FICA - Security deposit interest calculation

Hi,
Currently our system calculates interests on deposit applied items up to it's clearing date i.e. interest gets calculated until deposit is returned to the customer. However we want calculate interest only until the date deposit is released. In order to do so, we need to track deposit release date. Does anyone know how can we track deposit release date or how can we make system calculate interest only up to the date deposit is released and not up to the date when deposit is returned?
Note - We usually perform annual mass interest runs in our system. So deposits get considered for interest calculations long after they are released and returned.
Thanks,
Amol

Hi Amol,
You can use FM FKK_DB_CASH_SECURITY_STATUS_GP.
Pass your SD no in X_Security to derive the status from Y_STATUS_TXT.
If paid, from TY_FKKOP_REQ, AUGBL display the Returned date.
Hope this helps
Rgds
Rajendra

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Can u instruct customization step by step procedure of Vendor Deposit interest calculation along with TDS calculation on it .
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Hi,
Pls check below link.
http://help.sap.com/saphelp_45b/helpdata/en/cf/6ff195414f11d182b10000e829fbfe/frameset.htm
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Hi Experts
I have raised a security deposit request and received payment against it. Interest on the cash security deposit was also calculated and it was also posted to contract account subject to Withholding tax assigned to it.
Now, i want to know from which tables will i be able to access the amount of Security deposit paid by the consumer, the amount of interest calculated on that Secuirty deposit and the amount of withholding tax on that interest?
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Hi Anwesha,
There are multiple tables where you can access the data releted to security deposits and the interest calculated against them.
FKK_SEC
FKK_SEC_REQ
Take the document no. from the above tables and go to DFKKOP, you will be able to find the payment amount (if any) against the SD line item in the clearing section.
Table DFKKIAPT will give you the interest information for the security deposit.
Take the interest document no. and go to DFKKOP to find out the With holding tax amount (Field-QBSHB).
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FICA Security Deposit

Hi folks,
I have a following scenario -
> Account has a cash security deposit request and a consumption receivable ( invoice ) posting
> Both the items are fully cleared by customer payment. Once cleared, start date of security deposit will be the date on which deposit is cleared (or payment has made)
> Then invoice is reversed (Since both, invoice and security deposit document had same clearing document, along with the invoice reversal, a reset clearing will be performed for cleared security deposit. Hence deposit request will become open again).
> Account maintenance is performed on account.
Running a account maintenance will clear the deposit request again however as per standard SAP code, start date of the deposit will be reset to the date on which account maintenance is done (i.e. start date will be changed to the latest clearing date of deposit request)
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Any inputs on how this can be done will be helpful.
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Hi Amol,
You can use FM FKK_DB_CASH_SECURITY_STATUS_GP.
Pass your SD no in X_Security to derive the status from Y_STATUS_TXT.
If paid, from TY_FKKOP_REQ, AUGBL display the Returned date.
Hope this helps
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How to calculate Customer security deposit interest calculation in the year end
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jyotsna

Self solved

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Long story short when I signed up with Verizon I was asked to pay a $400 deposit. I paid $300.00 using a Verizon gift card, and $100 using my CC. On 2/22/15 makes one year I have been with Verizon. I logged on now to my account to pay my bill but it says Paid In Full. I go to my payment activity, it says "A/P security refund -$380.00" then it says "security deposit applied $400" then it says "security deposit interest $1.27" . I am EXTREMELY confused, was the difference mailed to me or the entire deposit applied to my account? I called Verizon and the first rep I had transferred me to "home services"- no idea why then I was transferred to the financial department but somehow ended up at the main telephone prompt starting all over again. I am extremely frustrated. Can someone help?

You're eligible to receive your security deposit back at the end of 1 year of uninterrupted service or upon termination of your service. Uninterrupted service means you have kept your account in good standing and paid your bill in a timely manner for one year.
Your security deposit will be refunded in the form of a credit to your account. If the applied refund creates a credit, and you don't owe any other amounts to Verizon Wireless, you will receive a check for that credit balance.
From the FAQ I previously referenced.

Security Deposit Migration

I am getting following error when migrating Security Deposit.
Document line item without main or sub-transaction transferred
Its workign through FPSEC1.
Please help.
Regards,

Hi,
I assume that the main\sub used for migrating the Security deposit is different from that of the main\sub for creating the security deposits in SAP via FPSEC1.
In this scenario, you need to change the allocation of internal main\sub transaction from the normal main\sub to the main\sub combination used for migration.This is a pre-migration activity.
Go to the following path in SPRO-
Financial Accounting(New)>Contract Account Receivable & Payable>basic functons-->Positng & Documents->Document->maintain Account assignments->maintain tranasction for ISU->maintain transaction for Cash Security Deposit \interest.
Click on "Allocate transactions to internal transactions".
Look for the combination of
IMTR    ISTR
0020    0010
0020    0020
There will be a main\sub assigned to it. Change that combination to that you are using in conversion.Save it and then try to migrate it once.
Hope you will not get the error again........
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Amlan

Interest calculation on security deposit H

Hi,
I have configured the special GL Indicator H and i received the amount against the Indicator H against the Customer. Now i want to calculate the Interest on Security deposit.
1. it possible to calculate the interest on SD?
2. Same customer is applicable for open item interest.
If i am getting any answer it would be greatful for me.
Please i am waiting for your reply Eagerly.
Thanks
Sriram.

