How to use OFMR0 - Global Settings for Earmarked Funds

SAP Transaction Code - Details

• Transaction Code: OFMR0

  Description: Global Settings for Earmarked Funds

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FMRE

    Package Description: Earmarked funds

    Parent Package: APPL

  • Module/Component: FI-FM

    Description: Funds Management

Smart SAP Assistant

• SAP Tcode: OFMR0 - Global Settings for Earmarked Funds

   Management
  
  Overview:
  The SAP transaction code OFMR0 is used to set up global settings for earmarked funds management. This includes setting up the fund type, fund category, and fund group. It also allows users to define the fund type and fund category for each fund group. 
  
  Functionality: 
  The OFMR0 transaction code allows users to set up global settings for earmarked funds management. This includes setting up the fund type, fund category, and fund group. It also allows users to define the fund type and fund category for each fund group. This helps ensure that all funds are managed in a consistent manner across the organization. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code OFMR0 in the command field of the SAP system. 
  2. Select the “Fund Type” tab and enter the desired information. 
  3. Select the “Fund Category” tab and enter the desired information. 
  4. Select the “Fund Group” tab and enter the desired information. 
  5. Select the “Fund Type/Category” tab and enter the desired information for each fund group. 
  6. Save your changes by selecting “Save” from the menu bar at the top of the screen. 
  7. Exit out of the transaction code by selecting “Exit” from the menu bar at the top of the screen. 
  
  Other Recommendations: 
  It is important to ensure that all global settings for earmarked funds management are set up correctly in order to ensure that all funds are managed in a consistent manner across the organization. It is also important to regularly review these settings to ensure that they are still valid and up-to-date with any changes that may have occurred within your organization or industry.