Customer interest calculation on both open & cleared items

Hi,
I have created a Interest Calculator Indicator Z1 for that following configuration is made.
1. Int Global Settings> Prepare Interest on Arrears Calculation-> Z1 under selection of items I have selected the open & cleared items.
2. Int Global Settings> Prepare Item Interest Calculation-> Z1 under items selection I have selected the open items & all cleared items.
But when I am running the FINT - Interest Calculation for customer selecting the Interest Indicator Z1 system is calculating only open items but in configuration I have selected both open and all cleared items. Still its considering only open items.
Kindly provide the way to resolve this problem.
Regards,
Sandeep

Thanks Chintan for immediate reply...
I have check the solution given by you but not a single cleared document is not considering in FINT. I have one case like I have posted one entry on 01.10.2010 & one same day I have reversed I need that entry should come in the same calculation. This will not effect in amount as it will get plus minus zero.
Regards,
Sandeep

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Interest calculation only for open item for customers

Hi, do you know how to calculate Interest calculation only for open item for customers?I do not want to see cleared items. I have problem with customization.
Best Regards
Tom

In the item interest calculation, you can tick the 'open items' for calculation of interest and also select the 'no cleared items'.
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Open Clearing Items

Hello everybody:
I need open clearing items to clearing with other items. For example in my job was issued a payment to a supplier, but was applied to the wrong invoice, for this reason I need to open this compensation payment and apply it to the right invoice, the Tx FBRA, tells me that I must cancel the payment, but the payment was delivered and collected by the supplier, so I can not avoid it and just need to open the clearing.
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Hi,
As per your issue, I understood that you do not want to cancel the payment, cleared invoice need to be reset and correct invoice has to be cleared. Please do the following.
1. Do FBRA for the cleared invoice with clearing document, do only resetting do not reverse.
Impact: Wrong invoice and payment document will be reset as open item.
2. Clear original invoice with payment document which reset on first step in F-44.
Here select both original invoice and payment document from open item sreen.
Impact: Correct invoice will be cleared with the payment document.
Please let me know if you have any doubts.
Regards
SM

HOW TO DISPLAY VENDOR WITH NO OPEN CLEARED ITEMS

Hi All,
We want to delete some of the vendors which do not have any open or cleared items. Can anyone tell me the report ,T Code or ant table which we can run to display the vendors with no open ,clear items.

you will have to first block the vendor for the posting in co.codes using FK05 and then assign that vendor for deletion flag using FK06 , in the next archive run it will be deleted automatically.
You cant just delete the vendor from the system
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Interest calculation on vendor open items

Dear Freinds,
I am trying to calculate Interest on open vendor items. t code F.4B
Sys. is given below message, pl advise, i am stuck up.Config has been done , but still the problem remains
No list generated
Message no. 02005
Diagnosis
You may have selected an invalid object or the object contains no further information.
In the case of a database query (reporting), there are no hits to match the specified selection criteria or the other program parameters reduce the data for output to nothing.
Procedure
Depending on the reason for the problem, either choose a valid object or repeat the database query with suitable selection criteria.

Dear Ashok,
thnks, pts assigned, but prob not solved.
if possible pl give the entire steps for me to check & may be 1 scenario
the present scenario is that i have posted vendor invoices in apr'06 , maintained vendor master, vendor not paid so far , running f.4b, selecting all relevnt fields, like calclation dt upto 30/4/06, interest posting dt to be 30/4/06, period -1, print form - printer lp01 etc etc.
Rgs
Vinod

Customer Interest Calculation - Customer Receipt

Hi All,
We have implemented Item Interest Charges for Customer w.e.f Feb 12
We executed the Interest Run for Jan.12(our first cycle). and the system has posted Interest document for all relevant customer with applicable interest rates in Jan12.
In Feb12, we received a receipt from a customer for (whom we executed the Interest run) specific to a sales invoice.
When we tried to clear off the sales invoice the system does not allows to process customer receipt because interest amount has not been paid by customer.
Accounting department don't want to process Partial/Residual payment for the above transaction.
Now our management requires that we must have an option to set off the interests charges separately and the interest charge must not be included with sales invoice on customer receipt.
Lets take an example (for one customer with same currency)
Sales Invoice 1. 10000EUR
Sales Invoice 2. 5000EUR
Sales Invoice 3. 15000 EUR
Total Open item 30000 EUR
Interest Calculated for the above invoices (line item) Doc No Interest .1
Interest Amt : 100 EUR (Sales Invoice 1)
Interest Amt : 50 EUR (Sales Invoice 2)
Interest Amt : 150 EUR(Sales Invoice 3)
Overall Balance end of Jan12 (after Interest Run) : 30300 EUR.
We received a payment for Sales Invoice.1for 10000 EUR on 5 Feb 12(customer has not paid the interest amt for sales invoice.1)
When we process customer receipt (F-28 or F-30), the system is showing an details as Gross : 10000, Partially Paid Amt 100- and when we select the specific invoice the system displays an overall 10100 EUR.
Now our Question is that, is it possible to clear individual sales Invoice (with its original value) and Interest charge separately.
i.e as per the above case 10000 EUR separately & 100 EUR separately or entire interest amount (300EUR) separately, two different customer receipts.
As customer state that he will pay the Internet amount separately (as we have generated the Invoice for interest charges) might be complete 300 EUR in single payment or partial.
Can you provide any lead/workaround to overcome this scenario.
We are in ECC 6.2.
Do revert
Regards,

