Balance Interest calculations

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
Srinivas

i 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.

Similar Messages

Balance interest calculation on spl gl items of customers

Hi Everybody,
I am strucking with a problem in FI. That is calulation of balance interest on spl gl transactions in customer.
Actually we have customer deposits which are booked as downpayments. Here we have to pay an interest of 6% which is also cumulative one. Now my requirement is I have to calculate balance interest on this deposit with 6% interest. I made the following configs.
Created one Indicator for balance interest with S ob46
Defined No.ranges.
Preparations for balance interest obaa
Spl gl assignment in obab
Maintained reference int rates at obac
Time based terms ob81
interest values ob83
posting Entered the following
1000
co code all() int indi all()
debit 01 1000 customer posting
credit 50 0001 int received
1000
co code 1000
debit 40 0002 interest paid
credit 01 1000 customer posting.
and indicator assigned in cu master record
and int calc done in f.26 balance interest
but it is not getting calculated on spl gl items
Please could you people help me in this regard as soon as possible.

Hi
Did u assign the Spl GL Downpayment settings. Whethere it is vendor or customer assign the spl gl indicatior for down payments.
Hope this is helpful to u.
Shammi

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
Raj

Dear 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

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 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

G/L Account Balance Interest Scale

hi Gurus,
I done the G/l Balance Interest Calculation( Configuration and Settings )
Example : Loan Account xxxxx this account Open Item Select and Interest Indicator y1, & Frequency is 1 month is given.
1. F-02 Posting Bank A/c Dr 10000
Loan A/c Cr 10000
next then Go to Fbl3n xxxx loan a/c is open item balance 10000
2. F.52 G/L account Bal Interest Scale
Interest tobe Calculated some amount 1month Rs 400
Batch input session run Ok ,( No Errors )
Interest not Posted to a Particular G/L Account
ALL Setting Fulfill in Interst Calculation ( Balance )
Advance Thanks

Hi John,
The tables you need are going to be JDT1 (journal lines), OJDT (journal header) and possibly OACT (account master). The contents of these tables should be sufficient to calculate the balance as at a certain date. For details of the columns in each table, you could use the Query Generator or consult the database help file (which is available if you have installed the SDK).
A basic SQL query would be something like this:
SELECT T2.AcctCode as AcctCode, T2.AcctName, sum(T0.Debit - T0.Credit) FROM JDT1 T0 INNER JOIN OJDT T1 ON T0.TransId = T1.TransId INNER JOIN OACT T2 ON T0.Account = T2.AcctCode WHERE T1.RefDate <= 'YYYY-MM-DD' and T2.AcctCode = '_Sys00000000019' group by T2.AcctCode, T2.AcctName
where YYYY-MM-DD is the date you want the balance at and _Sys00000000019 is a made up account number I used as an example.
Hope this helps,
Owen

Interest Calculation for special GL items

Hi Experts,
We have posted some special GL indicator documents for the vendors, but in the interest calculation, that is not coming up.
However the system is picking up all the others debit and credit items for that vendor.
So what could be going wrong for this vendor?
Thanks in Advance,
Jeenat

Hi,
Check the transaction code OBAB and assign your special GL transaction to your Interest Indicator.
This should solve your issue.
However this setting applies only for account balance interest calculation.
Regards,
Gaurav

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 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

"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

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 bank cash credit account

Hi All
My requirement is to calculate interest on cash credit account in
bank . The interest is charged as for e.g 10% on any withdrawals above
10000 and 12% on any withdrawals above 15000 . Whre to set this limit ?
How will this cycle be done and will it be posted to GLs by this interest
calculation run or can it be used just for information purpose to cross
check the interest calculated by the bank ?
Please respond .

There are two defined interest calculation types in the SAP
system.
1. Balance interest calculation.
2. Item interest calculation.
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.
To display all transaction codes:
Go to t.code:SE16
Table name: TSTC
Keep blank maximum number of hits.
Total transaction codes in SAP 70837.
The following steps are involved in interest calculation.
1. Define interest calculation types (OB46)
2. Prepare account balance interest calculation (OBAA)
3. Define reference interest rate (OBAC)
4. Define time dependent terms (OB81)
5. Enter interest values (OB83)
6. Creation of G L Accounts (FS00)
7. Define automatic posting (OBV2)
8. Entry for loan (F-02)
9. Interest calculation run (F.52)

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

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

ITEM INTEREST CALCULATION ON VENDOR AND CUSTOMER

Dear all,
how to calculate Item interest calculation on Vendors and customers
what is the configuration need? please let me know it is very needful for me
Thanks in advance.
Regards,
Ram.

in ob46 we maintain int calculation types under that u can maitain int indicatro name int calculation type(P)and save
after that u can prepare itme balance interest calculation(path spro/f/a/ap&ar/business transactions/int calculation/int calculation global settings/prepare item int calculation) here
u can enter int indicator select open itmes check box enter calander type etc.
define referance itn rates obac here u can enter ref int rate long text short text date from currency and save
define time dependent terms ob81 here u can enter int indicator currency effective from sequential number term(u can select item int calculation) ref address rate etc.
enter int values ob83 here u can enter reference int indicator from date and percentage save.
if u have any doubt let me know.

Balance Interest calculations

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