How to use FERS - Process actual

SAP Transaction Code - Details

• Transaction Code: FERS

  Description: Process actual

  Release: S/4HANA and ECC 6

• • Program: FERCM000

    Screen: 1000

    Authorization Object:

  • Development Package: FERC

    Package Description: IS-U/FERC: Regulatory Reporting

    Parent Package: EA-FERC

  • Module/Component: FI

    Description: Financial Accounting

Smart SAP Assistant

• SAP Tcode: FERS - Process actual

   costs
  
  Overview:
  The SAP transaction code FERS is used to process actual costs in the system. It is a part of the Funds Management module and is used to record and manage the actual costs incurred by an organization. 
  
  Functionality: 
  The FERS transaction code allows users to enter and process actual costs in the system. It also allows users to view and analyze the actual costs incurred by an organization. The transaction code also enables users to compare the actual costs with budgeted costs and identify any discrepancies. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FERS in the command field. 
  2. Select the “Actual Costs” tab. 
  3. Enter the relevant data such as cost center, cost element, and amount of cost incurred. 
  4. Click “Save” to save the data entered. 
  5. Click “Execute” to process the actual costs in the system. 
  6. Click “Display” to view and analyze the actual costs incurred by an organization. 
  7. Click “Compare” to compare the actual costs with budgeted costs and identify any discrepancies. 
  8. Click “Exit” to exit from the transaction code FERS. 
  
  Other Recommendations: 
  It is recommended that users should always double-check their entries before saving or processing them in order to avoid any errors or discrepancies in the system. Additionally, users should also ensure that they have sufficient authorization before using this transaction code in order to avoid any unauthorized access or manipulation of data in the system.