AR: Interest on overdue balances

Hi Gurus
How should one set up interest for debtors, so that it takes the payment terms into account. I tried everything but it seems SAP calculates interest on outstanding items ignoring the payment terms. If I create an invoice with yesterday date and I run the interest program today, it will charge interest for one day, although the customers' payment terms are 30 days after statement.
Can someone help with this one.

Hi Theo,
For the interest calculation indicator that you have given in the customer master check the following configuration.
Financial Accounting (New)- Accounts Receivable and Accounts Payable-Business Transactions-Interest Calculation-Interest Calculation Global Settings-Prepare Item Interest Calculation. Check if the Ref. Date is 1 (Value date (Baseline date). I think this has been maintained as 3 (posting date). This tells the system from what date interest has to be calculated.
Rgds
Shivram.

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Interest on Overdue Balances

HI,
When we run a customer open item analysis we see that there looks to be interest for overdue balances showing on the report. It doesn't appear to be assigning the interst to the customer, but I wanted to see why this was here and if we have the ability to assing interest to balances. And also where you would turn this on and off in the system or for a customer.
Also on this report, S_ALR_87012178, there are a lot of additional fields that are not necessary and when we print it's not fitting to the page. We would like to hide some of the extra fields such as the name and content fields. We won't use the Export credit insurance area either.
In addition, on the bottom row of columns it says Itm Net Date, could this be changed to say Itm Due Date
Thanks
Sunitha

Sunitha,
- Setup for Customer Interest calculation is based on parameters entered in customer master in Company Code data, Account Management tab under Interest Calculation section
- You have to run interest calculation and posting transactions for interest to be actually posted to customer accounts
Unfortunately, there is limited format change you can do on S_ALR_87012178. However,
- You can control what information is displayed in the report by selecting appropriate summation level from 0 (most information) to 6 (least information)
- The columns Itm Net Date refer to Document Line Item Number, and Net Date corresponding to the date when the Net payment is due. This report doesn't have capability to change column titles
HTH,
Manish Patel
Sr. SAP Solutions Consultant

How to get Customer Credit & Overdue balances?

Hi All,
We need to retrieve Customer account balances data from SAP and pass that data to another third-party system. We have to create either a Custom Report or a Custom BAPI for this. The required values are 'Credit Balance' and 'Overdue Balance' for each Customer.
I only know about the transaction FBL5N which displays Customer Line Items as a report in SAP. Can you please help me out as how I should proceed for this purpose? What are tables where I can found the Credit balance and Overdue balance for each customer?
Thanking you,
Suchandra.

check tabke BSID, BSAD.
and F.27 tcode ,and see the logic of f.27 also.
Regards
Prabhu
Message was edited by: Prabhu Peram

Missing item assignment for "Minority interest in the balance sheet"

Dear Experts,
We unable to perform "Consolidation of investment" and "Validation of Consolidation data" due to our 2 newly created ECCS Accounts not properly assigned. Can any experts guide me how to mapped it? Your fast action is very much appreciated.
Regards/Lisa

Dear Dan Sullivan,
I have created 2 news ECCS Accounts named as SHARE CAPITAL & SHARE PREMIUM. And i do not know how to eliminate these 2 new ECCS accounts with INVESTMENT IN SUBSIDIARY COMPANIES.
When we performing CONSOLIDATION OF INVESTMENT, the error message showed "Missing Item assignment for Minority Interest in the Balance Sheet" and "No Items are assigned to the items (Newly created ECCS Account)".
Further when we run VALIDATION OF TOTALS DATA, the error message showed "Total Assets is not equal to Total Liabilities + Equity" in Step 002.

Item Based Interest on Remaining Balance of Invoice after Payment Posted

We are doing item based interest but the when a payment is posted against the invoice the interest is calculated against the entire invoice amount. Where do I need to check to get the interest to be calculated against the remaining balance.
Edited by: Tunzyaan Jennings on Feb 15, 2012 10:16 PM

HI
Pls try to select the check box Only calculate interest on debit items in the same path
Indicator which means that, in principle, interest is only calculated on debit entries.
Otherwise, interest would also be charged to credit items. The credit item would be treated as a debit item; in particular, the same interest rate is applied to both. Reason: If the credit memo is not cleared right away by the invoice, but cleared later, both the invoice and credit memo are "overdue" and consequently balance out in terms of interest.
It will solve your requirement
Vishnu

