How to use FQ1131 - Clearing Accts for Collect.Agencies

SAP Transaction Code - Details

• Transaction Code: FQ1131

  Description: Clearing Accts for Collect.Agencies

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FKKB

    Package Description: Contract A/R & A/P: Central Objects

    Parent Package: FI-CA

  • Module/Component: FI-CA

    Description: Contract Accounts Receivable and Payable

Smart SAP Assistant

• SAP Tcode: FQ1131 - Clearing Accts for Collect.Agencies

  
  Overview:
  FQ1131 is a transaction code used in SAP to clear accounts for collection agencies. It is used to manage the accounts receivable of a company and to ensure that all payments are made on time. This transaction code is used to clear the accounts of collection agencies, which are responsible for collecting payments from customers. 
  
  Functionality: 
  FQ1131 allows users to view and manage the accounts receivable of a company. It enables users to view the status of each account, including the amount due, payment terms, and payment status. Additionally, it allows users to clear accounts for collection agencies, which are responsible for collecting payments from customers. This transaction code also allows users to view and manage the accounts receivable of a company in real-time. 
  
  Step-by-step How to Use: 
  1. Log into SAP and enter the transaction code FQ1131. 
  2. Select the “Accounts Receivable” tab. 
  3. Select the “Clear Accounts” option. 
  4. Select the collection agency you wish to clear an account for. 
  5. Enter the amount due and payment terms for the account. 
  6. Select “Submit” to clear the account for the collection agency. 
  7. The account will be cleared and payment will be made on time. 
  
  Other Recommendations: 
  It is important to ensure that all accounts are cleared on time in order to maintain a good relationship with collection agencies and ensure that payments are made on time. Additionally, it is important to regularly review accounts receivable in order to ensure that all payments are up-to-date and accurate.