How to use FP04 - Write Off

SAP Transaction Code - Details

• Transaction Code: FP04

  Description: Write Off

  Release: S/4HANA and ECC 6

• • Program: SAPLFKA1

    Screen: 100

    Authorization Object:

  • Development Package: FKK_WRITEOFF

    Package Description: FI-CA: Write-Off

    Parent Package: FI-CA

  • Module/Component: FI-CA

    Description: Contract Accounts Receivable and Payable

Smart SAP Assistant

• SAP Tcode: FP04 - Write Off

   Open Items
  
  Overview:
  The SAP transaction code FP04 is used to write off open items in the SAP system. This transaction code is used to clear open items from the customer or vendor accounts. It is used to write off open items that are no longer relevant or have been settled in some other way. 
  
  Functionality: 
  The FP04 transaction code allows users to write off open items from customer and vendor accounts. It can be used to write off open items that are no longer relevant or have been settled in some other way. The transaction code also allows users to specify the reason for writing off the open item, as well as the amount of the write-off. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FP04 in the command field. 
  2. Enter the customer or vendor account number in the Account field. 
  3. Select the open item you want to write off from the list of open items displayed. 
  4. Enter a reason for writing off the open item in the Reason field. 
  5. Enter the amount of the write-off in the Amount field. 
  6. Click on “Write Off” button to complete the process. 
  
  Other Recommendations: 
  It is important to note that when writing off an open item, it is important to ensure that all relevant information is entered correctly and accurately, as this will affect how it is reported in financial statements and other documents. Additionally, it is important to ensure that all necessary approvals are obtained before writing off an open item, as this may be required by company policy or regulations.