How to use FPARFAC0 - FI-CA: Residence Time Factoring

SAP Transaction Code - Details

• Transaction Code: FPARFAC0

  Description: FI-CA: Residence Time Factoring

  Release: S/4HANA only

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FKK_ARCH

    Package Description: FI-CA: Archiving

    Parent Package: FI-CA

  • Module/Component: FI-CA

    Description: Contract Accounts Receivable and Payable

Smart SAP Assistant

• SAP Tcode: FPARFAC0 - FI-CA: Residence Time Factoring

  
  Overview:
  FPARFAC0 is a transaction code used in the SAP system to manage residence time factoring in the FI-CA module. It is used to manage the residence time of a customer's receivables and to determine the amount of interest that is due. 
  
  Functionality: 
  The FPARFAC0 transaction code allows users to manage the residence time of customer receivables and calculate the interest due on them. It also allows users to set up and maintain residence time factoring parameters, such as the interest rate, payment terms, and payment period. 
  
  Step-by-step How to Use: 
  1. Enter the FPARFAC0 transaction code in the SAP system. 
  2. Select the “Maintain Residence Time Factoring Parameters” option. 
  3. Enter the desired parameters, such as interest rate, payment terms, and payment period. 
  4. Save your changes. 
  5. Select the “Calculate Interest” option to calculate the interest due on customer receivables. 
  6. Enter the desired parameters, such as customer number and invoice number. 
  7. Save your changes and exit the transaction code. 
  
  Other Recommendations: 
  It is recommended that users familiarize themselves with all of the options available in FPARFAC0 before using it for managing residence time factoring in FI-CA. Additionally, users should ensure that all parameters are entered correctly before saving any changes made in this transaction code.