How to use FNQ8 - Automatic Clearing for Overpayments

FNQ8 - Overview

• Transaction Code: FNQ8

  Description: Automatic Clearing for Overpayments

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Bank Applications > Loans Management > Accounting > Execute Postings > Mass Processing > Postprocessing > Clear Overpayments Automatically
  • Accounting > Bank Applications > Loans Management > Accounting > Receivables/Payment Management > Payment Postprocessing > Clear Overpayments Automatically

• • Program: RFVDMAU1

    Screen: 1000

    Authorization Object:

  • Development Package: FVVD

    Package Description: Treasury Loans

    Parent Package: FVVD_ZBASIS

  • Module/Component: FS-CML

    Description: Loans Management

FNQ8 - Details

• SAP Tcode: FNQ8 - Automatic Clearing for Overpayments

  
  Overview:
  SAP transaction code FNQ8 is used to automatically clear overpayments in the SAP system. This transaction code is used to process customer payments that exceed the amount due on an invoice. It allows for the automatic clearing of the overpayment amount, which can then be refunded or applied to future invoices. 
  
  Functionality:
  FNQ8 enables users to automatically clear overpayments in the SAP system. This transaction code is used to process customer payments that exceed the amount due on an invoice. It allows for the automatic clearing of the overpayment amount, which can then be refunded or applied to future invoices. 
  
  Step-by-Step How to Use
  1. Enter transaction code FNQ8 in the command field. 
  2. Enter the customer number and company code in the selection screen. 
  3. Select “Automatic Clearing” from the menu bar. 
  4. Enter the document number and select “Execute”. 
  5. The system will display a list of open items with overpayments and their respective amounts. 
  6. Select the items you want to clear and click “Clear”. 
  7. The system will display a confirmation message once the items have been cleared successfully. 
  8. Click “Back” to return to the selection screen and enter a new customer number if needed. 
  
  Other Recommendations:
  It is recommended that users check their open items regularly to ensure that all payments are being processed correctly and that any overpayments are being cleared