FIWTRCT - Vendor specific threshold amounts

SAP Transaction Code - Details

• Transaction Code: FIWTRCT

  Description: Vendor specific threshold amounts

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: ID-FI-WT

    Package Description: Withholding Tax reporting

    Parent Package: APPL

  • Module/Component: FI-AP-AP-Q1

    Description: Withholding Tax Reporting

Smart SAP Assistant

• SAP Tcode: FIWTRCT - Vendor specific threshold amounts

  
  Overview:
  FIWTRCT is an SAP transaction code used to maintain vendor-specific threshold amounts. This transaction code is used to set up the maximum amount that can be paid to a vendor without requiring additional authorization. 
  
  Functionality: 
  FIWTRCT allows users to set up a vendor-specific threshold amount for each vendor. This threshold amount is used to determine whether additional authorization is required for payments made to the vendor. The threshold amount can be set up for each vendor in the system, allowing users to customize the authorization process for each vendor. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FIWTRCT in the SAP command field. 
  2. Select the “Vendor” tab and enter the vendor number. 
  3. Select the “Threshold Amounts” tab and enter the desired threshold amount for the vendor. 
  4. Select “Save” to save the changes. 
  
  Other Recommendations: 
  It is important to ensure that all vendors have a threshold amount set up in order to ensure that all payments are properly authorized. Additionally, it is important to regularly review and update the threshold amounts as needed in order to ensure that they remain up-to-date and accurate.