SAP Transaction FTR_CREATE: A Step-by-Step Tutorial for SAP Users

Welcome to our tutorial on SAP transaction FTR_CREATE, a powerful transaction code used in SAP for creating financial transfer requests. In this tutorial, we will guide you through the process of using FTR_CREATE to create and manage financial transfer requests in your SAP system. Whether you are a beginner SAP user or an experienced consultant looking for a refresher, this tutorial will provide you with the necessary knowledge to effectively utilize FTR_CREATE.

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Now, let’s dive into our tutorial on using SAP transaction FTR_CREATE.

What is SAP Transaction FTR_CREATE?

SAP Transaction FTR_CREATE is a transaction code used to create and manage financial transfer requests in SAP. It enables users to transfer funds between different cost centers or internal orders within an organization. FTR_CREATE allows for the efficient tracking and management of financial transfers, ensuring accurate allocation of funds and proper financial control.

Step 1: Accessing SAP Transaction FTR_CREATE

To start using FTR_CREATE, follow these steps:

1. Log in to your SAP system using your user ID and password.
2. Launch the SAP Easy Access Menu.
3. Navigate to the “Accounting” folder and expand it.
4. Locate and click on the “Financial Accounting” folder.
5. From the sub-menu, select “General Ledger”.
6. Next, choose “Document Entry” and click on “Financial Transfer Request” to proceed to the FTR_CREATE transaction.

Step 2: Understanding FTR_CREATE Transaction Screen

Once you have accessed FTR_CREATE, you will encounter the FTR_CREATE transaction screen, which consists of various fields and tabs. Let’s explore each of them:

• Header Data: This section contains the main fields for entering general information about the financial transfer request, such as document type, posting date, and document date.
• Line Items: Here, you can view and manage the line items of the financial transfer request. Each line item represents a specific financial transfer, including the amount, sender cost center, and receiver cost center.
• Document Overview: This tab provides an overview of the entire financial transfer request, including its header and line item details.
• Accounting: The accounting tab displays the accounting-related information for the financial transfer request, such as the general ledger (G/L) accounts and cost centers involved.
• Custom Fields: In this tab, you can find any additional custom fields specific to your organization’s requirements.
• Status: The status tab shows the current status of the financial transfer request, indicating whether it is saved, posted, or reversed.

Step 3: Creating a Financial Transfer Request with FTR_CREATE

To create a financial transfer request using FTR_CREATE, follow these steps:

1. Start by filling in the necessary fields in the “Header Data” section:

   • Document Type: Select the appropriate document type for the financial transfer request.
   • Posting Date: Enter the date when the financial transfer request is being recorded.
   • Document Date: Enter the date of the actual financial transfer.
   • Reference Document: If applicable, provide a reference document for the financial transfer request.

2. Move to the “Line Items” tab and enter the following details for each line item:

   • Amount: Specify the amount to be transferred.
   • Sender Cost Center: Enter the cost center from which the funds will be transferred.
   • Receiver Cost Center: Enter the cost center to which the funds will be transferred.

3. Once you have entered all the necessary information, click on the “Save” button to create the financial transfer request.

Congratulations! You have successfully created a financial transfer request using SAP transaction FTR_CREATE.

Step 4: Managing and Monitoring Financial Transfer Requests

FTR_CREATE offers various functionalities to manage and monitor your financial transfer requests. Here are some notable features:

• Display Financial Transfer Requests: Use FTR_CREATE to display existing financial transfer requests by entering the document number and other relevant criteria. This allows you to review past requests and track the movement of funds.
• Change Financial Transfer Requests: FTR_CREATE also enables you to modify existing financial transfer requests. You can edit fields such as amount, sender cost center, or receiver cost center. Simply enter the document number and make the necessary changes.
• Approve and Post Financial Transfer Requests: Once a financial transfer request is created, it may need to go through an approval process before it can be posted. FTR_CREATE allows you to manage the approval workflow and post approved requests to update the financial records.
• Reverse Financial Transfer Requests: In case of any errors or changes in financial requirements, FTR_CREATE allows you to reverse previously created financial transfer requests. This ensures accurate financial reporting and control.

Conclusion

In this tutorial, we have provided you with a comprehensive guide on using SAP transaction FTR_CREATE. We covered the basics of FTR_CREATE, explained how to create a financial transfer request, and explored additional functionalities for managing and monitoring requests. Continuous learning and practice are essential for becoming proficient in SAP.

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