What is the code for sales transactions that are less than $100?

The code for sales transactions that are less than $100 is NU-25. This code is part of a standardized classification system that helps in accurately reporting and categorizing financial transactions for assessment purposes.

Understanding the importance of this coding is vital for maintaining consistent record-keeping practices. Using the appropriate code ensures that transactions are reported correctly, facilitates reviews during audits, and aids in data analysis for tax assessments. As such, it is crucial for tax assessors to be familiar with these codes to adhere to reporting standards and regulations.

In this context, the other codes do not correspond to the category defined in the question, making them unsuitable for identifying transactions of this amount. Adherence to the correct coding is essential for effective and efficient operations within tax assessment frameworks.