Dear Sriram,
It is possible:-
1.You have to create Interest Calculation Type for Customer SD Int Calculation say (R1)
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3.Go to Prepare Sp GL Transaction Interest Calculation (Maintain R1 - D - H - R1
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6.In OB83 define the rate of interest
7.Go to OBV3 and maintain Account Determination for Int Posting (Select Account Symbol for Posting Key and again Assign GL code to same Account Symbol)
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HI, Expert
I have calculate the interest on Security deposit Amount for the period 01.04.2010 to 30.06.2010 & payment the interst on 03.07.2010 & clear the open item but when I run the next period it is again calculate for 3 days ,My cleint requirement is after calculation of interest it is taking 1-7 days for payment the interest to customer/vendor, is it possible in configuration setting
regards
gk

Dear Sriram,
It is possible:-
1.You have to create Interest Calculation Type for Customer SD Int Calculation say (R1)
2.Go to OBAA and maintain R1 there.
3.Go to Prepare Sp GL Transaction Interest Calculation (Maintain R1 - D - H - R1
4.In OBAC Maintain R1and select from date
5. Define Time dependant interest terms
6.In OB83 define the rate of interest
7.Go to OBV3 and maintain Account Determination for Int Posting (Select Account Symbol for Posting Key and again Assign GL code to same Account Symbol)
8. Maintain R1 in the Customer master to whom Interest will be payable.
Then Run Interest calculation posting T Code:-f.52
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Alok

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Dear Expert,
Our client collect security deposit from dealers , at the year end our client provide them interest @ 5%,
Example:
our client received 50000 rs as security deposit , year end they providing 8% to the dealer , how can i make this process in sap, Kindly guide me is there any slandered configuration methods are available in SAP system ,
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Ajeesh.s

Dear Expert
Thank x for the quick response ,
i would like to add some more points about my requirement
while reviving security deposit , Client post a transaction in sap with H indicator
Party a/c Dr
to
XXXXX
at the year end They are providing interest amount to the party by posting below manual entry (They download all the H Indicator transaction from SAP & calculate interest manually)
Interest on Security a/c Dr
TDS Payable a/c DR( If the interest amount is more than 5000)
To
Party
This become a burden at the time of year end ,they want to make the interest calculation process in an automatic way , But am confused Hw can i add this TDS ( If the interest amount is more than 5000), kindly guide me
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Dear All,
I have a requirement of calculating interest at the time of invoicing.
I did the following configuration in spro:
SAP Utilities ->Invoicing->Invoice Processing->Define Control for additional invoicing functions
I clicked at the Int:Cash Security Deposit button.
But when I execute transaction EA10 (Creating invoice) , interest is not calculated on the security deposit.
All the configuration w.r.t interest calculation is correct.
Please let me know if anybody has any solution to this.
Warm regards,
Rahul

Hi Rahul,
To calculate interest on any line item, we have to assign a interest key to it.
Take the FICA document created for Security Deposit and open it into FPE2 and goto change document:Item and then click on Tab Dunn. Data. Provide the interest key over here and then RUN your invoicing.
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hi
We taken 100000/- from customer for security deposit purpose
I want to calculate Interest on this amount
So what is the configuration need?
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Hari.

Hi,
1.You have to create Interest Calculation Type for Customer SD Int Calculation say (R1)
2.Go to OBAA and maintain R1 there.
3.Go to Prepare Sp GL Transaction Interest Calculation (Maintain R1 - D - H - R1
4.In OBAC Maintain R1and select from date
5. Define Time dependant interest terms
6.In OB83 define the rate of interest
7.Go to OBV3 and maintain Account Determination for Int Posting (Select Account Symbol for Posting Key and again Assign GL code to same Account Symbol)
8. Maintain R1 in the Customer master to whom Interest will be payable.
Then Run Interest calculation posting T Code:-f.52
Regards

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Hi guys,
I have a customer invoice at 1000 rs after that i have been paid to customer for 5000 rs. The difference amount of 4000 rs (5000 - 1000 ) we have considered as a secured loan. So how can i calculated the interest on the 4000 rs only.
Please let me know the configuration steps with documentation.
Thanks
Ram

HEllo!
In the report RFINTITAR, you use the interest indicator customizing:
IMG   > Prepare Item Interest Calculation   > Ref. Date
(table V_T056UX)   > field Ref.
(FI Item Interest Calculation: Reference Date)
You have the possibility to define what You need to be considered as
incoming payment due date, choosing between:
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2 Document Date
3 Posting Date
4 Payment Baseline Date
As you can use one interest indicator per customer/vendor you can use only of the dates is used. But, in this
program you can use the BADI FI_INT_CUS01. Please, check if you can meet your business requirements using the methods
of the BADI.
REgards,
REnan

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Dear All,
I am creating a request for security deposit by transaction FPSEC1. In that I have maintianed interest key as "03-Exemption of Interest on Security deposit"
A statistical entry is getting posted in business partners account.
After that I am creating a check lot and posting payment against the above security depost request.
In the payment document generated by check lot the interest key is getting changed to "04-Interest on Security Deposit".
Please help me why the interest key entered in security deposit is not transferred to payment document. Any how this interest key is automatically determined in payment document.
Regards
Dishant Gajjar

Dishant:
Perhaps you should check your customizing for main/sub of 0020/0010 in table TE305. That is the new item generated by the payment receipt.
regards,
bill.

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Hi All,
While I am running the postings for Security deposit agreement commercial lease In. the tax is being calculated for the security deposit the tax has to be exempted while posting.
Experts please post any solution.
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Hi Arjun,
Hope you have not maintained any taxable tax code in the security deposit line item in the Lease in contract. If it is a required field, you may need to define/use appropriate tax code (for No tax).
Hope it helps.
Thx
Saroj

FICA - Security deposit interest calculation

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