How to use FEC6 - Regulatory indicator assignment

SAP Transaction Code - Details

• Transaction Code: FEC6

  Description: Regulatory indicator assignment

  Release: S/4HANA and ECC 6

• • Program: FERCVIEW

    Screen: 1000

    Authorization Object:

  • Development Package: FERC

    Package Description: IS-U/FERC: Regulatory Reporting

    Parent Package: EA-FERC

  • Module/Component: FI

    Description: Financial Accounting

Smart SAP Assistant

• SAP Tcode: FEC6 - Regulatory indicator assignment

  
  Overview:
  The SAP transaction code FEC6 is used to assign regulatory indicators to a customer or vendor. Regulatory indicators are used to identify customers and vendors for tax and legal reporting purposes. 
  
  Functionality: 
  The FEC6 transaction code allows users to assign regulatory indicators to customers and vendors in the SAP system. This is done by entering the customer or vendor number, selecting the appropriate indicator, and then saving the changes. The assigned indicators can then be used for tax and legal reporting purposes. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FEC6 in the command field. 
  2. Enter the customer or vendor number in the “Customer/Vendor” field. 
  3. Select the appropriate indicator from the drop-down list. 
  4. Click “Save” to save the changes. 
  
  Other Recommendations: 
  It is important to ensure that all regulatory indicators are correctly assigned to customers and vendors in order to ensure accurate tax and legal reporting. It is also important to regularly review and update regulatory indicators as needed in order to ensure accuracy.