How to use WLF5V - Reopen Remuneration Settlement

SAP Transaction Code - Details

• Transaction Code: WLF5V

  Description: Reopen Remuneration Settlement

  Release: S/4HANA and ECC 6

  Menu Path:

  • Logistics > Materials Management > Purchasing > Master Data > Subsequent Settlement > Vendor Rebate Arrangements > Environment > Condition/Arrangement > Condition Contract > Remuneration Settlement > Reopen
  • Logistics > Materials Management > Purchasing > Master Data > Subsequent Settlement > Customer Rebate Arrangements > Environment > Condition/Arrangement > Condition Contract > Remuneration Settlement > Reopen
  • Logistics > Settlement Management > Condition Contract Management > Remuneration Settlement > Reopen

• • Program: SAPLWLF1

    Screen: 106

    Authorization Object:

  • Development Package: WZRE

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: WLF5V - Reopen Remuneration Settlement

  
  Overview: 
  The SAP transaction code WLF5V is used to reopen a remuneration settlement. This transaction code is used to reverse the settlement of a wage type and reset the wage type to its original status. 
  
  Functionality: 
  The WLF5V transaction code allows users to reopen a remuneration settlement that has already been processed. This is useful when a mistake has been made in the settlement process or when changes need to be made to the wage type. The transaction code can be used to reset the wage type back to its original status, allowing users to make any necessary changes before resettling the wage type. 
  
  Step-by-step How to Use: 
  1. Enter the WLF5V transaction code into the SAP command field. 
  2. Select the wage type that needs to be reopened from the list of available wage types. 
  3. Enter the date on which the wage type was settled and click “Execute”. 
  4. The system will display a confirmation message that the wage type has been reopened successfully. 
  5. Make any necessary changes to the wage type and resettle it using the appropriate transaction code. 
  
  Other Recommendations: 
  It is important to note that this transaction code should only be used when absolutely necessary, as it can cause errors in payroll processing if used incorrectly or without proper authorization. Additionally, users should always double-check their work after reopening a remuneration settlement, as mistakes can easily be made in this process.