How to use SAFM_STATEMENT - Statement of Account

SAP Transaction Code - Details

• Transaction Code: SAFM_STATEMENT

  Description: Statement of Account

  Release: S/4HANA and ECC 6

• • Program: RPSAFM_STATEMENT

    Screen: 1000

    Authorization Object:

  • Development Package: GLO_FM_SA

    Package Description: Developments for Saudi Arabia

    Parent Package: GLO_FM

  • Module/Component: FI-LOC-FM-SA

    Description: Funds Management Saudi Arabia

Smart SAP Assistant

• SAP Tcode: SAFM_STATEMENT - Statement of Account

  
  Overview: 
  The SAP transaction code SAFM_STATEMENT is used to generate a statement of account for a customer or vendor. This statement of account provides an overview of the customer or vendor’s financial transactions with the company. 
  
  Functionality: 
  The statement of account generated by the SAFM_STATEMENT transaction code includes all open items, such as invoices, payments, and credit memos. It also includes any open items that have been cleared, such as payments that have been applied to invoices. The statement of account can be generated for a single customer or vendor, or for multiple customers or vendors at once. 
  
  Step-by-step How to Use: 
  To generate a statement of account using the SAFM_STATEMENT transaction code, follow these steps 
  1. Enter the SAFM_STATEMENT transaction code in the command field. 
  2. Select the customer or vendor for whom you want to generate the statement of account. 
  3. Select the date range for which you want to generate the statement of account. 
  4. Select any additional parameters you want to include in the statement of account, such as open items only or cleared items only. 
  5. Click “Execute” to generate the statement of account. 
  
  Other Recommendations: 
  When generating a statement of account using the SAFM_STATEMENT transaction code, it is recommended that you select a date range that is as short as possible in order to ensure accuracy and reduce processing time. Additionally, it is recommended that you review the generated statement of account carefully before sending it to the customer or vendor.