How to use FO61U - Create Master Settlement Unit

SAP Transaction Code - Details

• Transaction Code: FO61U

  Description: Create Master Settlement Unit

  Release: S/4HANA and ECC 6

• • Program: SAPMF61A

    Screen: 998

    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: FO61U - Create Master Settlement Unit

  
  Overview:
  The SAP transaction code FO61U is used to create a master settlement unit (MSU) in the SAP system. This MSU is used to manage the settlement of financial transactions between different business partners. The MSU is a central point of reference for all financial transactions and can be used to track payments, invoices, and other financial documents. 
  
  Functionality: 
  The FO61U transaction code allows users to create a master settlement unit in the SAP system. This MSU is used to manage the settlement of financial transactions between different business partners. The MSU is a central point of reference for all financial transactions and can be used to track payments, invoices, and other financial documents. The MSU also allows users to set up payment terms and conditions for each business partner. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FO61U in the command field. 
  2. Enter the name of the MSU you want to create in the “MSU Name” field. 
  3. Enter the description of the MSU in the “Description” field. 
  4. Enter the payment terms and conditions for each business partner in the “Payment Terms” field. 
  5. Click “Save” to save your changes and create the MSU. 
  
  Other Recommendations: 
  It is recommended that users familiarize themselves with the SAP system before attempting to use this transaction code. Additionally, users should ensure that they have all necessary information before creating an MSU, such as payment terms and conditions for each business partner.