Calculate Interest on arrears

Question

Dear community,
Is some body could help me, I have a problem when I want to change the setting the calculation of the interest. Which running under T_Code F.24.
Thank you in advance.
Best regards,
Maya

Answer 1

Hello
Interest calculation is controlled by settings made in the interest indicator. You assign an interest indicator to the master records of the customer and vendor accounts you want to calculate interest for. You make other settings for each interest calculation. These specifications take effect together with the specifications for the indicator, and sometimes have a higher priority.
Interest is calculated using the debit interest rate defined for the interest indicator in the system. Credit interest rates are used when interest is being calculated on items paid prior to their due date
Also check this
There are different ways of calculating interest:
●     In either Accounts Payable or Accounts Receivable, choose Periodic Processing ® Interest Calculation ® Arrears Interest ® Without Open Items if you only want to calculate interest for cleared items and post the interest. The system calculates interest as of the due date for net payment.
●     In either Accounts Payable or Accounts Receivable, choose Periodic Processing ® Interest Calculation ® Arrears Interest ® With Open Items if you want to calculate interest for open and cleared items and post the interest. The system calculates interest as of the upper limit date of the last interest run.
●     In either Accounts Payable or Accounts Receivable, choose Periodic Processing ® Interest Calculation ® Arrears Interest ® Without Postings if you want to calculate interest for open and/or cleared items but do not want to post the interest. The system calculates interest as of the due date for net payment.
In each of the above cases, either the relevant fields have default entries or only the selection criteria required are displayed.
●     In either Accounts Payable or Accounts Receivable, choose Periodic Processing ® Interest Calculation ® Arrears Interest ® Custom Selections if you want to make a selection that differs from the options mentioned above.
Check these reports and analyse, why data is not getting posted.
RFDUZI00   Calculation of Interest on Arrears (Customers)
RFKUZI00   Calculation of Interest on Arrears (Vendors)
Reg
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