Interest calculation on Customer Debit Balance

Hello all,
I have a unique scenario where we pay the interest to the customer on their Debit Balance ( Balance of customer over payment) e.g. Customer invoice is open for $100 but customer send us $150, so we will pay the interst on $50,. I dont want to charge any interest on the over due invoices instead of that I wanna pay the interest to them on the un-applied payment.
Can somebody help on this unique scenario?
Thanks in advance

Mauri,
Thank for your reply, let me correct myself little, I appogized I used " Debit" instead of "Credit". So the corrected question should be
I have a unique scenario where we pay the interest to the customer on their Credit Balance ( Balance of customer over payment) e.g. Customer invoice is open for $100 but customer send us $150, so we will pay the interst on $50,. I dont want to charge any interest on the over due invoices instead of that I wanna pay the interest to them on the un-applied payment (Only Credit balance)
Can somebody help on this unique scenario?
Thanks in advance
Hello all,
I have a unique scenario where we pay the interest to the customer on their Debit Balance ( Balance of customer over payment) e.g. Customer invoice is open for $100 but customer send us $150, so we will pay the interst on $50,. I dont want to charge any interest on the over due invoices instead of that I wanna pay the interest to them on the un-applied payment.
Can somebody help on this unique scenario?
Thanks in advance

Similar Messages

Customer Debit balance is reclassified

Hi, all:
My issue is: customer debit balance is reclassified (tcode: FAGLF101) ? Why?
My configuration as follows:

Dear Sreebha,
You can check the settings as mentioned by Ankur.
If the credit check is required in sales order level , check in OVAK whether the credit group and D(dynamic credit check ) is assigned to your sales order type.
If the credit check is required for delivery/PGI in SPRO.IMGSALES & DISTRIBUTION> BASIC SETTINGS> CREDIT MANAGEMENT--> Credit limit check for delivery types
Check whether the sales area you are making the sales order have a credit control area in ovfl.
After this configuration checks, you can check in FD32 whether the credit exposure is 0 and also the the
risk category is assigned.
If the configurations and master data are perfect, then run RVKRED88/RVKRED77/F.28 for the customer code .
Please check and revert back.
Also please go through the forum and be sure you have not missed any credit control configuration settings.
Thanks & Regards,
Hegal K Charles

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.

How to fetch the customer debit balances form the KNC1 database table

Hi Experts,
I am creating a ABAP report which would dispaly the customer credit balances for the currenct fiscal year.
I am fetching the values form KNC1 database table.....But in this table values are stored year wise.
But I want to display for the current fiscal year that means if teh user selects the 07/2011 as the month on the sleection screen then the debit balances from 072010 to 062011 should be dispalyed.
Could anyone please help me out to fetch this the debit balaces form KNC1 database table in the above format.
Or is there any other way to solve this problem?
Awating your urgent reply.
Many Thanks,
Komal.

