How to use FPARZ1 - FI-CA: Payment Lot Residence Time

SAP Transaction Code - Details

• Transaction Code: FPARZ1

  Description: FI-CA: Payment Lot Residence Time

  Release: S/4HANA and ECC 6

• • 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: FPARZ1 - FI-CA: Payment Lot Residence Time

  
  Overview:
  The SAP transaction code FPARZ1 is used in the FI-CA module of the SAP system. It is used to set the residence time for payment lots in the FI-CA module. 
  
  Functionality: 
  The FPARZ1 transaction code allows users to set the residence time for payment lots in the FI-CA module. This residence time determines how long a payment lot will remain open before it is automatically closed. This helps to ensure that payment lots are not left open for too long, which can lead to errors and delays in processing payments. 
  
  Step-by-step How to Use: 
  To use the FPARZ1 transaction code, users must first log into the SAP system and navigate to the FI-CA module. Once there, they can enter the FPARZ1 transaction code into the command field and press enter. This will open up a screen where users can set the residence time for payment lots. They can then enter the desired residence time and save their changes. 
  
  Other Recommendations: 
  It is important to note that setting a residence time that is too short may lead to payment lots being closed prematurely, while setting a residence time that is too long may lead to errors and delays in processing payments. Therefore, it is important to set an appropriate residence time for payment lots in order to ensure that payments are processed efficiently and accurately.