How to use OVFJ - Determine payment guarantee proced.

SAP Transaction Code - Details

• Transaction Code: OVFJ

  Description: Determine payment guarantee proced.

  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: OVFJ - Determine payment guarantee proced.

  
  Overview:
  The SAP transaction code OVFJ is used to determine payment guarantee procedures. This code is used to set up payment guarantee procedures for vendors and customers. It is used to ensure that payments are made on time and that the vendor or customer is not at risk of defaulting on payments. 
  
  Functionality: 
  The OVFJ transaction code allows users to set up payment guarantee procedures for vendors and customers. This includes setting up payment terms, payment methods, and payment guarantees. The code also allows users to view and edit existing payment guarantee procedures. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code OVFJ in the command field. 
  2. Select the “Create” button to create a new payment guarantee procedure. 
  3. Enter the vendor or customer name in the “Partner” field. 
  4. Enter the payment terms in the “Payment Terms” field. 
  5. Select the “Save” button to save the payment guarantee procedure. 
  6. Select the “Display” button to view or edit an existing payment guarantee procedure. 
  7. Select the “Delete” button to delete an existing payment guarantee procedure. 
  
  Other Recommendations: 
  It is important to ensure that all payment guarantee procedures are set up correctly and accurately in order to avoid any potential issues with payments being made on time or defaulting on payments. It is also important to regularly review and update existing payment guarantee procedures as needed in order to ensure that they remain up-to-date and accurate.