How to use FON4 - Execute full acct settlement: OC+HC

SAP Transaction Code - Details

• Transaction Code: FON4

  Description: Execute full acct settlement: OC+HC

  Release: S/4HANA and ECC 6

• • Program: RFVINKAS

    Screen: 1000

    Authorization Object: FI_BKA_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: FON4 - Execute full acct settlement: OC+HC

  
  Overview:
  The SAP transaction code FON4 is used to execute a full account settlement for open items and historical items. This transaction code is used to settle open items and historical items in the same run. 
  
  Functionality: 
  The FON4 transaction code is used to settle open items and historical items in the same run. It can be used to settle open items with a specific account, company code, or document type. It can also be used to settle historical items with a specific account, company code, or document type. The settlement process can be done in two ways by clearing the open items or by transferring the open items to a clearing account. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FON4 in the command field. 
  2. Select the “Execute Full Acct Settlement OC+HC” option from the menu. 
  3. Enter the selection criteria for the open and historical items you want to settle. 
  4. Select the “Execute” button to start the settlement process. 
  5. Review the results of the settlement process and make any necessary adjustments. 
  6. Select the “Save” button to save your changes. 
  
  Other Recommendations: 
  It is recommended that you use this transaction code with caution as it can have a significant impact on your financial statements if not used correctly. Additionally, it is important to ensure that all selection criteria are entered correctly before executing this transaction code as incorrect entries may lead to incorrect results.