An attribute consisting of a code and a description that is used to create groups of entities or enterprise units. To create a group, a number of entities or enterprise units is linked to an intercompany trade classification. These groups can be used to define intercompany trade relationships.
A large international organization includes these enterprise units:
In Europe
- UK
- France
- Belgium
In Asia
- India
- China
- Japan
Trade classification Europe is linked to the European enterprise units and trade classification Asia is linked to the Asian enterprise units. You can set up trade relations, for example to define different trade agreements in Europe and Asia, such as:
- Asia to Europe
- Europe to Asia
- Asia to Asia
- Europe to Europe