OFCL SAP tcode for – Rules for Closing Ledger Accounts

Here we would like to draw your attention to OFCL 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). OFCL is a transaction code used for Rules for Closing Ledger Accounts in SAP.

SAP OFCL transaction code

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

Transaction OFCL technical data table

UsageRules for Closing Ledger Accounts
Sub ModulePSM-FM
Program running