FER3 - Post variance allocations

SAP Transaction Code - Details

• Transaction Code: FER3

  Description: Post variance allocations

  Release: S/4HANA and ECC 6

• • Program: FERCR030

    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: FER3 - Post variance allocations

  
  Overview:
  The SAP transaction code FER3 is used to post variance allocations. This transaction code is used to post the differences between the actual costs and the planned costs of a project. It is used to allocate the variances to the appropriate cost elements. 
  
  Functionality: 
  The FER3 transaction code allows users to post variance allocations in SAP. This includes posting the differences between the actual costs and the planned costs of a project. It also allows users to allocate the variances to the appropriate cost elements. The transaction code also allows users to view and analyze the posted variances. 
  
  Step-by-step How to Use: 
  1. Enter transaction code FER3 in the command field. 
  2. Enter the company code and fiscal year for which you want to post variance allocations. 
  3. Select the cost element for which you want to post variance allocations. 
  4. Enter the amount of variance that needs to be allocated for each cost element. 
  5. Click “Post” to post the variance allocations. 
  6. Click “Save” to save your changes. 
  7. Click “Back” to return to the main menu. 
  
  Other Recommendations: 
  It is recommended that users review their postings before saving them in order to ensure accuracy and avoid any errors or discrepancies in their postings. Additionally, users should ensure that they have sufficient authorization before attempting to use this transaction code in order to avoid any security issues or unauthorized access of data.