Hi Komal,
First, you have to compute the initial period and the final period.
Next, you must read table KNC1 for the years comprised between these two periods.
Last, you must read the fields of table KNC1. For that, you should compose dynamically the name of the field, and then ASSIGN it to a FIELD-SYMBOL.
Now, just add up the values!
Please try the following code:
FIELD-SYMBOLS: <fs>.
DATA: t_knc1 TYPE TABLE OF knc1 WITH HEADER LINE.
DATA: d_debits LIKE knc1-um01s.
PARAMETERS: p_kunnr LIKE knc1-kunnr,
            p_bukrs LIKE knc1-bukrs,
            p_spmon TYPE spmon.
DATA: l_fieldname(20) TYPE c.
DATA: l_date LIKE sy-datum,
      l_date_from LIKE sy-datum,
      l_date_to LIKE sy-datum.
DATA: l_period(2) TYPE n.
DATA: l_num_times TYPE i.
START-OF-SELECTION.
"Compute the initial and final periods
CONCATENATE p_spmon '01' INTO l_date.
CALL FUNCTION 'RE_ADD_MONTH_TO_DATE'
    EXPORTING
      months = '-1'
      olddate = l_date
    IMPORTING
      newdate = l_date_to.
CALL FUNCTION 'RE_ADD_MONTH_TO_DATE'
    EXPORTING
      months = '-12'
      olddate = l_date
    IMPORTING
      newdate = l_date_from.
"Read table KNC1
SELECT *
    INTO CORRESPONDING FIELDS OF TABLE t_knc1
    FROM knc1
    WHERE kunnr = p_kunnr
      AND bukrs = p_bukrs
      AND gjahr BETWEEN l_date_from(4) AND l_date_to(4).
"this will yield at most 2 records, one for present year, and another one for the previous year.
"but if you select i.e. period '01.2012', initial_date = '01.01.2011' and final_date = '31.12.2011'
" --> thus only one year --> one record
CLEAR: d_debits.
LOOP AT t_knc1.
" If there's no year change
    IF l_date_from(4) = l_date_to(4).
      DO 16 TIMES.
        l_period = sy-index.
        CONCATENATE 'UM'      "compute dynamically the field name
                    l_period
                    'S'
          INTO l_fieldname.
        ASSIGN COMPONENT l_fieldname OF STRUCTURE t_knc1 TO <fs>.   "assign
        ADD <fs> TO d_debits.                  "and add up
      ENDDO.
    ELSE.
" If there IS a year change
      IF t_knc1-gjahr = l_date_from+0(4).
        l_num_times = 16 - l_date_from+4(2) + 1.    "you must loop 16 - initial_period + 1 times for the first year
        DO l_num_times TIMES.
          l_period = sy-index + l_date_from+4(2) - 1.
          CONCATENATE 'UM'                "compute dynamically the field name
                      l_period
                      'S'
            INTO l_fieldname.
          ASSIGN COMPONENT l_fieldname OF STRUCTURE t_knc1 TO <fs>.    "assign
          ADD <fs> TO d_debits.              "and add up
        ENDDO.
      ELSE.
        l_num_times = l_date_to+4(2).            "you must loop final_period times for the second year
        DO l_num_times TIMES.
          l_period = sy-index.
          CONCATENATE 'UM'               "compute dynamically the field name
                      l_period
                      'S'
            INTO l_fieldname.
          ASSIGN COMPONENT l_fieldname OF STRUCTURE t_knc1 TO <fs>.     "assign
          ADD <fs> TO d_debits.        "and add up
        ENDDO.
      ENDIF.
    ENDIF.
ENDLOOP.
You'll have the result on variable 'd_debits'.
I hope this helps. Kind regards,
Alvaro

Interest calculation on customer over due invoices

Hi friends,
I have the following requirement.....
As per the Payment terms the customer invoice is due after 60 days.
After that the interest should be calculated from 31st day of the invoice.
System calculates the interest only for overdue days i.e from 61st day to the interest calculation day.
But the requirement is that once the invoice crosses 60 days, the interest should be calculate from 31st day to the interest calculation date.
Any idea kindly suggest me how to do this in SAP.
Thanks in advance
ssp

HI
can check by giving 31 in No. of days column..

Customer debit balances

Hi,
I have a question for t.code. F.27. Usually we use this t.code to generate account statements for debit balances. What t.code we can use to send account statments for credit balances?
Any suggestions.
Thanks
Moid
Message was edited by:
Moid Siddiqi

Hello Vikram,
Thanks for your reply but what I have suppose to do there?
To my understanding we have to copy and then modify SAP standard correspondence type / program to generate customer account statement as per our credit balance report requirement.
FYI - our requirement is that if we have customer credit balance that exceeds debit balance (1000 CR Balance and 800 DR balance comes to 200 CR balance) then we would be able to generate customer account statement.
Any thoughts
Moid

Interest calculation on overdue,credit balance & cash dicount

Hi gurus
we need to calculate the over due interest, interest on credit balance & cash discount on the customer balance thru system. What are the configuration settings required& also for reporting purpose what we need to do.Please explain in details
Thanks
shivaji

To be able to post cash discounts, you must define an account determination for cash discount taken and cash discount granted.
For cash discount taken, choose:
Financial Accounting ® Accounts Receivable and Accounts Payable ® Business transactions ® Outgoing payments ® Outgoing payments Global Settings ® Define accounts for cash discounts taken
For cash discount granted, choose:
Financial Accounting ® Accounts Receivable and Accounts Payable ® Business transactions ® Incoming payments ® Payments Receipt Global Settings ® Define accounts for cash discounts granted
Please refer to the R/3 library and the IMG documentation for more details.
You may also want to use payment terms suitable for you business processes to trigger the automatic calculation of cash discount amounts

Interest calculation on customer

Hi Experts,
Business requirement is to calculate the interest on different rate for the same customer with line item wise.Suppose for one item interest would be 10% but other item it would be 12% for the same customer.If I configure interest cal.indicator FY for 10% and FZ for 12% but we have only one field to assign it in the customer master data (FY or FZ).Please assists how can we calculate to different line item with two different rates for the same customer.
Regards,
D

Dear Danish,
unfortunately It is not possible to link the customer to two different interest indicators.
Therefore You have to use a workaround.
If You want to reach Your goal, You should run the transaction FINT for the 10% interest indicator that You inserted into the customer master data.
It is clear that by dynami selection You have to filter the documents You need to calculate at 10%.
Then You should change the interest indicator into Your customer master data from 10% to 12% one and run again the FINT transaction for the other documents.
No other options are available.
I hope This can help.
Mauri

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

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.

