How to use TX12 - Premature Settlement

SAP Transaction Code - Details

• Transaction Code: TX12

  Description: Premature Settlement

  Release: S/4HANA and ECC 6

• • Program: SAPMF77A

    Screen: 201

    Authorization Object: F_T_TRANSB

  • Development Package: FTD

    Package Description: R/3 Application development for Treasury foreign exchange

    Parent Package: FS_TRM

  • Module/Component: FIN-FSCM-TRM-TM

    Description: Transaction Manager

Smart SAP Assistant

• SAP Tcode: TX12 - Premature Settlement

  
  Overview:
  TX12 is a SAP transaction code used to settle open items in a customer account prematurely. This transaction code is used to settle open items in a customer account before the due date. It is used to reduce the amount of open items in the customer account and to reduce the amount of receivables. 
  
  Functionality:
  TX12 allows users to settle open items in a customer account prematurely. This transaction code can be used to settle open items before the due date, which can help reduce the amount of receivables and improve cash flow. It also allows users to view and edit open items in a customer account, as well as view and edit payment terms and conditions. 
  
  Step-by-step How to Use:
  1. Enter the customer number in the “Customer” field. 
  2. Select the “Open Items” tab. 
  3. Select the open item you want to settle prematurely. 
  4. Enter the amount you want to settle in the “Amount” field. 
  5. Select “Settle” from the menu bar. 
  6. Enter any additional information required for settlement in the “Additional Information” field. 
  7. Select “Save” from the menu bar to save your changes. 
  
  Other Recommendations:
  It is important to note that premature settlement of open items may have an impact on credit ratings and other financial metrics, so it is important to consider all potential impacts before settling an open item prematurely. Additionally, it is important to ensure that all payment terms and conditions are properly updated before settling an open item prematurely, as this could have an impact on future payments or settlements.