Define a commodity code category set and assign commodity codes to items

Before capturing and/or reporting movement statistics using commodity codes, you must establish a category set to store commodity codes for inventory items. Once the category set has been defined, you assign the proper commodity code to items.

For INTRASTAT and EXTRASTAT reporting, you must assign an appropriate Intrastat category set to items in inventory. Once the category set has been assigned, choose from the Category Set list of values on the Movement Statistics Parameters window to assign the item a European Union-designated commodity code.

Define calendars in General Ledger

You can create a calendar and define periods for which to collect movement statistics records. The period you use to collect movement statistics records can also be your manufacturing or accounting calendar.

Define economic zones

Use the Economic Zones window to define economic zones and associate these zones with specific countries.

Define legal entity and movement statistics parameters

Use the Movement Statistics Parameters window to record information associated with any legal entity for which you are gathering and reporting movement statistics.