How to use OF03 - Transfer Cash Holdings

SAP Transaction Code - Details

• Transaction Code: OF03

  Description: Transfer Cash Holdings

  Release: S/4HANA and ECC 6

• • Program: SAPMFM00

    Screen: 400

    Authorization Object:

  • Development Package: FFCBI

    Package Description: Cash Budget Management - Integration

    Parent Package: APPL

  • Module/Component: TR-CB

    Description: Cash Budget Management

Smart SAP Assistant

• SAP Tcode: OF03 - Transfer Cash Holdings

  
  Overview:
  The SAP transaction code OF03 is used to transfer cash holdings from one account to another. This transaction code is used to move funds between accounts in the same company code or between different company codes. It can also be used to transfer funds from one bank account to another. 
  
  Functionality: 
  The OF03 transaction code allows users to transfer cash holdings from one account to another. It can be used to move funds between accounts in the same company code or between different company codes. It can also be used to transfer funds from one bank account to another. The transaction code also allows users to view the current balance of the accounts involved in the transfer and enter the amount of money that needs to be transferred. 
  
  Step-by-step How To Use 
  1. Enter the transaction code OF03 in the command field. 
  2. Select the source account from which you want to transfer funds. 
  3. Select the target account where you want to transfer funds. 
  4. Enter the amount of money that needs to be transferred. 
  5. Click on “Transfer” button to complete the transaction. 
  
  Other Recommendations: 
  It is recommended that users check the current balance of both accounts before initiating a transfer using this transaction code. This will help ensure that there are sufficient funds available in both accounts for the transfer to take place successfully. Additionally, users should always double-check that they have entered the correct amount of money for the transfer before completing it.