The customer ’ s type of business must be printed on each issued tax invoice and on the VAT summary for input VAT and output VAT.

When master records for vendors or customers are created or accounting documents are posted to one-time-vendors or one-time-customers, then the system asks for the entry of a type of business.

To make the maintenance of the customer and vendor master records more convenient and to offer a selection of possible entries to the persons in charge of master data maintenance in your company, a list of possible entries can be created. These entries are proposed when creating/changing master records or posting accounting documents to one-time-vendors or customers. However, the type of business you enter in the customer/vendor master record can be different from any entry in this table. You can customize the type of business and type of industry by the IMG.