OFY5 SAP tcode for – Closing Ops for Budget: Approval

Here we would like to draw your attention to OFY5 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). OFY5 is a transaction code used for Closing Ops for Budget: Approval in SAP.

SAP OFY5 transaction code

It comes under the package for FM: Year End Procedure (FMCF). When we execute this transaction code, is the normal standard SAP program that is being executed in background. Transaction code OFY5 is included in the SAP component for EA-PS.

Transaction OFY5 technical data table

UsageClosing Ops for Budget: Approval
Sub ModulePSM-FM-CL
Program running