Venezuela 

Purpose

This country version is designed for use by businesses with operations in Venezuela. As well as the generic SAP system functions, it comprises functions designed for laws and business practices particular to Venezuela, and a country template to help you customize the system according to local requirements.

This documentation explains how the country-specific functions work and what Customizing settings are made by the country template. It does not cover the generic functions, which are described in the rest of the SAP Library.

Features

Country-Specific Functions

Most of the country-specific functions for Venezuela relate to Financials and Human Resources. The main areas are as follows:

·        Inflation accounting for assets, inventories, and financials

·        Financial reports (sales ledger, purchase ledger)

·        Venezuelan version of Payroll (PY), Payroll Venezuela (PY-VE)

Country Template

To allow you to customize your Venezuelan company codes more quickly, you can use the Venezuelan country template in the Country Installation Program.