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
Similar Messages
-
Interest Calculation on customer balance
Hi
I need to calculate interest on customer overdues (on net balance after deducting advance received from there).
There are three types of interest calculation:
1. Balance interest calculation
2. Item Interest Calculation
3. Arrears Interest
Please let me know which one i need to select for the same.Hi Deepak,
I will provide you some information about this matter:
Please, notice that the program RFINTITAR (tr. FINT) isn't used for balance interest calculation. It is used for customer overdue item interest calculation. Please check the documentation available for this program. I believe that this is the option that you should use.
In case of Special G/L transactions:
Check IMG- Financial Accounting (New)- Accounts Receivable and Account Payable- Business transactions-
Interest calculation - Prepare special G/L transaction interest calculation.
As described in the documentation of the customizing node, the assigning of new interest indicators according to the special G/L transaction is evaluated by balance interest calculation only.
Please see the documentation:
"In this step, you define an alternative interest indicator for special G/L transactions. The specifications only apply to the account balance interest calculation."
I hope that this answer your inquiry.
Best Regards,
Vanessa Barth. -
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
PraveenHi 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 -
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 -
F.47 Interest calculation on which table these values will be store
Hi Team,
I have query regarding Vendor arrear interest calculation after executing the f.47 it will save in sessions but before executing the session i want the print the form. For this purpose i want information after executing the f.47 these values are stoerd in which table kindly help me on this.
Thanks and Regards,
Nauma.Hi,
For every tranasaction code there will be different tables related to that ,so the valuse will be stored in different tables.
These are the tables releated to This tcode are
t056, t056d, t056u, kna1, knb1, bsid, bkpf, bseg, bsega, blntab, lfa1, lfb1, bsik, tcurx, *bseg, *bkpf, itcpo, t033e, ikofi, t005, ttxd, b0sg, t056a, t056b, "T056K, t056p, t056l, t056t, t047i,
If you want in detail what are the field inserted in this table and check run this program RFKUZI00 and check here all the tables and fields
regards,
Santoshkumar -
"Interest on Arrears calculation" vs "Item Interest Calculation"
Hi all,
Could anyone explain me the difference between "Interest on Arrears calculation" and "Item Interest Calculation" and in what cases they are used.
Thanks,
DSK.Item Interest Calculation
In this activity you make the general settings for the individual
interest indicators for the item interest calculation
These include settings for selecting the items and for
calculating the interest. You can also enter specifications for interest
postprocessing, output control, and for posting.
Account Balance Interest Calculation
In this step you make general specifications for each interest indicator
for the account balance interest calculation. These include
determination of the period, the interest determination, the subsequent
processing of interest, the output control for printing forms as well as
the terms of payment
Regards
Arun -
Balance interest calculation on vendors
Hi,
Is it possible to calculate interest on vendor balances?
I did all the settings for interest calculation and assigned the interest indicator to the vendor master. When I run the interest calculation program (Free Selection) a batch input session is generated but ZERO transactions are processed in the session. I made a vendor posting as well as a part payment. I want to calculated interest on the open items.
Please advise.
Thanks in advance
RajDear Raj,
are You asking if it is possible to calculate the interest on items (on arrears) on vendors?
The answer is yes.
You should use the report RFINTITAP. There is an old one RFKUZI00 but please use the new one; You can use the transaction FINTAP as well.
There are a lot of steps to do: create an interest indicator linked to P (interest calc. type) --> ITEM INTEREST CALCULATION, then You to define the item selection by IMG -->
Prepare Interest on Arrears Calculation
Prepare Item Interest Calculation
and then customize the following steps:
Define Time-Based Terms
Interest on Arrears Calculation (Vendors)
Then insert the relevant interest indicator into the vendor master data.
I hope this can help.
Mauri -
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,
Jemesvlauation 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 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 -
Inquiry on Interest Calculation using Interest on Arrears for Accounts Rece
Question:How can we calculate interest on the number of days from the document date, but only start selecting the item for interest after the item is past due?
Scenario:
Document date - March 18th
Due date - April 2nd
Desired results:
1) When running interest at the end of march the invoice will not be selected (as it is not past due)
2) When running interest at the end of April, Interest should be assessed for 12 days for March and 30 days for April (if past due, interest is calculated from the original document date and not the past due date).
Attempt:
In config I tried to set up the Interest Indicator (in Prepare Item Interest Calculation) to have Ref Date as Document Date, but the calculation still returns only 19 days for April (using due date).
Does SAP support this business requirement?
Thank you,
RachelHi,
Please make use of the event 2010-Interest: Exclude Items.
Here all the line items on the account are passed one by one and records which are eligible for interest calculations are retained and rest are excluded by RAISE item_blocked.
You can put the check in this event on the amount.
Regards,
Gaurav. -
Dear Experts,
I have a problem to Run the Interest Calculation of term Loan G/L Account the massage is ..
