How to use FF_1 - Standard G/L Account Interest Scale

FF_1 - Overview

• Transaction Code: FF_1

  Description: Standard G/L Account Interest Scale

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > Banks > Periodic Processing > Interest Calculation

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FF

    Package Description: Cash Management

    Parent Package: APPL

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

    Description: Basic Functions

FF_1 - Details

• SAP Tcode: FF_1 - Standard G/L Account Interest Scale

  
  Overview:
  The SAP transaction code FF_1 is used to maintain the standard G/L account interest scale. This scale is used to calculate the interest rate for a G/L account balance. The interest rate is determined by the balance amount and the scale that is set up in the system. 
  
  Functionality: 
  The FF_1 transaction code allows users to maintain the standard G/L account interest scale. This scale is used to calculate the interest rate for a G/L account balance. The interest rate is determined by the balance amount and the scale that is set up in the system. The scale can be set up with different ranges of balance amounts and corresponding interest rates. 
  
  Step-by-step How to Use: 
  To use the FF_1 transaction code, follow these steps 
  1. Log into SAP and enter transaction code FF_1 in the command field. 
  2. Select “Create” to create a new standard G/L account interest scale. 
  3. Enter a name for the new scale and select “Save”. 
  4. Enter the range of balance amounts and corresponding interest rates for each range in the table provided. 
  5. Select “Save” to save your changes and activate the new scale. 
  
  Other Recommendations: 
  It is important to note that any changes made to an existing standard G/L account interest scale will take effect immediately, so it is important to double-check all entries before saving them.