Found the solution. Just remove the tick from Include Invoice ref.in editing option.

ICR - Reconciliation Program - FBICS3 - Open/Clearing items selection

Hello Experts,
i have a customer open items which is selected when i am executing program FBICS3 and FBICA3.
When i am making an incoming payment which cleared my customer open items. i executed again FBICS3 and FBICA3.
The consequence is that my customer line item (cleared) disappeared from my ICR Ledger.
Is it the standard behaviour of the system ? what is the logic behind this ?
Because i could have a vendor line items which is cleared and the corresponding customer line item which is not cleared. Then, how do i reconciliate my customer line item in FBICR3 ?
Thanks for your help,
Nicolas GORECKI
FI consultant

Hello Nicolas,
Yes, that is intended standard behaviour. You are - after all - reconciling open items for a key date. A cleared item is not an open item. That is why it is deleted from ICR.
ICR is supposed to help you get an overview over the differences that exist in your intercompany relationships. If the payment has been posted on one side but not on the other this creates a difference. If the customer and the vendor line items were included in the process although one of them has been cleared in the meantime you would not find all the differences there are....
Ralph

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Gurus...
We paid a customer with two checks sent out last month. The checks were returned to us and we voided and stop-paid them. However it's still showing in the system as "paid" in the customer detail. that is in FBl5n its in cleared items.
So now we have wired the money to them but I have nothing to apply it against
When we void a check shouldn't there be a method to reopen the other documents that were paid by this. kind of original invoice reopening.
How can I force this to happen for the current situation? do i need to take care in some other way?
Please explain how to go about now.
Thanks
Kavana

In SAP, you can void the check but not reversing the payment or reverse the payment and void the check at once. In this case, I guess that you just voided the check (FCH9) but not reversing the payment. You should have used FCH8 to void and reverse the payment at the same time.
For now, reverse the old payment using FBRA (reset and reverse function)

FPINTM1 - Interest calculation on different types of items

We need to separate or differentiate the interest and posting them using 3 differerent subtransactions as they need to be identified separately. This is because the nature of the items the interest is calculated on are different. So far the system is using the internal transaction of 0040 (Main trans) and 0030 (subtransaction) and we have mapped it to an external transaction. But this appears to be the only option available currently. Is there a way to get the system to differentiate the interest into 3 different subtransactions depending on the nature of the item? Will using different interest key at item level help? Thanks.

I had a look at the table V_TFKIVV where the internal transactions are stored. So far only the single main transaction 0040 and subtrans 0030 is used for interest calculation in FPI1 and FPINTM1. We need to pay 3 types of interest and indentify them separately depending on the types of items (they have 3 different subtransactions) the interest in calculated on. So far our tests shows that interest on using FPINTM is consolidated under the main trans 0040 and subtrans 0030. Is it possible to split the interest up into 3 the different types or subtrans?
Eg, we have 3 types of receipts where we have to pay interest on, they are employer contribution, employee contribution and adhoc contribution. We need to calculate interest on these 3 types of contributions. Trans FPINTM1 consolidates interest for these 3 types into main trans 0040 and sub trans 0030 ie, only one type of interest and therefore one GL account. Is it possible to split the interest into the 3 different types, perhaps into different subtrans to differentiate them? Thanks.

