F.24 - Calculation on Interest on Arrears

I execute F.24 by credit controlling area. after processing batch for credit control area #1, last key date (KNB1-ZINDT) is updated. I want to process F.24 for credit control area #2 but the system sees in last key date filled and sees nothing to process.
any ideas?

Hi,
You will have to use FINT for processing Interest Calculation.
Hope this info helps.
Regards,
Venkat

Similar Messages

Create a program for Automatic calculation of Interest on arrears for Custo

Hello Experts,
Please Check the below requirement and guide me according ly..
Upto now our client is preparing the interest manually in excel and later they issue the invoice in Finance module (DR document) and attach the paper with the calculation.
Now they would like to have an automatic process for all the customers with the exception of the Intercompany.
The keys indicator will be:
Interest term:
Capital     * Days of delay/ 360     * interest rate(see table)
                  (Legend days of delay= new duedate agreed - original duedate of invoice)
-Calculate interest based on line items (open items and items cleared with a payment)
-Calendar: 360 days
-Transfer days: zero
-Tolerance days: zero
-Interest processing: amount limit 20u20AC
-Posting;
      Terms of payment: blank (to be define case by case)
      Tax code: VJ NS Art 15 I comma
The interest will be registered only if we have posted the invoice in the system.
I confirm that the account number will be 5401000 cost center     C010100238
Please suggest me how we can develop a programme
Thanks in advance,
Satya

Hi,
You need to configure INTEREST CALCULATION setup in system in order to automate the posting interest to customers / vendors.
[Interest Calculation |http://wiki.sdn.sap.com/wiki/display/ERPFI/Interest+Calculation]
Regards,
Srinu

AR Calculation of Interest on Arrears Noted Item Creation

Hello Experts,
At the time of Interest calculation on Customer open items , only noted item with special GL needs to be created instead of posting to customer account
Kindly let us know is there a way in SAP.
Regards
Vikram K

Hi,
In Business transaction 1000 we tried customizing both posting key and special GL indicator .
But based on this, the posting is happening to customer account with special GL indicator but where as the requirement is only creation of noted item but not posting.
Regards,
Vikram K

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,
Rachel

Hi,
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.

Interest on arrears configuration

Hi all,
I am trying to use the interest on arrears calculation function to charge interest for customer overdue item.
However, I am a bit confused on how the interest rate is linked to the interest indicator as there are so many reference interest rate and i could not find the linkage of which reference interest rate is used to calculate the interest charged.
Can anyone help?
Thanks!
Regards,
Hoay Ling

Hi all,
I am trying to use the interest on arrears
calculation function to charge interest for customer
overdue item.
However, I am a bit confused on how the interest rate
is linked to the interest indicator as there are so
many reference interest rate and i could not find the
linkage of which reference interest rate is used to
calculate the interest charged.
Can anyone help?
Thanks!
Regards,
Hoay Ling
hi,
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.
Second, make it available 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
·     OB84 - Assign forms for interest indicators.
·     F.2B - Arrears interest calculation
Arrears Interest Caliculations of customers:
Define Interest Calculation Type : OB46
Define No Ranges for Interest Form : FBN1
Define Reference Interest Rate : OBAC
Define time based terms : OB81
Enter Interest values : OB83
Prepare Interest on Arrears calculation : OB82
A/R Calculation of interest on arrears : OBV1
Assign forms for interest indicator : OB84(standard form is
Arrears Interest : F.2B

Calculate Interest on arrears

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

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
*assign points if useful

Post interest on arrears to the branch account

Hi,
I have assigned customer code A001 in the head office field in customer master data for A001B1. When I run F.2B for interest on arrears, only 1 document is posted for the interest for both head office and branch account.
However, the interest for branch and head office should be posted separately to the respective account. How can this be done?
Please advice.
Thanks.
Rgds,
Hoay Ling

