How to use JHFT - IS-M: General Receivables Charge-Off

SAP Transaction Code - Details

• Transaction Code: JHFT

  Description: IS-M: General Receivables Charge-Off

  Release: ECC 6 only

• • Program: RJHFEFAB

    Screen: 1000

    Authorization Object:

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Smart SAP Assistant

• SAP Tcode: JHFT - IS-M: General Receivables Charge-Off

  
  Overview:
  The SAP transaction code JHFT - IS-M General Receivables Charge-Off is used to write off receivables that are no longer collectible. This transaction code is used in the SAP system to record the write-off of receivables that have been deemed uncollectible. 
  
  Functionality: 
  The JHFT - IS-M General Receivables Charge-Off transaction code allows users to write off receivables that are no longer collectible. This transaction code is used to record the write-off of receivables that have been deemed uncollectible. The write-off is recorded in the general ledger and the receivable is removed from the customer's account. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code JHFT - IS-M General Receivables Charge-Off in the SAP system. 
  2. Enter the customer number and select the receivable to be written off. 
  3. Enter the amount of the receivable to be written off and select the write-off type (e.g., bad debt, uncollectible, etc.). 
  4. Enter a reason for writing off the receivable and select “Write Off” to complete the process. 
  5. The write-off will be recorded in the general ledger and the receivable will be removed from the customer’s account. 
  
  Other Recommendations: 
  It is important to note that this transaction code should only be used for receivables that are no longer collectible and should not be used for any other purpose. Additionally, it is recommended that users review all relevant documentation before writing off any receivable to ensure accuracy and compliance with company policies and procedures.