Customer with the Invoice date to open & clearing item

hi all ,
how is for a customer with the Invoice date i want to track the opened item with the base line date followed by posting date and credit days.
thanks

Dear Sri Wa,
You can use the transaction code FBL5N. Here in the initial screen, you can give the customer code and the invoice date.
Then on execution, you can go into the report and change the layout (Cntrl+F8) and add the fields "Arrears after net due date", "Posting Date" , "Clearing date " and "Net due date" and any other field as you please.
Hope that clarifies. Assign points if useful.
Regards
Venkatesh

Item Interest Calculation for partially cleared items

Hi
We need to do interest calculation on Customer Line Items. The T Code we are using is FINT. We have set an interest indicator for Item Interest Calculation, with Interest Calculation based on Items Cleared with Payments. The requirement is that Interest should be calculated on even partially cleared items. Suppose a customer invoice is generated on 1.1.2009 for INR 100000 and becomes due for payment on 30.1.2009. Now on 10.2.2009, a partial payment is recieved against this invoice for INR 30000. System should calculate interest on INR 30000 for 11 days. Now again on 20.2.2009, remaining payment of INR 70000 is recieved. In such a case, interest should be calculated on INR 70000 for 21 days @ 1.25% PM. In the current configuration, when we define that system should calculate interest on Open Items cleared with payments, system calculates interest on INR 100000 for 1.25% for 21 days. Pls suggest.
Regards
Sanil Bhandari

Hi u can check all below steps with specific fields i thought it is working perfectly check it.
1. Define Interest Calculation Types
here u can enter int rate type as a "S" Balance interest calculation
2. Prepare Account Balance Interest Calculation
here u can enter int calculation frequency means monthly or quarterly etc. calander type G, select balance plu int check box
3. Define Reference Interest Rates
Here u can enter date currency
4. Define Time-Dependent Terms
here u can enter currency effective from date sequential number term (Debit interest: balance interest calc. or Credit interest: balance interest calc.) referance int rate enter before step what u r defined that one u can enter here.
5. Enter Interest Values
here u can enter interest rate for that referance int type
6. Prepare G/L Account Balance Interest Calculation
Here u can enter ur g/l accounts
0001            Interest received (int received a/c)
0002            Interest paid      (int paid a/c)
0011            Pt vl.min.int.earned(int received a/c)
0012            Pst vl.min.int.paid(int paid a/c)
0013            Pst vl.dt.int.earned(int received a/c)
0014            Past val.dt.int.paid(int paid a/c)
0015            Calc.per.int.earned(int received a/c)
0016            Calc.period int.paid(int paid a/c)
1000            G/L account (earned)(Loan giving a/c)
2000            G/L account (paid) (Loan taking a/c)
after that u can post transaction execute ur transaction code i thought it is helpful for u
Regards,
Nauma.

What is debit and credit, open item interest calculation??

Dear Members,
What is
1. Debit Interest Calculation?
2. Credit Interest Calculation?
3. Open and Cleard Item Interest Calculation?

Hi...
Interest can be calculated on debit balance or credit balance based on AR or AP..
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.
Hope you are clear...
Good Luck!!!
Lucid-Mind...

Utilities - open items/cleared items enhancement with HKONT from DFKKOPK

Hi friends,
My client needs item level GL Acccount ( HKONT ) from DFKKOPK table for both Opne & Cleared Items. So i enhanced both Datasource( 0FC_OP_01 and 0FC_CI_01) with this new field HKONT which gets data from different table i.e., DFKKOPK. Now i have encountered one problem. The link between these talbes is only OPBEL(FICA doc no).By doing so we are getting item level records but we are not able to figure out the distribution of 'Contract(VTREF)' values across these records.
For examle for doc no : 900000031212 there are 3 records at DFKKOP base table. But in DFKKOPK table it has 19 records with different sub G/L Accounts. After the execution of CMOD code, in RSA 3 , 3 records are replaced by these 19 records successfully with new sub G/L values but some fields like Contract , Division , cleareding reason etc..are showing only the first records values for all these 19 records. But this gives reports wiith wrong contract and dividion values.
So my question is " how to bring these SUb G/L account(HKONT) values from DFKOPK table .
Waiting for good replies,
Murthy

We had a requirement to retrieve "aging of receiveables" by customer. Basically, it goes thru each record and depending on the due date places the amounts in the following buckets (example). 0-30 day Overdue, 31-60 days Overdue, 61-90 days overdue, 30+ days overdue, 60+ days overdue) etc all the way to 6+ years overdue.
There are also cooresponding buckets for coming due analysis. For example, what is: 0-30 days coming due, 31-60 days coming due, 30+ days coming due, etc...
To do this, first I needed to be able be able to produce an open items statement at any given time in the past. Now, this seems impossible because of how the items go from open to cleared all the time. And an item that was open one month ago, may not be open anymore.
What I did was first remove any selections on item status. Then compare the posting date with teh key date in the past, if the posting date is less than or equal to the key date, keep the record.
Then compare the clearing date with the key date. First, keep all that are #. (This keeps all records still open from that posting date/key date)
Then, add another check for all items that were cleared after the key date (GT Key Date). This gives you the open items on that date.
Hope that makes sense. Let me know if you want clarification.
/smw

VendorPayables Over due Interest calculation.

