FFW1 - Wire Authorization

SAP Transaction Code - Details

• Transaction Code: FFW1

  Description: Wire Authorization

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Supply Chain Management > Cash and Liquidity Management > Using in US Control Program > Wire Authorization

• • Program: RFEBWR00

    Screen: 50

    Authorization Object:

  • Development Package: FTCM

    Package Description: Treasury: Cash Management (SWIFT, BAI, Fed Wire)

    Parent Package: APPL

  • Module/Component: FIN-FSCM-CLM-CM-CM

    Description: Basic Functions

Smart SAP Assistant

• SAP Tcode: FFW1 - Wire Authorization

  
  Overview:
  The SAP transaction code FFW1 is used to authorize wire transfers. It is a part of the Financial Accounting (FI) module and is used to ensure that all wire transfers are properly authorized and documented. 
  
  Functionality: 
  The FFW1 transaction code allows users to create, view, and edit wire transfer authorizations. It also allows users to view the status of a wire transfer authorization, as well as the details of the authorization. Additionally, it allows users to delete an authorization if it is no longer needed. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FFW1 in the command field. 
  2. Select the “Create” button to create a new authorization. 
  3. Enter the necessary information for the authorization, such as the bank account number, amount, and date of transfer. 
  4. Select “Save” to save the authorization. 
  5. Select “Authorize” to authorize the wire transfer. 
  6. Select “Print” to print out a copy of the authorization for your records. 
  7. Select “Back” to return to the main screen. 
  
  Other Recommendations: 
  It is important to ensure that all wire transfers are properly authorized and documented in order to avoid any potential issues or fraud. Additionally, it is recommended that users review all authorizations before authorizing them, as well as periodically review all existing authorizations for accuracy and completeness.