Hi all,
I am trying to use the interest on arrears
calculation function to charge interest for customer
overdue item.
However, I am a bit confused on how the interest rate
is linked to the interest indicator as there are so
many reference interest rate and i could not find the
linkage of which reference interest rate is used to
calculate the interest charged.
Can anyone help?
Thanks!
Regards,
Hoay Ling
hi,
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.
Second, make it available 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
·     OB84 - Assign forms for interest indicators.
·     F.2B - Arrears interest calculation
Arrears Interest Caliculations of customers:
Define Interest Calculation Type : OB46
Define No Ranges for Interest Form : FBN1
Define Reference Interest Rate : OBAC
Define time based terms : OB81
Enter Interest values : OB83
Prepare Interest on Arrears calculation : OB82
A/R Calculation of interest on arrears : OBV1
Assign forms for interest indicator : OB84(standard form is
Arrears Interest : F.2B

''Prepare interest on arrear calculation''

Dear Sap Gurus,
Under Prepard interest on arrears calculation there are 4 options available 1. open and all cleared items, 2.open items and items cleared with payment, 3.no open items -all cleard items, 4.no open items -only items cleared with a payment. My doubt is When and where we have to use these options. Could you explain with examples.
Thanks in advance
Thanks&Regards,
Periasamy.M

Usuallu we select Open and All Cleared Items
Remaining options purely based on the client interest calculation requirements.

"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 on arrears default doc type

Hi all,
Can I set a default document type for interest on arrears calculation (F.2B)? If yes, where do I do that?
Thanks.

Dear,
Please go to OBV1/OBV2/OBV3 and from menu goto->doc type

Calculation of Interest on Security Deposits Maintained with Vendors

Hi Friends,
We have some problem on Line Item Interest calculation.
We want to calculate Interest on Security Deposits(Spl GL) given to Vendors.
There is no Interest on Normal Items.
When we run Interest (f.47) it not calculating on cleared items eventhough we select interest for all items.
Example:
We paid Deposit on 01.01.2007 an amount of $10000
We recieved back total amount of Deposit($10000) on 15.02.2007
and when we run interest run (f.47) its not calculating any interest.
But we want to calculate interest for the period the deposit outstanding i.e. from 01.01.2007 to 14.02.2007.
Can any one help us in this regards,
Thanks in Advance,
Purnachandra RM
null

Hi
You may like to check the config from the below angles :
1) interest payment is produced if the credit interest (because of interest calculated on items paid before the due date) is greater than the debit interest.
2) Calculate interest on items paid before due date
Indicator which means that credit interest is calculated for items paid prior to their due date, provided that the item paid was not subject to a cash discount. Interest is calculated using credit interest rates.
Note
The system calculates credit interest only on those clearing transactions where all payments were made before the due date. If you do not select this option for those transactions then the items are ignored.
This option has no effect in the case of clearing transactions where payments are made both before and after the due date. For transactions such as these, interest is always calculated on the basis of debit interest.
For partial payments and down payment offsetting items that are made before the due date of the invoice, interest is calculated from the document date if this indicator is set. If it is not set, interest is calculated from the due date of the invoice.
3) Calculate Interest as of Due Date for Net Payment
Indicator which means that interest is calculated as of the due date for net payment; otherwise, you pay interest as of the settlement period lower limit (if the due date for net payment is before it) or as of the date of the last (according to the master record) interest caluclation (if the corresponding parameter is set).
Regards
S

Interest on arrears calculation

Hi all,
I would like to set the interest calculation for customer in the following way, can this be done? please advice.
If the customer line item is due during the month and the payment is received after the due date, when i run the interest calculation at end of the month, I do not want this item to attract interest although it is already due when the customer paid. How can this be done?
I have selected Open item and No cleared items in the item selection in Prepare item interest calculation SAPLFI_INTVW. However, when i run F.2B, the system still calculates the interest for this particular cleared item.
Please advice.
Thanks.

