How to use OFNG - Maintain negative grace days

OFNG - Overview

• Transaction Code: OFNG

  Description: Maintain negative grace days

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FMFG_PPA_E

    Package Description: Prompt Payment Act

    Parent Package: FUNDS_MANAGEMENT

  • Module/Component: PSM-FG-PP

    Description: US Prompt Payment Act

OFNG - Details

• SAP Tcode: OFNG - Maintain negative grace days

  
  Overview:
  The SAP transaction code OFNG is used to maintain negative grace days in the system. This code allows users to set the number of days that a customer can be overdue on their payments before they are charged a penalty. This code is used to ensure that customers are not charged too much for late payments. 
  
  Functionality: 
  The OFNG transaction code allows users to set the number of negative grace days for customers. This code also allows users to view and edit existing negative grace days settings. The code also allows users to delete existing settings if needed. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code OFNG in the command field. 
  2. Select the customer whose negative grace days you want to maintain. 
  3. Enter the number of negative grace days you want to set for the customer. 
  4. Click “Save” to save your changes. 
  5. To view or edit existing settings, select the customer and click “Display” or “Change” respectively. 
  6. To delete an existing setting, select the customer and click “Delete”. 
  7. Click “Save” to save your changes and exit the transaction code. 
  
  Other Recommendations: 
  It is important to note that setting too many negative grace days can lead to customers taking advantage of the system and not paying their bills on time. Therefore, it is recommended that users set a reasonable