Interest calculation on secured loans

Hi guys,
I have a customer invoice at 1000 rs after that i have been paid to customer for 5000 rs. The difference amount of 4000 rs (5000 - 1000 ) we have considered as a secured loan. So how can i calculated the interest on the 4000 rs only.
Please let me know the configuration steps with documentation.
Thanks
Ram

HEllo!
In the report RFINTITAR, you use the interest indicator customizing:                                                                               
IMG   > Prepare Item Interest Calculation   > Ref. Date                                                                               
(table V_T056UX)   >  field Ref.                                                                               
(FI Item Interest Calculation: Reference Date)                                                                               
You have the possibility to define what You need to be considered as 
incoming payment due date, choosing between:                                                                               
1 Value Date (or Baseline Date for Net Payment)                      
2 Document Date                                                      
3 Posting Date                                                       
4 Payment Baseline Date                                                                               
As you can use one interest indicator per customer/vendor you can use only of the dates is used. But, in this
program you can use the BADI FI_INT_CUS01. Please, check if you can meet your business requirements using the methods
of the BADI.
REgards,
REnan

Similar Messages

  • Interest calculation on security deposit H

    Hi,
    I have configured the special GL Indicator H and i received the amount against the Indicator H against the Customer. Now i want to calculate the Interest on Security deposit.
    1. it possible to calculate the interest on SD?
    2. Same customer is applicable for open item interest.
    If i am getting any answer it would be greatful for me.
    Please i am waiting for your reply Eagerly.
    Thanks
    Sriram.

    Dear Sriram,
    It is possible:-
    1.You have to create Interest Calculation Type for Customer SD Int Calculation say (R1)
    2.Go to OBAA and maintain R1 there.
    3.Go to Prepare Sp GL Transaction Interest Calculation (Maintain R1 - D - H - R1
    4.In OBAC Maintain R1and select from date
    5. Define Time dependant interest terms
    6.In OB83 define the rate of interest
    7.Go to OBV3 and maintain Account Determination for Int Posting (Select Account Symbol for Posting Key and again Assign GL code to same Account Symbol)
    8. Maintain R1 in the Customer master to whom Interest will be payable.
    Then Run Interest calculation posting T Code:-f.52
    Regards,
    Alok

  • Interest calculation on bank loan

    Hi guru,
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    Hi,
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  • Interest Calculation on Security Deposit & Refund to party

    HI, Expert
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    Dear Sriram,
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    5. Define Time dependant interest terms
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    7.Go to OBV3 and maintain Account Determination for Int Posting (Select Account Symbol for Posting Key and again Assign GL code to same Account Symbol)
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  • How to configure Interest Calculation procedure???

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    Question 1, does a FI document gets generated while finishing Batch Input?
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    Question 3, what happen next?
    I have already created & maintain GL accounts for Interest Received & for secured loans account using OBV2.
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    Hi,
    Interest calculation document will get posted once the BDC session is completed.
    Please refer the below BBP:-
    Link: [http://www.google.co.in/url?sa=t&source=web&cd=1&ved=0CBUQFjAA&url=http%3A%2F%2Fhelp.sap.com%2Fbp_bblibrary%2F500%2Fdocumentation%2FB29_BPP_15_EN_SV.doc&ei=CnJnTL6TIcTJcZjygJAF&usg=AFQjCNFg5N4O7e6IminTdUB36UAEUVGd6w&sig2=p51jIOo4o-wLI87zhmr1Mg]
    Regards,
    Gaurav

  • G/L Interest calculation  procedure

    Balance Interest calculation
    For term loan
    Pls send any one G/L Accounts Interest Calculation procedure
    Configuration
    It is very urgent

