Interest calculation on open items alone

Hi all,
I want to calculate interest on open items of customers. I dodnot want to include any of the cleared items. i.e., calculation of interest on open items alone.
Could you please explain me where to do the necessary configuration.
Regards,
DSK

HI!
It's used for Customer Int Calculations.
INTEREST CALCULATIONS
Ob46          Define Interest calculation
Obaa          Prepare A/c balance interest calculation
Oba4          Define Reference Interest Rates
Ob81          Define Time Depend term
Ob83          Enter Interest values
F-52          Interest calculation
          To give Effect for floating rate of Int
          Foreign currency balances revaluation
Ob59          Define valuation methods
regards,
Rup

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FINT interest calculation on open items

Hello,
I am a noob and I hope this is an easy one... At the moment our system is doing interest calculation only on closed items through FINT transaction, but now we need to enable it to do an interest calculation on open items, too. I would kindly require to point me how to do this.
Help is greatly appreciated.
Kind regards,
Andrej Trilavov

Dear Andrej,
You have to change Your interest indicator setting:
IMG (SPRO transaction)
Prepare Interest on Arrears Calculation
AND
Prepare Item Interest Calculation
change the item selection frame settings.
I hope this helps.
mauri

Interest calculation on Open items and cleared items

Dear Experts
I am trying to do needful configuration for interest indicator on which interest can be calculated for open items and cleared items as well. But, system is calculating interest for open items properly, but not calculating interest on cleared items with same interest indicator, I am repeatedly getting error "interest calculation indicator is not compatible with this type of interest calculation"
Is it possible to use same interest indicator for open line items and cleared line items of customer?
If possible, request you share the needful config steps to do same.
points will be awarded for usful reply.
Best regards,
S. Habib Pasha.

Hello Habib,
depending on the requests you can setup a item interest calculation or a balance interest calculation "Define calculation types".
IIC: check settings (item selection, all cleared items, only items with payment, no cleared items) "Prepare item interest calculation"
I guess you have setup the item interest calculation - maybe you have mixed some entries with BAIC.
Check in "Prepare account balance interest calculation" whether you have entries with the indicator you want to use.
At least check your entries in "Define time-based Terms" If you have entries with Balance account interest calculation the system gives even an error.
Hope this is helpfull.
Best regards
Horst

Possibility to restrict interest calculation on open items only

Hello All,
How to restrict calculation to Open Items only via configuration when the system calculates interest on arrears. I have checked the options for interest on arrears and there is no option to restrict via customizing.Ofcourse, there is an option to calculate interest on open item in Item interest calculation but looks like the changes made for the item interest calculation (t056UX) will not work here for t056U(calculation on arrears).
In f.2b , It is possible to exclude the cleared documents via dynamic selections as per the SAP note provided long time back. But this is only a work around.
Any suggestions to restrict via configuration for int. on arrears for open items only?
Thanks in advance....

HI!
It's used for Customer Int Calculations.
INTEREST CALCULATIONS
Ob46          Define Interest calculation
Obaa          Prepare A/c balance interest calculation
Oba4          Define Reference Interest Rates
Ob81          Define Time Depend term
Ob83          Enter Interest values
F-52          Interest calculation
          To give Effect for floating rate of Int
          Foreign currency balances revaluation
Ob59          Define valuation methods
regards,
Rup

Interest on open items alone using F.2A

Hi all,
I need to perform interest calculation on open items alone using F.2A. Could you please let me know if it cam be done and if so please let me know the settings.
I donot want to use transaction FINT
DSK

Hello,
Yes it is possiable,
1) Prepare Int on arrears.
2) Define Ref intrest calculation.
3) Define time based Term
4) Enter the int values.
5) Int posting.
Hope it will solve your problem.
Regards
Ravi

