How to use FM_RC07 - Reconcile FI Paymts-> FM Line Items

FM_RC07 - Overview

• Transaction Code: FM_RC07

  Description: Reconcile FI Paymts-> FM Line Items

  Release: S/4HANA and ECC 6

• • Program: RFFMRC07

    Screen: 1000

    Authorization Object:

  • Development Package: FMFS

    Package Description: Updating Funds Management

    Parent Package: FUNDS_MANAGEMENT

  • Module/Component: PSM-FM

    Description: Funds Management

FM_RC07 - Details

• SAP Tcode: FM_RC07 - Reconcile FI Paymts-> FM Line Items

  
  Overview:
  FM_RC07 is a transaction code used in SAP to reconcile FI payments with FM line items. This transaction code is used to ensure that the payments made by the company are correctly recorded in the financial management system. It helps to ensure that all payments are accounted for and that the company’s financial records are accurate. 
  
  Functionality: 
  FM_RC07 allows users to compare the payments made by the company with the corresponding line items in the financial management system. This transaction code helps to identify any discrepancies between the two sets of data and allows users to make corrections if necessary. It also helps to ensure that all payments are accounted for and that the company’s financial records are accurate. 
  
  Step-by-step How to Use: 
  To use FM_RC07, users must first enter the payment document number into the search field. This will bring up a list of all payments made by the company for that particular document number. The user can then select a payment from this list and view its corresponding line items in the financial management system. The user can then compare these line items with the payment and identify any discrepancies between them. If any discrepancies are found, they can be corrected using this transaction code. 
  
  Other Recommendations: 
  It is recommended that users regularly use FM_RC07 to reconcile FI payments with FM line items.