How to use FO3C - Real estate CO settlement

SAP Transaction Code - Details

• Transaction Code: FO3C

  Description: Real estate CO settlement

  Release: S/4HANA and ECC 6

• • Program: SAPLKO71

    Screen: 1000

    Authorization Object:

  • 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: FO3C - Real estate CO settlement

  
  Overview:
  FO3C is a SAP transaction code used to settle real estate costs in the Controlling (CO) module. It is used to post the costs of real estate transactions to the general ledger. 
  
  Functionality: 
  FO3C allows users to post real estate costs to the general ledger. This includes costs such as rent, maintenance, and other related expenses. The transaction code also allows users to view and analyze the cost data for better decision making. 
  
  Step-by-step How to Use: 
  1. Enter transaction code FO3C in the command field. 
  2. Select the appropriate cost element from the list of available cost elements. 
  3. Enter the amount of the cost in the Amount field. 
  4. Select the appropriate account assignment object from the list of available objects. 
  5. Enter a description for the cost in the Description field. 
  6. Click on Post to post the cost to the general ledger. 
  7. Click on Save to save your changes. 
  
  Other Recommendations: 
  It is recommended that users review all posted costs regularly to ensure accuracy and completeness of data. Additionally, users should ensure that all cost elements are properly assigned to their respective accounts before posting them to the general ledger.