Hi Gurus,
Help needed plzz..
needed to caliculate interest on over due payables. There are net 30 payment terma in the system. if for some reason i entered an invoice with invoice date which is 31days or more behind the current date then i need to caliculate interest on the late payment and show it in a report. Or post to an expence account with the same account assignments as the invoice.
say, current date: 07/03/2007 mm/dd/yyyy
invoice date : 05/15/2007
if net 30 days payable term is applied to the invoice and i entered it on current date i.e the posting date. this invoice will get paid immediately in the next payment run, but before i pay that invoice i would have to include the interest caliculate from 06/15/2007 to 07/05/2007(say my next payment run was on 07/05/2007). this like 18 days over due .
How can i caliculate interest on this one the interest rate to be used is 3% .
Gurus please advice on how i need to set up the interest Indicator and all other stuff. i know where i need to set most of the things in interest cali. config., but i need advice on what settings to make, so that we meet the requirement.
help ......

Interest calculation is controlled by settings made in the interest indicator in the master record. You make additional specifications for each interest calculation.
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.
There are different ways to calculate interest:
·        To calculate and post interest on only cleared items, in the Accounts Receivable or Accounts Payable menu, choose Periodic Processing ® Interest Calculation ® Arrears ® Without Open Items. The system calculates interest as of the due date for net payment.
·        To calculate and post interest on open and cleared items, in the Accounts Receivable or Accounts Payable menu, choose Periodic Processing ® Interest Calculation ® Arrears ® With Open Items. The system calculates interest as of the upper limit date of the last interest run.
·        To calculate interest on open and/or cleared items without posting the interest, in the Accounts Receivable or Accounts Payable menu, choose Periodic Processing ® Interest Calculation ® Arrears ® Without Postings. The system calculates interest as of the due date for net payment.
In each of the above cases, the relevant fields have default entries or only the selection criteria required are displayed.
·        To calculate interest any other way, in the Accounts Receivable or Accounts Payable menu, choose Periodic Processing ® Interest Calculation ® Arrears ® Free Selections .
For more information about calculating interest on arrears, see the report documentation:
RFDUZI00   Calculation of Interest on Arrears (Customers)
RFKUZI00   Calculation of Interest on Arrears (Vendors)
There are two fields in the company code data area of customer and vendor master records that are relevant for the calculation of interest on arrears:
Interest indic.
The program that calculates interest on arrears uses the interest indicator specified in the customer master record. The most important specifications for the interest calculation run are stored under the interest indicator. They include, for example, rules determining which items are selected for interest calculation and how the interest is calculated.
The interest indicator must be assigned the interest calculation type Item interest calculation.
Last key date
After each interest calculation run, the program enters the upper limit of the calculation period into this field by batch input. This is the date you have specified for the calculation run.
Hope that helps...
Thanks,
Nandita
Assign points if helpful

G/L Interest calculation procedure

Balance Interest calculation
For term loan
Pls send any one G/L Accounts Interest Calculation procedure
Configuration
It is very urgent

