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Legal Changes in FACTS II (Changed) ( RELNPSM_50_FMFG_F2LEGAL )
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Short text
Legal Changes in FACTS II (Changed)
Use
As of SAP R/3 Enterprise Core Component 5.0, changes have been made to the FACTS II feature to reflect changes in US federal legislation.
OMB Circular A-11, revised in July 2003, introduced Program Reporting Category (PRC) for reporting obligations. Treasury has decided to replace the existing Category B Detail and Category B Text fields with the PRC and PRC Description in the FACTS II Bulk File.
Effects on Existing Data
Effects on Data Transfer
Effects on System Administration
Effects on Customizing
You need to set up the relationship between the PRC, the application of funds, and PRC text.
Configure Program Reporting Category
Further Information
Vendor Master (General Section) RFUMSV00 - Advance Return for Tax on Sales/Purchases
This documentation is copyright by SAP AG.
Length: 1036 Date: 20240604 Time: 003724 sap01-206 ( 13 ms )