Calculation of Interest on overdue witholding taxes

In my scenario the interest needs to be calculated on the overdue payments that have not yet been paid by the client to the goverment of TDS so deducted by the system. The interest needs to be calculated from the 7th of next month till date the amount is actually paid. The tds so deducted in the period 1-7th of the month will not be liable for interest calculation. Again in the next month the same cycle needs to be repeated for interest calculation.
Can anyone help me out if how to achieve the same.
Regards,
Anurag Gupta

Hi
You may like to check the config from the below angles :
1) interest payment is produced if the credit interest (because of interest calculated on items paid before the due date) is greater than the debit interest.
2) Calculate interest on items paid before due date
Indicator which means that credit interest is calculated for items paid prior to their due date, provided that the item paid was not subject to a cash discount. Interest is calculated using credit interest rates.
Note
The system calculates credit interest only on those clearing transactions where all payments were made before the due date. If you do not select this option for those transactions then the items are ignored.
This option has no effect in the case of clearing transactions where payments are made both before and after the due date. For transactions such as these, interest is always calculated on the basis of debit interest.
For partial payments and down payment offsetting items that are made before the due date of the invoice, interest is calculated from the document date if this indicator is set. If it is not set, interest is calculated from the due date of the invoice.
3) Calculate Interest as of Due Date for Net Payment
Indicator which means that interest is calculated as of the due date for net payment; otherwise, you pay interest as of the settlement period lower limit (if the due date for net payment is before it) or as of the date of the last (according to the master record) interest caluclation (if the corresponding parameter is set).
Regards
S

How to block Sales order for any overdue balance.

There is a need to change SAP setting for blocked Sales Order for due balance. Current SAP setting : block is valid only for "over due
more than 30 days".
The requirement is to block order based on any overdue amount say For example : if we have due balance for 1 day, than system should block the SO.
In current credit management settings applied, there is Static check ( C ) and Oldest open item (C ) with Days oldest item =30 days. Kindly suggest as what changes should be made to reflect the desired changes. Also , help in confirming the thought that Static check itself considers the OPEN ITEMS, so if i am activating static check and REMOVES THE OLDEST OPEN ITEm, will it take any overdue amount automatically and block subsequently. To add to it kindly explain, what is the use of this additional check of Oldest Open Item ( with days = X days ) for creit mngt. can't we maintain it by Static check.
Kindly guide as what to change in OVA8 to have this. All feeedbacks are highly appreciated.

The user want to block SO for 2 types below. System must block SO if the credit limit is exceeded and/or the payment is overdue
Currently Two credit checks in OVA8
1- Static check
2- Payment Overdue check by Oldest Open Item ( 30 Days limit is set)
But, now for SO block due to payment overdue need to be changed from 30 days overdue to any day overdue.
How to acheive the above , Also kindly confirm that Static check contains OPEN ITEMS so Won't static check only carry the functionality to block SO for ANY DAY OVERDUE.
Any feedback is highly appreciable.

How can I pay an overdue balance with a new account where the old account is no longer valid?

I used to live in the UAE and was using my UAE local credit card for my apple accout. I returned recently back home and the old account I had is now no loneger valid,I now have a new credit card, I would like to use my new account to settle the balance I owe on the previous account. Is that even possible?
If not, is there a way I can download from my app store again as I cannot access it because my new payment details are being 'Declined"
If there is anyone that can help, please do so.

 Account Security Team (AST) 
Check the AppleCare number for your country here:
http://support.apple.com/kb/HE131
Call them up, and let them know you would like to be transferred to the Account Security Team.
HT5312: Rescue email address and how to reset Apple ID security questions
http://support.apple.com/kb/HT5312

GL Interest - Value date balance

Hi,
It was noted that when I run f.52 to calculate GL interest, the calculated amount is not based on the principal amount but it is cumulutive amount of the principal & past interest amount.
Please advice how to run interest only based on the principal amount.
Thank you.
regards
Vani

BAPIACGL09-VALUE_DATE is the field where u need to pass value Date.
Next question from where you will get the data.
It sometimes is the Posting date - BUDAT !!

