How to use FERV - Validate regulatory configuration

SAP Transaction Code - Details

• Transaction Code: FERV

  Description: Validate regulatory configuration

  Release: S/4HANA and ECC 6

• • Program: FERCR300

    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: FERV - Validate regulatory configuration

  
  Overview:
  The SAP transaction code FERV is used to validate the regulatory configuration of a company. This code is used to ensure that the company’s regulatory settings are up-to-date and compliant with the applicable laws and regulations. 
  
  Functionality: 
  The FERV transaction code allows companies to check their regulatory settings and make sure they are in compliance with the applicable laws and regulations. It also allows companies to make changes to their regulatory settings if needed. The FERV transaction code can be used to check the status of a company’s regulatory configuration, as well as to make changes to it. 
  
  Step-by-step How to Use: 
  1. Log into your SAP system and enter the transaction code FERV. 
  2. Select the “Validate Regulatory Configuration” option from the menu. 
  3. Enter the relevant information about your company’s regulatory configuration, such as its country, industry, and other relevant details. 
  4. Click “Validate” to check if your company’s regulatory configuration is up-to-date and compliant with the applicable laws and regulations. 
  5. If any changes need to be made, you can do so by clicking “Edit” and making the necessary changes. 
  6. Once you have made all the necessary changes, click “Save” to save your changes. 
  7. Finally, click “Validate” again to ensure that your company’s regulatory configuration is now up-to-date and compliant with the applicable laws and regulations. 
  
  Other Recommendations: 
  It is important to regularly use the FERV transaction code in order to ensure that your company’s regulatory configuration is up-to-date and compliant with the applicable laws and regulations. Additionally, it is recommended that you consult with a legal expert if you have any questions or concerns about your company’s regulatory configuration or if you need help making any changes.