How to use FN_CORR_MASS - Create Annual Interest Statement

SAP Transaction Code - Details

• Transaction Code: FN_CORR_MASS

  Description: Create Annual Interest Statement

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Bank Applications > Loans Management > Position Management > Periodic Processing > Mass Print Run with Correspondence Tool > Create Annual Interest Statement

• • Program: RFVD_CORR_MASS

    Screen: 1000

    Authorization Object:

  • Development Package: FVVD_CORR_PRINT

    Package Description: Loans: Central Modules for Correspondence Tool

    Parent Package: FVVD_ZBASIS

  • Module/Component: FS-CML

    Description: Loans Management

Smart SAP Assistant

• SAP Tcode: FN_CORR_MASS - Create Annual Interest Statement

  
  Overview:
  FN_CORR_MASS is a SAP transaction code used to create an annual interest statement. This statement is used to document the interest earned on a customer’s account over the course of a year. 
  
  Functionality: 
  The FN_CORR_MASS transaction code allows users to generate an annual interest statement for a customer’s account. This statement includes information such as the total amount of interest earned, the date of the statement, and the customer’s account number. The statement can be printed or emailed to the customer. 
  
  Step-by-step How to Use: 
  To use the FN_CORR_MASS transaction code, follow these steps 
  1. Log into SAP and enter the FN_CORR_MASS transaction code in the command field. 
  2. Enter the customer’s account number in the “Account Number” field. 
  3. Enter the date range for which you want to generate an interest statement in the “Date Range” field. 
  4. Click “Execute” to generate the statement. 
  5. The generated statement will appear on your screen. You can print or email it to the customer from here. 
  
  Other Recommendations: 
  It is recommended that users review all generated statements before sending them to customers, as errors may occur during generation. Additionally, users should ensure that all customer information is kept secure and confidential at all times.