How to use FKKS - Contract A/R + A/P

SAP Transaction Code - Details

• Transaction Code: FKKS

  Description: Contract A/R + A/P

  Release: S/4HANA and ECC 6

• • Program: MENUFKKS

    Screen: 1000

    Authorization Object:

  • Development Package: FKKB

    Package Description: Contract A/R & A/P: Central Objects

    Parent Package: FI-CA

  • Module/Component: FI-CA

    Description: Contract Accounts Receivable and Payable

Smart SAP Assistant

• SAP Tcode: FKKS - Contract A/R + A/P

   Clearing
  
  Overview: 
  The SAP transaction code FKKS is used to clear open items in Accounts Receivable (A/R) and Accounts Payable (A/P). This code is used to reconcile the differences between the two accounts and ensure that the accounts are balanced. 
  
  Functionality: 
  The FKKS transaction code allows users to clear open items in A/R and A/P. This code can be used to reconcile differences between the two accounts, such as discrepancies in amounts or incorrect postings. It also allows users to view and manage open items in both accounts. 
  
  Step-by-step How to Use: 
  1. Enter the FKKS transaction code into the SAP system. 
  2. Select the A/R and A/P accounts that need to be reconciled. 
  3. Review the open items in both accounts and identify any discrepancies or incorrect postings. 
  4. Select the items that need to be cleared and enter the appropriate clearing amounts. 
  5. Confirm the clearing amounts and save the changes. 
  6. Review the cleared items in both accounts to ensure that they are balanced. 
  
  Other Recommendations: 
  It is recommended that users regularly review their A/R and A/P accounts for any discrepancies or incorrect postings, and use the FKKS transaction code to clear them as soon as possible. Additionally, users should ensure that they have sufficient authorization to use this code before attempting to use it.