How to use TX07 - Terminate Forex Transaction

SAP Transaction Code - Details

• Transaction Code: TX07

  Description: Terminate Forex Transaction

  Release: S/4HANA only

• • Program: FTR_TTM_FX_UI_START

    Screen: 1000

    Authorization Object:

  • Development Package: FTR_TTM_FX

    Package Description: Foreign Exchange Transactions

    Parent Package: FTR_TRANSACTION_MANAGEMENT

  • Module/Component: FIN-FSCM-TRM-TM-TR

    Description: Transaction Management

Smart SAP Assistant

• SAP Tcode: TX07 - Terminate Forex Transaction

  
  Overview:
  SAP transaction code TX07 is used to terminate a foreign exchange transaction. This transaction code is used to close out a foreign exchange transaction that has been previously entered into the system. It is used to ensure that all open positions are closed and that the system is in balance. 
  
  Functionality: 
  TX07 allows users to terminate a foreign exchange transaction by entering the relevant details such as the currency, amount, and date of the transaction. The system will then calculate the gain or loss on the transaction and update the relevant accounts accordingly. The system will also generate a report which can be used for accounting purposes. 
  
  Step-by-step How to Use: 
  1. Enter the SAP transaction code TX07 into the command field. 
  2. Enter the relevant details of the foreign exchange transaction such as currency, amount, and date. 
  3. The system will then calculate the gain or loss on the transaction and update the relevant accounts accordingly. 
  4. A report will be generated which can be used for accounting purposes. 
  5. Finally, click “Save” to terminate the foreign exchange transaction. 
  
  Other Recommendations: 
  It is important to ensure that all open positions are closed before terminating a foreign exchange transaction using TX07. This will ensure that all accounts are in balance and that no further transactions can be entered into the system for this particular currency pair. Additionally, it is important to review the generated report carefully before saving it as it may contain important information regarding any gains or losses incurred on the transaction.