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

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  • Balance Interest calculations

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    i encountered the same problem and solved it by unticking the Account number as interest calculation indicator in interest indicator (t code ob46).
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  • Possibility to restrict interest calculation on open items only

    Hello All,
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    Thanks in advance....

    HI!
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    Oba4          Define Reference Interest Rates
    Ob81          Define Time Depend term
    Ob83          Enter Interest values
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              Foreign currency balances revaluation
    Ob59          Define valuation methods
    regards,
    Rup

  • Interest calculation procedure in Dunning

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    Dear Friends,
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    Dwarak.

    hi
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  • 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,
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    http://help.sap.com/saphelp_erp2004/helpdata/en/41/37b8e7455b11d182b40000e829fbfe/frameset.htm
    Hope this helps.
    Please assign points as a way to say thanks.
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