How to use FOV7 - Call Lease-Out

SAP Transaction Code - Details

• Transaction Code: FOV7

  Description: Call Lease-Out

  Release: S/4HANA and ECC 6

• • Program: SAPLFV7V

    Screen: 1

    Authorization Object: FI_MIE_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: FOV7 - Call Lease-Out

  
  Overview:
  FOV7 is a transaction code used in SAP to call up the Lease-Out process. This process is used to create a lease contract for a customer, which can be used to rent out an asset or property. 
  
  Functionality: 
  The FOV7 transaction code allows users to create a lease contract for a customer. This contract will include all the necessary information such as the rental period, rental rate, and other details. The contract can then be used to rent out an asset or property. 
  
  Step-by-Step How to Use 
  To use the FOV7 transaction code, follow these steps 
  1. Log into SAP and enter the FOV7 transaction code in the command field. 
  2. Enter the customer’s information in the appropriate fields. 
  3. Enter the details of the lease contract such as the rental period, rental rate, and other details. 
  4. Save the lease contract and print it out for the customer’s records. 
  5. The asset or property can now be rented out using this lease contract. 
  
  Other Recommendations: 
  It is important to ensure that all information entered into the FOV7 transaction code is accurate and up-to-date. Additionally, it is recommended that users review all lease contracts before they are printed out for customers’ records. This will help ensure that all information is correct and that there are no errors in the contract.