How to use OFM_ACT_MD_YEAR - Activate Year-Dependent Master Data

SAP Transaction Code - Details

• Transaction Code: OFM_ACT_MD_YEAR

  Description: Activate Year-Dependent Master Data

  Release: S/4HANA and ECC 6

• • Program: RFFMMDACT

    Screen: 1000

    Authorization Object:

  • Development Package: FMMD

    Package Description: Funds Management: Master Data

    Parent Package: FUNDS_MANAGEMENT

  • Module/Component: PSM-FM-MD

    Description: Master Data

Smart SAP Assistant

• SAP Tcode: OFM_ACT_MD_YEAR - Activate Year-Dependent Master Data

  
  Overview:
  The SAP transaction code OFM_ACT_MD_YEAR is used to activate year-dependent master data. This code is used to activate master data that is dependent on the current fiscal year. This ensures that the master data is up-to-date and accurate. 
  
  Functionality: 
  The OFM_ACT_MD_YEAR transaction code allows users to activate year-dependent master data in SAP. This includes activating customer and vendor master data, as well as other types of master data that are dependent on the current fiscal year. This ensures that the master data is up-to-date and accurate. 
  
  Step-by-Step How to Use 
  To use the OFM_ACT_MD_YEAR transaction code, follow these steps 
  1. Log into SAP and enter the transaction code OFM_ACT_MD_YEAR in the command field. 
  2. Select the type of master data you want to activate (e.g., customer or vendor). 
  3. Select the fiscal year for which you want to activate the master data. 
  4. Click “Activate” to activate the selected master data for the selected fiscal year. 
  5. Click “Save” to save your changes. 
  
  Other Recommendations: 
  It is important to note that when using the OFM_ACT_MD_YEAR transaction code, it is important to ensure that all of the necessary master data is activated for the current fiscal year. This will ensure that all of the necessary information is up-to-date and accurate. Additionally, it is recommended that users regularly check for any updates or changes in their master data, as this can help ensure accuracy and prevent any potential issues or errors.