Interest indicator on customer

Hi
Suppose customer does not make payment in with in the due date.
at that time, we want to calculate interest on outstanding amount.
what is the process
please
thanks
vas

Dear Vas,
to build up the interest calculation settings, You have to go to IMG --> Financial accounting >Financial Accounting Global Settings>Accounts Receivable and Accounts Payable>Business Transactions> Interest Calculation
and to customize all the relevant points:
Define Interest Calculation Types
Prepare Interest on Arrears Calculation
Prepare Item Interest Calculation
or
Prepare Account Balance Interest Calculation
then You have to define
Prepare Account Balance Interest Calculation
Define Time-Based Terms
Enter Interest Values
then define into the posting part
A/R: Calculation of Interest on Arrears where You have to link the G/L Account to
the symbols and to the currency
Then You have to link the interest indicator to Your Customer master data under the TAB "Account management" and run the report
RFINTITAR (FINT transaction)for customers of RFINTITAP (FINTAP transaction)for vendors.
These reports use the Form F_INTITAR_SF SMARTFORM.
I hope this can help You.
Mauri

Interest Calculation base days

Dear All,
I have configured interest calculation for line item & balances with the calender type as G.
During the execution of FINT, system consideres base days as 366. Our fiscal year is April 2008 - March 2009. Summing up the days it is only 365.
Please let me know the solution so that system calculates the interest based on 365 days.
Thanks & Regards,
Ajay Gupte

HI
WHAT EVER CONFIGURED NO NEED TO TAKE IN TO CONSIDRATION EVERY TIME.AS PER DAYA PER ANNUM U NEED TO TAKE
FOR EXAMPLE DAYS IN A YEAE LIKE 365 OR 366
GO TO OBAA
SELECT INTETEST CALCULATION INDICATOR OR ACCOUNT NUMBER
PRESS ON DETAILS BUTTON
GO TO CALANDER TYPE GIVE WHAT EVER U WANT
B 30/360
J 30/365
F 28,..,31/360
G 28,..,31/365
I .E AS PER U R REQUIREMENT
DO THE SAME IN GOLDEN CLINET AND TRANSPORT TO QUALITY LATER TRANSPORT TO PRODUCTION
I THINK NED FULL
SUMATHI
ACCENTURE

FSV- Profit as a Debit balance

Dear Gurus
I am facing the problem in FSV ,
I am using one FSV ( ob58)for both balance sheet and profit and loss account ,my P & L statement I am getting the profit as credit balance , this balance I have to carry forward to my reserve and surplus in liabilities, but system is calculating and showing debit balance in the P & L Result , after lot of R & D I am posting this issue, I donu2019t know where I did a mistake , can anyone give me some inputs.
Regards
Sri

Hi,
I tell you the logic of Retain earning account, hoping this will help in solving the issue
Example
You have opening balance in Retain Earning account -1000 Rs
During the year the difference between Income & Expenditure is -5000Rs (You will get this value in (FAGLGVTR).
So when you run the Balance Carry forward system will carry forward (-1000 +(-5000) = -6000 ) as opening balance in next year in Retain Earning account.
So if you want to Transfer the value to Share holder fund then you have to pass transfer posting.
Hope this will help.
Regards,
Shayam

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.

Arrears Interest Calculation on AR Balances

Hi,
I am trying to calculate the Interest on AR Balances and was able to successfully post the entries also. But the problem is the next month when I am running the interest calculation, I want the system to avoid calculating Interest on the document posted for Interest Charges last month to the customer account.
For example, I have an open item when the first time I calculate Interest. The programs calculates Interest and posts a document. Next month, I want the system to calculate interest only on the original invoice or just the invoices, but not on the document posted for Interest, last month.
Thanks,
Madhav

Hi,
Took an alternative approach to resolve the problem. Created a seperate document type for posting the Interest Journal Entries and when executing the Interest Calculation, excluded this document type.
Thanks,
Madhav

Interest calculation on Customer Debit Balance

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