OC55 - Contra items/Retained earnings

SAP Transaction Code - Details

• Transaction Code: OC55

  Description: Contra items/Retained earnings

  Release: S/4HANA and ECC 6

• • Program: RGCCHP00

    Screen: 0

    Authorization Object:

  • Development Package: FK

    Package Description: FI-LC Consolidation

    Parent Package: APPL_NU

  • Module/Component: FI-LC-LC

    Description: Basic Functions

Smart SAP Assistant

• SAP Tcode: OC55 - Contra items/Retained earnings

  
  Overview:
  SAP transaction code OC55 is used to manage contra items and retained earnings in the SAP system. It allows users to view and adjust the balance of contra items and retained earnings accounts. This transaction code is part of the Financial Accounting (FI) module. 
  
  Functionality: 
  OC55 enables users to view and adjust the balance of contra items and retained earnings accounts. It also allows users to view the details of each account, such as the account number, description, and current balance. Additionally, users can use this transaction code to transfer funds between accounts, as well as to create new accounts or delete existing ones. 
  
  Step-by-step How to Use: 
  1. Enter transaction code OC55 in the command field. 
  2. Select the account you want to view or adjust from the list of available accounts. 
  3. View or adjust the balance of the selected account as needed. 
  4. To transfer funds between accounts, select “Transfer Funds” from the menu bar. 
  5. Enter the source and target accounts, as well as the amount of funds to be transferred. 
  6. To create a new account, select “Create Account” from the menu bar. 
  7. Enter the necessary information for the new account, such as account number and description. 
  8. To delete an existing account, select “Delete Account” from the menu bar and enter the account number of the account you want to delete. 
  9. Confirm your changes by selecting “Save” from the menu bar. 
  
  Other Recommendations: 
  It is important to note that only users with appropriate authorization can use this transaction code to make changes in SAP system accounts. Additionally, it is recommended that users familiarize themselves with all available options before making any changes in order to avoid any potential errors or issues with their transactions.