    Balance Interest Calculation: -
    It is a calculation of Interest on total balance of an  account or total balance of customer account. it is represented in "s".
    System defined variant for balance interest calculation type is u2018Su2019 and item interest calculation type is u2018Pu2019. Balance interest type calculation is used for G L Accounts. Item interest type calculation is used for vendors and customers.
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    The Nine configuration steps for calculation of balance interest calculation are
    1) Define interest calculation type (OB46)
    2) Prepare account balance interest calculation (OBAA)
    3) Define reference interest rates (OBAC)
    4) Define time dependent terms (OB81)
    5) Define or specify interest rates (OB83)
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    Step 01: Define interest calculation types (OB46)
    Path: SPRO>FInancial Accounting New>Financial Accounting Global Setting New>Business Transaction> Bank A/C interest calculation>Interest calculation global settings>Define interest calculation types
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    Make sure don't tick mark the box given and save it.
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    Path: SPRO>FInancial Accounting New>Financial Accounting Global Setting New>Business Transaction> Bank A/C interest calculation>Interest calculation global settings>Prepare account balance interest calculation
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    Give calculation indicator as defined V1
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    Calendar type : G (28-31/365)
    Give number range : 03
    Select balance plus interest.
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    Step 03: Define reference interest rate (OBAC)
    Path: SPRO>FInancial Accounting New>Financial Accounting Global Setting New>Business Transaction> Bank A/C interest calculation>Interest calculation>Define reference interest rates
    Go to new entries
    Reference interest rate : V1 (same as Interest Indicator)
    Long text : 12%balanace interest
    Short text : 12% balance interest
    Date from : 01.03.2010
    Currency : INR
    Save
    Step 04: Define time dependent terms (OB81)
    Path: SPRO>FInancial Accounting New>Financial Accounting Global Setting New>Business Transaction> Bank A/C interest calculation>Interest calculation>Define time dependent terms
    Go to new entries
    Interest calculation indicator : V1
    Currency key : INR
    Effective from : 01.03.2010
    Sequential no : 01
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    Reference interest rate : V1
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    Interest calculation indicator : V1
    Currency : INR
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    Sequential no : 02
    Term : credit interest balance interest calculation
    Reference interest rate : V1
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    Step 05: Enter Reference Interest Rate Values (OB83)
    Path: SPRO>FInancial Accounting New>Financial Accounting Global Setting New>Business Transaction> Bank A/C interest calculation>Interest calculation>Enter interest values.
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    Chart of Account 'TATA' secured loans 100300 100399
    TATA  INTR interest Expenses 400100 400199
    TATA  INTR interest Gained 300100 300199
    Save
    Step 06: Creation of G L Accounts (FS00)
    G L A/C no : 100305
    Company code : TATA (Tata Infotech)
    Select create button
    Account group : secured loans
    Select balance sheet account
    Short text : HSBC Bank Account
    Long text : HSBC Bank Loan Account
    Select control data tab
    Select only balances in local currencies
    Select open item
    Select line item display
    Sort key : 001
    Select create/bank/interest tab
    Field status group : G005
    Select relevant to cash flow
    Interest calculation indicator : V1
    Save
    Give G L A/C no : 400105
    Company code : TATA
    Select create button
    Account group : interest
    Select profit and loss account
    Short text : interest Allowed
    Long text : interest Allowed Account
    Select control data tab.
    Select line item display
    Sort key : 001
    Select create/bank/interest tab
    Field status group : G001
    Save
    Give G L A/C no : 300107
    Company code : TATA
    Select create button
    Account group : interest
    Select profit and loss account
    Short text : interest Gained
    Long text : interest Gained Account
    Select control data tab.
    Select line item display
    Sort key : 001
    Select create/bank/interest tab
    Field status group : G001
    Save
    Step 07: Define automatic posting account (OBV2)
    SPRO>FInancial Accounting New>Financial Accounting Global Setting New>Business Transaction> Bank A/C interest calculation>Interest posting>Prepare G L A/C balance interest calculation
    Go to accounts
    Chart of accounts : TATA
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    0002 INR 400105 (interest Allowed)
    2000 Inr 100305 (HSBC Bank Loan Account)
    Save
    Step 08: Entry for loan (F-02):
    Give document date : 01.03.2010
    Posting date : 01.03.2010
    Type : SA
    Company code : TATA
    Currency : INR
    Posting key : 40
    G L Account : 200005 (ICICI bank a/c)
    Enter
    Amount : 50,00,000
    Business area : IRON
    Value date : 01.03.2010
    Text : loan received
    Posting key : 50
    G L Account : 100305 (HSBC bank a/c)
    Enter
    Amount :   *
    Business area : IRON
    Text :   +
    Save
    Step 09: Interest calculation run (F.52):
    Accounting>Financial Accounting>General ledger>Periodic Processing>Interest calculation>Balances
    Give chart of accounts : TATA
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    Company code : TATA
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    Select leap year.
    Select post also if value date in past
    Select update master records
    Execute
    Go to system on menu bar.
    Select services
    Select batch input
    Select sessions
    Select RFSZIS00
    Select process
    Select display errors only
    Again select process
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    Dear Expert
    Thank x for the quick response ,
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  • FICA - Security deposit interest calculation

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  • Item Interest Calculation for partially cleared items

    Hi
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    Sanil Bhandari

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    Dear All,
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