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Transaction Code: OFPT
Description: Maintain all PPA payment terms
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
Overview: The SAP transaction code OFPT is used to maintain all Payment Plan Agreement (PPA) payment terms. This transaction code is used to create, change, and display payment terms for PPA agreements. Functionality: The OFPT transaction code allows users to maintain payment terms for PPA agreements. This includes creating new payment terms, changing existing payment terms, and displaying existing payment terms. The payment terms can be set up for a specific PPA agreement or for all PPA agreements. Step-by-step How to Use: 1. Enter the transaction code OFPT in the command field. 2. Select the “Create” option to create a new payment term for a PPA agreement. 3. Enter the relevant details such as the PPA agreement number, payment term name, and payment term description. 4. Select the “Change” option to change an existing payment term for a PPA agreement. 5. Enter the relevant details such as the PPA agreement number and the payment term name. 6. Select the “Display” option to display an existing payment term for a PPA agreement. 7. Enter the relevant details such as the PPA agreement number and the payment term name. 8. Select “Save” to save any changes made to the payment term or “Cancel” to cancel any changes made to the payment term. Other Recommendations: It is recommended that users familiarize themselves with the different options available in this transaction code before using it, as it can be complex and time-consuming to use if not used correctly. Additionally, users should ensure that they have sufficient authorization before using this transaction code, as it requires certain privileges in order to be used properly.