F.2A Interest on Overdue for credit notes

Dear Friends
how to calculate interest on credit notes to the customers, whether interest calculate on credit note and give credit to customer a/c or adjust the credit note amout to original invoice and calculate interest on net amount
for example.
i am facing a scenario a customer invoice Rs.1000/- and credit note of this invoice 200 net amount due Rs.800/- cusomer paid 800 on 45th days. interest on cleared items should charges for Rs.800/- but system calculate interest for Rs.1000/-
How to set config for credit notes whethere credit note adjust Rs.200 for invoice 1000/- or should give credit of interest for Rs.200/-
Please advice me how to do this
Thanks in advance
Regards
Santhanam K

Sunitha,
- Setup for Customer Interest calculation is based on parameters entered in customer master in Company Code data, Account Management tab under Interest Calculation section
- You have to run interest calculation and posting transactions for interest to be actually posted to customer accounts
Unfortunately, there is limited format change you can do on S_ALR_87012178. However,
- You can control what information is displayed in the report by selecting appropriate summation level from 0 (most information) to 6 (least information)
- The columns Itm Net Date refer to Document Line Item Number, and Net Date corresponding to the date when the Net payment is due. This report doesn't have capability to change column titles
HTH,
Manish Patel
Sr. SAP Solutions Consultant

TS1292 I had an overdue balance, payed and got gift card now i cant seem to use it

What should i do is my gift cardinvalid now?

Now look for a game in the App Store App or a song in the iTunes Store App, and tap on the "Buy" button for the song or app, to buy it and download it to your iPad.
Chapter 22 of the User Guide may help you out.
http://manuals.info.apple.com/MANUALS/1000/MA1595/en_US/ipad_user_guide.pdf

S_ALR_87012178 Report -Issue Related to Interest calculations

Hi,
When we run a customer open item analysis S_ALR-87012178 we see that there looks to be interest for overdue balances showing on the report. It doesn't appear to be assigning the interst to the customer, but I wanted to see why this was here and if we have the ability to assing interest to balances. And also where you would turn this on and off in the system or for a customer.
Kindly adivce me on this issue.i am confused because i didnot understand what they are asking.
Thanks
Sunitha

Hi,
You can go to F.99 in order to see all the reports for Customers.
Hope you will find the best suitable report.
When you are using "Drill down reports" do not forget to select
"Object list (more than one lead column)" this would give you a option to sort them the line items as you want.
Just for your information: SAP1 is the transaction code for all the reports in SAP.
Regards,
Ravi

Interest calculation on overdue,credit balance & cash dicount

Hi gurus
we need to calculate the over due interest, interest on credit balance & cash discount on the customer balance thru system. What are the configuration settings required& also for reporting purpose what we need to do.Please explain in details
Thanks
shivaji

To be able to post cash discounts, you must define an account determination for cash discount taken and cash discount granted.
For cash discount taken, choose:
Financial Accounting ® Accounts Receivable and Accounts Payable ® Business transactions ® Outgoing payments ® Outgoing payments Global Settings ® Define accounts for cash discounts taken
For cash discount granted, choose:
Financial Accounting ® Accounts Receivable and Accounts Payable ® Business transactions ® Incoming payments ® Payments Receipt Global Settings ® Define accounts for cash discounts granted
Please refer to the R/3 library and the IMG documentation for more details.
You may also want to use payment terms suitable for you business processes to trigger the automatic calculation of cash discount amounts

Arrears Interest Calculation on AR Balances

Hi,
I am trying to calculate the Interest on AR Balances and was able to successfully post the entries also. But the problem is the next month when I am running the interest calculation, I want the system to avoid calculating Interest on the document posted for Interest Charges last month to the customer account.
For example, I have an open item when the first time I calculate Interest. The programs calculates Interest and posts a document. Next month, I want the system to calculate interest only on the original invoice or just the invoices, but not on the document posted for Interest, last month.
Thanks,
Madhav

Hi,
Took an alternative approach to resolve the problem. Created a seperate document type for posting the Interest Journal Entries and when executing the Interest Calculation, excluded this document type.
Thanks,
Madhav

Interest calculation on GL balance

Hi Gurus
I need a help from your side to calculate interest on GL balance . I have all the configuration required for the same ,while running the same it used to calculate the depreciation required but processing the batch input session Account 18 can only be posted to internally in company code PC01
note: 18 is interest on loan account
I have activated Automatic posting only
Kindly tell me what are the required configurations to post gl a/c s respectivevly
Thanks in advance
Rgards
Praveen

Hi Praveen,
To post interest to you loan account you need not to check the check box of post automatically, if you assigned g/l accounts perfectly in account assignment that is enough to post the interst document.
Regards,
Nagesh

AR: Interest on overdue balances

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