Force cashier to calculte interest on due open items

Hi to all,
We need to force the cashiers to do the interest calculation before clearing a due open item.
Example:
Tuition 500 USD overdue by 10 days.... the interest is 1 dolar a day, if we go to FPCJ and enter the cash desk I´m able to clear this overdue tuition just by paying 500 USD. But the real payment must have been 510 USD.
How can we achieve this? Our problem is that the interest rate is daily and we cannot create an open item daily for the value of the interest for each day. Otherwise we would end with thousands of interest documents.
Can our requirement be met by using the events of the cash desk? or can it be done just by customizing?
Thank you all
Sergio

hi Steve,
The problem is not how to calculate the interest document, the problem is that the person receiving the payments in the cash desk, can clear the due open item without having calculated the interest documents.
It would be almost impossible to later charge the student for an interest that was not collected with the original due open item.
We are working in a solution using a Zprogram, which forces the cashier to firstly calculate the interest document. This means that the cashier can not access the cash desk if he has not created interest document for due open items... we are mixing this program with the event 6021. In which you can control the open items of the cash desk.
For instance if the open item is due, then you can not select it to be paid, if it does not has a interest document also selected to be paid.
We have been force to develop this solution due to the lack of options.

Interest Calculation on Open Invoices(Customers)

HI all,
MY client Needs forllowing Configuration any one can send me documentation for automatic interest calculation open invoices for AR module based on aging of the customer i.e. different ageing different percentage.
Configuraton of automatic journal entry for interest calculated.
[email protected]
regards
JK

HI!
It's used for Customer Int Calculations.
INTEREST CALCULATIONS
Ob46          Define Interest calculation
Obaa          Prepare A/c balance interest calculation
Oba4          Define Reference Interest Rates
Ob81          Define Time Depend term
Ob83          Enter Interest values
F-52          Interest calculation
          To give Effect for floating rate of Int
          Foreign currency balances revaluation
Ob59          Define valuation methods
regards,
Rup

Interest Calculation report line item wise

Hi,
We want the details of interest posted line item wise. Do we have any standard report for the same or is there any configuration for that?
Regards,
Sharmi

Hi Sharmi,
Please check the report RFINTITAP (FINTAP) regards. This is the report to access Vendors Item Interest Calculation
Regards,
Gaurav

Bank Interest Calculation on Opening and Closing Balance

Hi Experts,
I have quiry on bank interest calculation. when was run F.52, giving one months (01.04.2008 to 30.04.2008) calculation period that time system calculate interest from 01.04.2008 to 30.04.2008.
System calculate interest on Balance Carryforward amount.
But why the system do not calculate interest on Closing Banlance ?
1) We do not want the system to calculate interest on Balance Carryforward Amount.
2) And we want the System to calculate interest on 30.04.2008 (that is on closing balance).
How this can be done?
Reliable answer get huge points
Regards,
Jemes

vlauation is at plant level (MBEW table) the storage location level does not carry values (table MARD).
You may have to develope your own ZMB5B program and calculate yourself what is not stored in SAP.

Interest Calculation on only future Open items

Hi,
We are adopting the interest calculation functionality, we do not want to calculate interest on past open items, i.e, if we go-live on 15.06.08 we do not want to calculate interest on open customer items before this date. We want to calculate interest for all future open items after 15.06.08.
Does anybody has any answer for this. Can you please guide me in this.
Thanks,
Srini

Hi,
While creating reference interest indicators give the calulation from date (your required date). Then the system will calculate from date whatever you have mentioned.
Assign Points if useful
Regards
Ravindra

Customer interest calculation on both open & cleared items

Hi,
I have created a Interest Calculator Indicator Z1 for that following configuration is made.
1. Int Global Settings> Prepare Interest on Arrears Calculation-> Z1 under selection of items I have selected the open & cleared items.
2. Int Global Settings> Prepare Item Interest Calculation-> Z1 under items selection I have selected the open items & all cleared items.
But when I am running the FINT - Interest Calculation for customer selecting the Interest Indicator Z1 system is calculating only open items but in configuration I have selected both open and all cleared items. Still its considering only open items.
Kindly provide the way to resolve this problem.
Regards,
Sandeep

Thanks Chintan for immediate reply...
I have check the solution given by you but not a single cleared document is not considering in FINT. I have one case like I have posted one entry on 01.10.2010 & one same day I have reversed I need that entry should come in the same calculation. This will not effect in amount as it will get plus minus zero.
Regards,
Sandeep

Dunning (Want to add interest calculation on unpaid invoices (open items)

We have a requirement in dunning program. we would like to add interest calculation on unpaid invoices (open items) to our dunning letters. This interest should be not posted, but calculated only for information purposes. At this moment we can calculate interest only on cleared items.
anyone has any idea about this ? what possibilities are there in SAP for this requirement?
Thanks,
Naveen