Balance Interest Calculation: -
It is a calculation of Interest on total balance of an account or total balance of customer account. it is represented in "s".
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 transaction code:SE16
The Nine configuration steps for calculation of balance interest calculation are
1) Define interest calculation type (OB46)
2) Prepare account balance interest calculation (OBAA)
3) Define reference interest rates (OBAC)
4) Define time dependent terms (OB81)
5) Define or specify interest rates (OB83)
6) Create G L Accounts for Intesrest Gained and Interest allowed and Loan Account (FS00)
7) Prepare gl account balance interest calculation and Define automatic posting (OBV2)
8) Entry for Loan (F-02)
9) Run interest programm (f.52)
Step 01: Define interest calculation types (OB46)
Path: SPRO>FInancial Accounting New>Financial Accounting Global Setting New>Business Transaction> Bank A/C interest calculation>Interest calculation global settings>Define interest calculation types
Go to new entries
Interest Id (V1) put discription Name Interest calculation type (S) and enter it will take automatically balance interest for S
Make sure don't tick mark the box given and save it.
Step 02: Prepare account balance interest calculation (OBAA)
Path: SPRO>FInancial Accounting New>Financial Accounting Global Setting New>Business Transaction> Bank A/C interest calculation>Interest calculation global settings>Prepare account balance interest calculation
Go to new entries
Give calculation indicator as defined V1
Interest calculation frequency : 01 (1 month)
Calendar type : G (28-31/365)
Give number range : 03
Select balance plus interest.
Save
Step 03: Define reference interest rate (OBAC)
Path: SPRO>FInancial Accounting New>Financial Accounting Global Setting New>Business Transaction> Bank A/C interest calculation>Interest calculation>Define reference interest rates
Go to new entries
Reference interest rate : V1 (same as Interest Indicator)
Long text : 12%balanace interest
Short text : 12% balance interest
Date from : 01.03.2010
Currency : INR
Save
Step 04: Define time dependent terms (OB81)
Path: SPRO>FInancial Accounting New>Financial Accounting Global Setting New>Business Transaction> Bank A/C interest calculation>Interest calculation>Define time dependent terms
Go to new entries
Interest calculation indicator : V1
Currency key : INR
Effective from : 01.03.2010
Sequential no : 01
Term : Debit interest balance interest calculation
Reference interest rate : V1
Save
Go to new entries or F8
Interest calculation indicator : V1
Currency : INR
Effective from : 01.03.2010
Sequential no : 02
Term : credit interest balance interest calculation
Reference interest rate : V1
Save
Step 05: Enter Reference Interest Rate Values (OB83)
Path: SPRO>FInancial Accounting New>Financial Accounting Global Setting New>Business Transaction> Bank A/C interest calculation>Interest calculation>Enter interest values.
Go to new entries
Reference int. rate (V1)
values effective from (01.03.2010)
interest rate (12%)
Before creating GL account Go to T.Code: OBD4 to create secured loans account group.
Go to new entries
Chart of accounts a/c group name from account to account
Chart of Account 'TATA' secured loans 100300 100399
TATA INTR interest Expenses 400100 400199
TATA INTR interest Gained 300100 300199
Save
Step 06: Creation of G L Accounts (FS00)
G L A/C no : 100305
Company code : TATA (Tata Infotech)
Select create button
Account group : secured loans
Select balance sheet account
Short text : HSBC Bank Account
Long text : HSBC Bank Loan Account
Select control data tab
Select only balances in local currencies
Select open item
Select line item display
Sort key : 001
Select create/bank/interest tab
Field status group : G005
Select relevant to cash flow
Interest calculation indicator : V1
Save
Give G L A/C no : 400105
Company code : TATA
Select create button
Account group : interest
Select profit and loss account
Short text : interest Allowed
Long text : interest Allowed Account
Select control data tab.
Select line item display
Sort key : 001
Select create/bank/interest tab
Field status group : G001
Save
Give G L A/C no : 300107
Company code : TATA
Select create button
Account group : interest
Select profit and loss account
Short text : interest Gained
Long text : interest Gained Account
Select control data tab.
Select line item display
Sort key : 001
Select create/bank/interest tab
Field status group : G001
Save
Step 07: Define automatic posting account (OBV2)
SPRO>FInancial Accounting New>Financial Accounting Global Setting New>Business Transaction> Bank A/C interest calculation>Interest posting>Prepare G L A/C balance interest calculation
Go to accounts
Chart of accounts : TATA
A/C symbol currency G L A/C
0002 INR 400105 (interest Allowed)
2000 Inr 100305 (HSBC Bank Loan Account)
Save
Step 08: Entry for loan (F-02):
Give document date : 01.03.2010
Posting date : 01.03.2010
Type : SA
Company code : TATA
Currency : INR
Posting key : 40
G L Account : 200005 (ICICI bank a/c)
Enter
Amount : 50,00,000
Business area : IRON
Value date : 01.03.2010
Text : loan received
Posting key : 50
G L Account : 100305 (HSBC bank a/c)
Enter
Amount : *
Business area : IRON
Text : +
Save
Step 09: Interest calculation run (F.52):
Accounting>Financial Accounting>General ledger>Periodic Processing>Interest calculation>Balances
Give chart of accounts : TATA
G L A/C no : 100305 (HSBC Bank Account)
Company code : TATA
Calculation period : 01.04.2010 to 31.12.2012
Select leap year.
Select post also if value date in past
Select update master records
Execute
Go to system on menu bar.
Select services
Select batch input
Select sessions
Select RFSZIS00
Select process
Select display errors only
Again select process
The system gives the message: u201Cprocessing of batch input session completedu201D

Customer interest calculation on both open & cleared items

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