How to use FERA - Administration

SAP Transaction Code - Details

• Transaction Code: FERA

  Description: Administration

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    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: FERA - Administration

   of Risk Management
  
  Overview:
  The SAP transaction code FERA is used for the administration of risk management. It is a tool that helps organizations to identify, assess, and manage risks associated with their operations. This transaction code is part of the SAP Enterprise Risk Management (ERM) module. 
  
  Functionality: 
  FERA enables organizations to identify, assess, and manage risks associated with their operations. It provides a comprehensive view of the organization’s risk profile and helps to identify potential areas of risk. It also provides tools for monitoring and controlling risk, as well as reporting on risk management activities. 
  
  Step-by-step How to Use: 
  1. Log into your SAP system and enter the transaction code FERA. 
  2. Select the “Risk Management” tab from the main menu. 
  3. Select the “Risk Identification” option from the submenu. 
  4. Enter the details of the risk you want to identify and assess. 
  5. Select the “Risk Assessment” option from the submenu. 
  6. Enter the details of the risk assessment you want to perform. 
  7. Select the “Risk Management” option from the submenu. 
  8. Enter the details of the risk management activities you want to perform. 
  9. Select the “Reporting” option from the submenu to generate reports on your risk management activities. 
  
  Other Recommendations: 
  It is recommended that organizations use FERA in conjunction with other SAP ERM modules such as SAP Risk Analysis and SAP Risk Monitoring & Control in order to get a comprehensive view of their risk profile and ensure effective risk management practices are in place. Additionally, organizations should ensure that they have adequate resources in place to support their risk management activities, such as personnel with appropriate skills and knowledge in risk management processes and tools.