Hello Vimal ,
I want to understand we have setting in Dunning FBMP and OB42. if i will set the interest in OB42 and Select the interest indicator in FBMP.! the interest will be calculated for open items and no posting will be done in customer A/c?
Will you please elobrate about the setting that will be required to do the setting as per the requirement.
Thanks,
Naveen
Edited by: Naveen.Rana on May 26, 2011 9:22 AM

Item Interest Calculation for partially cleared items

Hi
We need to do interest calculation on Customer Line Items. The T Code we are using is FINT. We have set an interest indicator for Item Interest Calculation, with Interest Calculation based on Items Cleared with Payments. The requirement is that Interest should be calculated on even partially cleared items. Suppose a customer invoice is generated on 1.1.2009 for INR 100000 and becomes due for payment on 30.1.2009. Now on 10.2.2009, a partial payment is recieved against this invoice for INR 30000. System should calculate interest on INR 30000 for 11 days. Now again on 20.2.2009, remaining payment of INR 70000 is recieved. In such a case, interest should be calculated on INR 70000 for 21 days @ 1.25% PM. In the current configuration, when we define that system should calculate interest on Open Items cleared with payments, system calculates interest on INR 100000 for 1.25% for 21 days. Pls suggest.
Regards
Sanil Bhandari

Hi u can check all below steps with specific fields i thought it is working perfectly check it.
1. Define Interest Calculation Types
here u can enter int rate type as a "S" Balance interest calculation
2. Prepare Account Balance Interest Calculation
here u can enter int calculation frequency means monthly or quarterly etc. calander type G, select balance plu int check box
3. Define Reference Interest Rates
Here u can enter date currency
4. Define Time-Dependent Terms
here u can enter currency effective from date sequential number term (Debit interest: balance interest calc. or Credit interest: balance interest calc.) referance int rate enter before step what u r defined that one u can enter here.
5. Enter Interest Values
here u can enter interest rate for that referance int type
6. Prepare G/L Account Balance Interest Calculation
Here u can enter ur g/l accounts
0001            Interest received (int received a/c)
0002            Interest paid      (int paid a/c)
0011            Pt vl.min.int.earned(int received a/c)
0012            Pst vl.min.int.paid(int paid a/c)
0013            Pst vl.dt.int.earned(int received a/c)
0014            Past val.dt.int.paid(int paid a/c)
0015            Calc.per.int.earned(int received a/c)
0016            Calc.period int.paid(int paid a/c)
1000            G/L account (earned)(Loan giving a/c)
2000            G/L account (paid) (Loan taking a/c)
after that u can post transaction execute ur transaction code i thought it is helpful for u
Regards,
Nauma.

Interest Calculation on Arrears

Hello, I have configured interest calculation for A/R and I am using FINT transaction to run an interest calculation by item. I have 3 problems:
1.- Even I mark "Test run" in transaction FINT, it will do the posting.
2.- Even I select only one item and select the " Process selected item" icon, it processes all items in the run, using FINT
3.- Even the "only debit" flag is selected in the configuration, when i do the run in FINT, it's bringing credits and debits.
Would somebody please tell me how to correct these 3 issues. Thank you!

HI,
Please check the configuration in transaction code OB82, wherein you have 2 different options.
1. Interest on the open items plus items that are cleared from the last interest calculation date till the time you are running the calculation now. The item can be cleared either thru a payment or credit memo or adjustments etc.
2. Similar to option 1, but the cleared items are considered only if the item is cleared against a payment. This will not consider the items cleared thru credit memo etc.
Assign points accordingly.
Thanks,
Madhav Nanduri

Interest calculation on bank loan

Hi guru,
we have taken long term loan from 10 banks.we have to calculate interest on loan from each bank.we have maintained each bank loan a/c as a vendor.As we know the procedure as given by sap for balance interest calculation will be followed here.is it correct or not.one more doubt is whether treating each loan a/c as a vendor is correct or not.
Thanks
shivaji

Hi,
Here you need Balance interest calculation.
Balance interest calculation used for bank loans. It calculate GL balance only
it will take particular period and need to configure document type SA.
Item interest calculation used for item wise calculations like vendor wise and customer wise. It depends on payment terms and in this GL accounts Select open item management.
I hope it is cleared.
Thanks & Regards,
Haribabu Bodapudi

Interest calculation on open items alone

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