How to use FICD - Cash deconcentration

FICD - Overview

• Transaction Code: FICD

  Description: Cash deconcentration

  Release: S/4HANA and ECC 6

• • Program: SAPMFDEC

    Screen: 200

    Authorization Object: F_FDSB_BUK

  • Development Package: FMZE

    Package Description: ISPS: Payment program for payment requests - EU-specifics

    Parent Package: FUNDS_MANAGEMENT

  • Module/Component: PSM-FM

    Description: Funds Management

FICD - Details

• SAP Tcode: FICD - Cash deconcentration

  
  Overview:
  The SAP transaction code FICD stands for Cash Deconcentration. It is used to manage the cash flow of a company by decentralizing the cash concentration process. This allows for more efficient and secure cash management. 
  
  Functionality:
  The FICD transaction code is used to manage the cash flow of a company by decentralizing the cash concentration process. This allows for more efficient and secure cash management. It also helps to reduce the risk of fraud and theft, as well as improve the accuracy of financial reporting. The FICD transaction code can be used to transfer funds from one account to another, as well as to set up payment plans and manage payments. 
  
  Step-by-Step How to Use
  1. Log into your SAP system and enter the FICD transaction code in the command field. 
  2. Select the “Cash Deconcentration” option from the menu that appears. 
  3. Enter the details of the accounts you wish to transfer funds between, including the amount and date of transfer. 
  4. Confirm your entries and submit your request for processing. 
  5. Once your request has been processed, you will receive a confirmation message with details of the transfer. 
  
  Other Recommendations:
  It is important to ensure that all entries are accurate before submitting your request for processing, as any errors may result in delays or incorrect transfers. Additionally, it is recommended that you keep a record of