How to use FO13 - Activate Settlement Unit

SAP Transaction Code - Details

• Transaction Code: FO13

  Description: Activate Settlement Unit

  Release: S/4HANA and ECC 6

• • Program: RFVIGN01

    Screen: 0

    Authorization Object: FI_ABR_BUK

  • Development Package: FVVI

    Package Description: R/3 appl.dev. for Financial Assets Management: Real estate

    Parent Package: APPL

  • Module/Component: RE

    Description: Real Estate Management

Smart SAP Assistant

• SAP Tcode: FO13 - Activate Settlement Unit

  
  Overview:
  The SAP transaction code FO13 is used to activate a settlement unit in the system. This transaction code is used to set up a settlement unit for a particular company code. It is used to define the settlement rules for the company code and to assign the settlement unit to the company code. 
  
  Functionality: 
  The FO13 transaction code allows users to activate a settlement unit in the system. This transaction code is used to set up a settlement unit for a particular company code. It is used to define the settlement rules for the company code and to assign the settlement unit to the company code. The settlement unit can be used for various activities such as payment processing, invoicing, and other financial activities. 
  
  Step-by-step How to Use: 
  1. Enter transaction code FO13 in the command field. 
  2. Enter the company code for which you want to activate the settlement unit. 
  3. Enter the name of the settlement unit you want to activate. 
  4. Enter the description of the settlement unit you want to activate. 
  5. Enter the currency of the settlement unit you want to activate. 
  6. Enter any additional information about the settlement unit you want to activate (optional). 
  7. Click “Activate” button to activate the settlement unit in the system. 
  8. Click “Save” button to save your changes and exit from transaction code FO13. 
  
  Other Recommendations: 
  It is recommended that users should always check if there are any existing active settlement units before activating a new one using transaction code FO13, as it may lead to duplicate entries in the system and cause errors in financial transactions. Additionally, users should always make sure that all necessary information is entered correctly before activating a new settlement unit using this transaction code, as incorrect information may lead to incorrect financial transactions and incorrect reporting of financial data in SAP system.