How to use OFNM - Maintain payment term for mat. group

SAP Transaction Code - Details

• Transaction Code: OFNM

  Description: Maintain payment term for mat. group

  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

Smart SAP Assistant

• SAP Tcode: OFNM - Maintain payment term for mat. group

  
  Overview: 
  The SAP transaction code OFNM is used to maintain payment terms for material groups. This transaction code allows users to define payment terms for a specific material group, which can then be used in sales orders and other documents. 
  
  Functionality: 
  The OFNM transaction code allows users to define payment terms for a specific material group. This includes setting the payment terms, such as the number of days before payment is due, the discount percentage, and any other relevant information. The payment terms can then be used in sales orders and other documents. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code OFNM in the command field. 
  2. Select the material group for which you want to define payment terms. 
  3. Enter the payment terms, such as the number of days before payment is due, the discount percentage, and any other relevant information. 
  4. Save your changes. 
  
  Other Recommendations: 
  It is important to ensure that all payment terms are correctly defined for each material group in order to ensure accurate billing and payments. Additionally, it is recommended that users regularly review their payment terms to ensure they are up-to-date and accurate.