FMFG_ACC_CLOSEOUT SAP tcode for – Closeout of the Residual Accounts

Here we would like to draw your attention to FMFG_ACC_CLOSEOUT transaction code in SAP. As we know it is being used in the SAP PSM-FM (Funds Management in PSM) component which is coming under PSM module (Public Sector Management). FMFG_ACC_CLOSEOUT is a transaction code used for Closeout of the Residual Accounts in SAP.

SAP FMFG_ACC_CLOSEOUT transaction code

It comes under the package for US Federal Government budgetary ledger account derivation (FMFG_E). When we execute this transaction code, RFFMYRCL is the normal standard SAP program that is being executed in background. Transaction code FMFG_ACC_CLOSEOUT is included in the SAP component for EA-PS.

Transaction FMFG_ACC_CLOSEOUT technical data table

UsageCloseout of the Residual Accounts
Sub ModulePSM-FM
Program runningRFFMYRCL