How to use OVFD - Forms of payment guarantee

SAP Transaction Code - Details

• Transaction Code: OVFD

  Description: Forms of payment guarantee

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: VKM

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: OVFD - Forms of payment guarantee

  
  Overview:
  The SAP transaction code OVFD is used to manage forms of payment guarantee in the SAP system. It allows users to create, change, and display payment guarantee forms. This transaction code is part of the Financial Accounting (FI) module. 
  
  Functionality: 
  The OVFD transaction code enables users to manage payment guarantee forms in the SAP system. This includes creating new forms, changing existing forms, and displaying existing forms. The payment guarantee forms are used to ensure that payments are made on time and in full. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code OVFD into the command field. 
  2. Select the “Create” option to create a new payment guarantee form. 
  3. Enter the necessary information into the fields provided, such as the form name, description, and payment terms. 
  4. Select “Save” to save the form. 
  5. To change an existing form, select the “Change” option and enter the form name or number into the command field. 
  6. Make any necessary changes to the form and select “Save” to save your changes. 
  7. To display an existing form, select the “Display” option and enter the form name or number into the command field. 
  8. The form will be displayed on your screen for you to view or print out as needed. 
  
  Other Recommendations: 
  It is important to note that only users with authorization can use this transaction code in order to create, change, or display payment guarantee forms in SAP. Additionally, it is recommended that users familiarize themselves with all of the fields available when creating a new payment guarantee form in order to ensure that all necessary information is entered correctly and completely.