How to use FPF1 - Create Reconciliation Key

SAP Transaction Code - Details

• Transaction Code: FPF1

  Description: Create Reconciliation Key

  Release: S/4HANA and ECC 6

• • Program: SAPMFK00

    Screen: 100

    Authorization Object: F_KKSU

  • Development Package: FKK_GLTRANS

    Package Description: FI-CA: G/L Transfer

    Parent Package: FI-CA

  • Module/Component: FI-CA

    Description: Contract Accounts Receivable and Payable

Smart SAP Assistant

• SAP Tcode: FPF1 - Create Reconciliation Key

  
  Overview:
  The SAP transaction code FPF1 is used to create a reconciliation key in the Financial Accounting (FI) module. This key is used to reconcile accounts and ensure that all transactions are properly accounted for. 
  
  Functionality: 
  The FPF1 transaction code allows users to create a reconciliation key in the FI module. This key is used to reconcile accounts and ensure that all transactions are properly accounted for. The reconciliation key can be used to identify and correct any discrepancies between the accounts. 
  
  Step-by-Step How to Use 
  To use the FPF1 transaction code, follow these steps 
  1. Log into the SAP system and enter the transaction code FPF1. 
  2. Enter the company code and account number for which you want to create a reconciliation key. 
  3. Enter the reconciliation key name and description. 
  4. Enter the reconciliation type, such as manual or automatic. 
  5. Enter the reconciliation period, such as monthly or quarterly. 
  6. Enter the reconciliation date range, such as from/to dates or a specific date range. 
  7. Enter any additional information, such as account numbers or other details, as needed. 
  8. Save your changes and exit the transaction code. 
  
  Other Recommendations: 
  It is important to note that the FPF1 transaction code should only be used by experienced users who understand how to properly use it and how it affects other areas of the system. Additionally, it is important to ensure that all accounts are reconciled regularly in order to maintain accurate records and prevent any discrepancies from occurring in the future.