to activate on the Address Book Additional Information - Brazil form. The Person/Corporation Code field must contain one of the following hard-coded values from UDC table H00/TA:

  • 1: Individual.

  • 2: Corporate entity.

  • 3: Both an individual and a corporate entity.