How to use FZKL - Account Clearing Loans

SAP Transaction Code - Details

• Transaction Code: FZKL

  Description: Account Clearing Loans

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Bank Applications > Loans Management > Accounting > Receivables/Payment Management > Payment Postprocessing > Account Clearing

• • Program: RFVDKOGL

    Screen: 1000

    Authorization Object:

  • Development Package: FVVD_PAYMENT

    Package Description: Loans Payment Transactions

    Parent Package: FVVD_ZBASIS

  • Module/Component: FS-CML-AC-RPM

    Description: Receivables/Payment Management

Smart SAP Assistant

• SAP Tcode: FZKL - Account Clearing Loans

  
  Overview:
  The SAP transaction code FZKL is used to clear accounts receivable and accounts payable loans. It is used to reconcile the accounts of a customer or vendor with the loan amount. This transaction code is part of the Financial Accounting (FI) module. 
  
  Functionality: 
  The FZKL transaction code allows users to clear accounts receivable and accounts payable loans. It enables users to reconcile the accounts of a customer or vendor with the loan amount. This transaction code also allows users to view the details of the loan, such as the loan amount, interest rate, and repayment terms. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FZKL in the command field. 
  2. Select the “Account Clearing Loans” option from the menu. 
  3. Enter the customer or vendor account number in the “Account Number” field. 
  4. Enter the loan amount in the “Loan Amount” field. 
  5. Enter the interest rate in the “Interest Rate” field. 
  6. Enter the repayment terms in the “Repayment Terms” field. 
  7. Click on “Execute” to process the loan clearing request. 
  8. Review and confirm all details before submitting your request for processing. 
  9. Once your request has been processed, you will receive a confirmation message indicating that your loan has been cleared successfully. 
  
  Other Recommendations: 
  It is important to ensure that all details entered into this transaction code are accurate and up-to-date before submitting your request for processing. Additionally, it is recommended that users review all details before submitting their request for processing to avoid any errors or delays in processing their loan clearing request.