Thanks for the info but I am using F.2B and not FINT. Thus not able to view through FINTSHOW.
Is there anywhere I can view previous interest run if i use F.2B to run the interest calculation?
Thanks.

FI Debit Note (interest on arrears) printed immediately

Hello all.
We've activated interest calculation on arrears. We use t-code FINT.
The system automatically posts a debit note and prints interest calculation detail.
What we would like was the following: while running fint we'd like to obtain simultaneously debit note print and interest calculation detail. At the moment we can only print debit note later through F.65.
Best regards
Joana Trigo

Dear Nikhil,
Thank you again for your suggestion. At first, I was thinking of two independent forms because we're already printing debit notes, they've been developed in sapscript and i did not intended to create a new form in smart forms. So, that was the reason i wanted to obtain the prints through two different transactions - we print debit notes through f.62.
I've already talked to our programmer to see if he could change the smart form in order to obtain simultaneously debit note and interest doc detail. We just have to be sure that all the information is there.
It is a great tip and we'll try that way.
Best regards and thank you very much for your time and help.
Joana

Calculation of Interest Charges to be monthly not every day via T code FINT

Hi There;
I made system configuration and the T code FINT is calculating Interest charges on customer account. There are two requirements from client.
1- The calculation could be made i through background job.
2- The program is calculating interest on dialy basis. While the requirement is it should calculate the interest on monthly basis.
Further, I also noticed that the program doesn't consider the partial payment received from customer, rather calculates interest on amount due not the remaining balance. I tried with both method i.e. "Arrears" and "Balance" but giving me the same result.
Your help is highly appreciated.
Thanks
Arshad

Hi Parag;
Thank you for reply.
I tried to maintain the values as you mentioned in your mail. But the system is not letting me to maintain Calendar Type "G" with a check mark on "Month -end Indicator" field. I tried with "J" Calendar type to see if it could calculate the interest for 30 days even the program is being executed after 45 days or 20 days. The requirement is in either case the program should calculate interest for whole month.
I am using T code FINT to calculate interest on customer over dues. Still the program is claculating the interest based on the date of execution. While if it is restricted to execute monthly in config the program should only do it on monthly basis. Which is not hapenning right now. I think I am still missing somthing.
Once again I appreciate your help and time. Please let me know if you have a solution to this issue.
Thanks
Arshad

Calculation of Interest on overdue witholding taxes

In my scenario the interest needs to be calculated on the overdue payments that have not yet been paid by the client to the goverment of TDS so deducted by the system. The interest needs to be calculated from the 7th of next month till date the amount is actually paid. The tds so deducted in the period 1-7th of the month will not be liable for interest calculation. Again in the next month the same cycle needs to be repeated for interest calculation.
Can anyone help me out if how to achieve the same.
Regards,
Anurag Gupta

Hi
You may like to check the config from the below angles :
1) interest payment is produced if the credit interest (because of interest calculated on items paid before the due date) is greater than the debit interest.
2) Calculate interest on items paid before due date
Indicator which means that credit interest is calculated for items paid prior to their due date, provided that the item paid was not subject to a cash discount. Interest is calculated using credit interest rates.
Note
The system calculates credit interest only on those clearing transactions where all payments were made before the due date. If you do not select this option for those transactions then the items are ignored.
This option has no effect in the case of clearing transactions where payments are made both before and after the due date. For transactions such as these, interest is always calculated on the basis of debit interest.
For partial payments and down payment offsetting items that are made before the due date of the invoice, interest is calculated from the document date if this indicator is set. If it is not set, interest is calculated from the due date of the invoice.
3) Calculate Interest as of Due Date for Net Payment
Indicator which means that interest is calculated as of the due date for net payment; otherwise, you pay interest as of the settlement period lower limit (if the due date for net payment is before it) or as of the date of the last (according to the master record) interest caluclation (if the corresponding parameter is set).
Regards
S

F.24 - Calculation on Interest on Arrears

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