How to use OFPK - FM budgetary ledger posting keys

SAP Transaction Code - Details

• Transaction Code: OFPK

  Description: FM budgetary ledger posting keys

  Release: S/4HANA and ECC 6

• • Program: SAPMFKM0

    Screen: 1000

    Authorization Object:

  • Development Package: FMFS_E

    Package Description: Updating/Integration Funds Management (master lang. english)

    Parent Package: FUNDS_MANAGEMENT

  • Module/Component: PSM-FM

    Description: Funds Management

Smart SAP Assistant

• SAP Tcode: OFPK - FM budgetary ledger posting keys

  
  Overview:
  The SAP transaction code OFPK is used to maintain the FM budgetary ledger posting keys. This code is used to define the posting keys for the budget ledger in Funds Management (FM). It is used to control the budgeting process and ensure that all postings are made correctly. 
  
  Functionality: 
  The OFPK transaction code allows users to define the posting keys for the budget ledger in Funds Management. This includes defining the posting keys for budgeting, commitment, and actual postings. It also allows users to define the posting rules for each posting key, such as whether a posting is allowed or not. 
  
  Step-by-step How to Use: 
  1. Enter transaction code OFPK in the command field. 
  2. Select “Create” from the menu bar. 
  3. Enter a name for the posting key and select “Create” again. 
  4. Enter a description for the posting key and select “Save”. 
  5. Select “Define Posting Rules” from the menu bar and enter the necessary information for each posting rule. 
  6. Select “Save” when finished. 
  7. Select “Activate” from the menu bar to activate the posting key. 
  
  Other Recommendations: 
  It is important to ensure that all postings are made correctly when using this transaction code, as incorrect postings can lead to incorrect budgeting results. It is also important to ensure that all necessary information is entered correctly when defining the posting rules, as this will ensure that all postings are made correctly and accurately.