"No general Int. terms are maintained for the following Int Calculation Indicator (account number"
Kindly reply very soon
Srinivasi encountered the same problem and solved it by unticking the Account number as interest calculation indicator in interest indicator (t code ob46).
When you check this field this field this means you have to make a general condition for interest scale with that gl which is giving in the error preceding 0
e.g if your gl is 100500 then you have to create it by 0000100500(with 10 digits) using t code obaa.In addition the point to be noted is when you execute. tcode obaa the coulmn name is Interest calculation indicator or account number. -
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 calculation procedure in Dunning
How to calculate the Interest in dunning?
What are the steps needed to be configured for the interest calculation for the dunning process?This configuration allows you to charge interest on overdue customer accounts. Interest can be calculated by using the line items or overall account balances. SAP keep tracks of the date of the last interest run and stores it in the customer master record.
First create an Interest Indicator.
OB46 - Interest Settlement Calculation Type
Int Calc. Type
P - calculate interest based on line items.
S - calculate interest based on account balances.
Secornd, make it avaliable to the interest run program.
OB82 - Interest Terms
Third, determine the interest rate that will be used by the calculation.
OBAC - Define Reference Interest Rates
OB83 - Enter the Reference Interest Rates Value
Fourth, assign the interest indicator to the reference interest rate.
OB81 - Define Time Dependent Terms
Finally, determine the how and to which accounts the interest program will post.
OBV1 - Prepare Interest on Arrears Calculation -
Dunning interest calculation - taking 360 days instead of 365 days
Dear Friends,
I have done the dunning customization and forms are generating properly including the days in arrears. But for the dunning interest calculation, it is taking only 360 days instead of 365 days. Because of this, there is a difference in interest amount in dunning (F150 tcode) and interest calculation (FINT tcode).
Please guide me how to resolve this issue.
Thanks in advance for your help.
Regards,
Dwarak.hi
check the below configuration.
spro-
interest calculations- global settings-
prepare item interest calculation/prepare balance interest calculations.
here you select calender type : G(365 days)
chandra -
What are the custimization steps to run interest calculations for customers
Hi,
I need a full custimization steps to configure the interest calculations for customers. i created interest indicators, g/l accounts and account determinations also. but no interest is calculating for customers and customers are having no of days to calculate the interest. So please guide me on this regard.Hi,
Configuring the Interest Calculations Procedure
This configuration allows you to charge interest on overdue customer accounts. Interest can be calculated by using the line items or overall account balances. SAP keep tracks of the date of the last interest run and stores it in the customer master record.
First create an Interest Indicator.
OB46 - Interest Settlement Calculation Type
Int Calc. Type
P - calculate interest based on line items.
S - calculate interest based on account balances.
Secornd, make it avaliable to the interest run program.
OB82 - Interest Terms
Third, determine the interest rate that will be used by the calculation.
OBAC - Define Reference Interest Rates
OB83 - Enter the Reference Interest Rates Value
Fourth, assign the interest indicator to the reference interest rate.
OB81 - Define Time Dependent Terms
Finally, determine the how and to which accounts the interest program will post.
OBV1 - Prepare Interest on Arrears Calculation
Please check out the following link also:
http://help.sap.com/saphelp_erp2004/helpdata/en/41/37b8e7455b11d182b40000e829fbfe/frameset.htm
Hope this helps.
Please assign points as a way to say thanks.
Regards,
Maybe you are looking for
-
Record 1 :Time conversion from 0CALDAY to 0FISCPER (fiscal year A1 ) failed
Get red error when loading Delta data and the red error is: Record 1 :Time conversion from 0CALDAY to 0FISCPER (fiscal year A1 ) failed with value 20060426 We went to RSA1 -> Source Systems page, right click on the source system, choose Transfer Glob
-
I get the following error on- and off in an app. The message is
Error -2147467259 occurred at CIT_ReadStringTrace.vi. This error is being returned by the read string history VI. If I put this VI in another dummy VI I can predict when it will occur (mostly). If repeatedly run my dummy VI until I stop getting this
-
Access TC wireless and over Ethernet same time possible?
Is it possible to use TimeCapsule with my Powerbook wireless over Airport and my MacPro connected with Ethernet Cable at the same Time and also extend the Network wit an Airport Express?
-
Antivirus software for Windows 7 on Mac
I recently installed Windows 7 on my MacPro and was wondering if I need to install an antivirus software program for Windows 7? I have researched and still have not found an answer.
-
FCP X problems after Yosemite 10.10.2/iTunes 12.1 update
FCPX 10.1.4 on Yosemite 10.10.2 w/ iTunes 12.1 installed on MacBook Pro (Retina, 15-inch, Mid 2014), 2.5 GHz Intel Core i7, 16 GB 1600 MHz DDR3 After installing the Yosemite 10.10.2 update and the iTunes 12.1 update, FCP has been brought to a halt on