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Legal Changes in FACTS II (Changed) ( RELNPSM_50_FMFG_F2LEGAL )

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  
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