Interest calculation on overdue amount payable to vendors

hi gurus
i have a doubt on interest calculation on overdue amount payable to vendors,can you tell me interest calculation procedure.

hope below link are useful"
http://www.sap-basis-abap.com/sapfj001.htm
http://help.sap.com/bestpractices/BBLibrary/Documentation/J03_AR_BPP_05_EN_SG.doc
pls assign points as way to say thanks

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Interest calculation on overdue customer open items

Hi.
I need to calculate the interest on the customer overdue open items. for that i have configured the following steps.
OB46 - Interest Settlement Calculation Type
OB82 - Interest Terms
OBAC - Define Reference Interest Rates
OB83 - Enter the Reference Interest Rates Value
OB81 - Define Time Dependent Terms
OBV1 - Prepare Interest on Arrears Calculation
I have assigned the interest inidicator in the customer master record.
Now when i run the interest calculation using FINT, it is giving me the error " Problem class very important" and showing as "No records selected".
Can anyone help me in this issue.
Regards,
Padmavathi

Dear Mauri,
Now i got the issue solved.
In the step Prepare item interest calculation, i have given the ref date as 3 - positng date so only system is not picking the open items.
Now i changed it to 4 - Payment baseline date. its done.
Thanks.
Regards,
Padmavathi

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

Pending Rentention amount payable to vendor

Is any procedure or report where we can get the retention amount which is not paid to the vendor?

Hi,
Use FBL1N only - while posting Vendor Invoice system will automatically split line items as per our retention Process /configuration with Payment Block
it will show in Vendor ledger FBL1N
Thanking you
Mahesh

Vendor Interest calculation

Dear All,
We have some requiremnt from my client.
We receive Deposit from our Loan Creditor for a specified period and refund/payback the amount along with interest after completion of the tenure of the deposit.
Meanwhile,if the depositor wants to withdraw the principle amount then the following are the scenarios,
In case the deposit is withdrawn after 6 months but before 18 months, then the rate applicable for ONE year shall be taken and 1% penalty should be deducted and interest shall be recalculated for the period for which the deposit is run and excess interest paid (if any) is to be deducted from the interest/principal.
In case the deposit is withdrawn after 18 months but before 30 months, then the rate applicable for TWO year shall be taken and 1% penalty should be deducted and interest shall be recalculated for the period for which the deposit is run and excess interest paid (if any) is to be deducted from the interest/principal.
In case the deposit is withdrawn after 30 months but before 36 months, then the rate applicable for THREE year shall be taken and 1% penalty should be deducted and interest shall be recalculated for the period for which the deposit is run and excess interest paid (if any) is to be deducted from the interest/principal.
Also we want the applicable tax should be deducted on interest and the net interset amount should be credited to depositoru2019s account once we are execute the (period specific) interest calculation run in SAP.
The entry must be
Interest on Fixed Deposits Dr
Interest Payable on Fixed Deposits (Net of TDS, if applicable) Cr
TDS on Interest Payable CR
Do suggest,how this can been config in SAP system.
Appreciate your time and patience.
Regards,

Hi
asset accounting is not the right place for this inquiry, as asset accounting does not vendor interes calculation.
Blaz

VENDOR LINE ITEM INTEREST CALCULATION

Hi Friends.
I configured all the settings relating to the line item interest calculation on vendor line items with interest calculation frequency as 1 month.
When I run the program for the first month by using T.code F.47 by specifying the from date and to date, the system is calculating interest amount correctly but when I run the same program for the second month by specifying the from date and to date, the system is calculating interest for the current month as well as the previous month.
Please respond.
Regards.
Srini

Hi Venkat,
The system takes the open items into consideration when calculating the interest. May be the open items that were there in the first month still continue to be existing during the current month also. Try clearing some of the previous month's open item and run the program. You should see some difference in the interest calculation.
Thanks,
P.k

Vendor Interest calculation with penalty calculation

Dear All,
We have some requiremnt from my client.
We receive Deposit from our Loan Creditor for a specified period and refund/payback the amount along with interest after completion of the tenure of the deposit.
Meanwhile,if the depositor wants to withdraw the principle amount then the following are the scenarios,
In case the deposit is withdrawn after 6 months but before 18 months, then the rate applicable for ONE year shall be taken and 1% penalty should be deducted and interest shall be recalculated for the period for which the deposit is run and excess interest paid (if any) is to be deducted from the interest/principal.
In case the deposit is withdrawn after 18 months but before 30 months, then the rate applicable for TWO year shall be taken and 1% penalty should be deducted and interest shall be recalculated for the period for which the deposit is run and excess interest paid (if any) is to be deducted from the interest/principal.
In case the deposit is withdrawn after 30 months but before 36 months, then the rate applicable for THREE year shall be taken and 1% penalty should be deducted and interest shall be recalculated for the period for which the deposit is run and excess interest paid (if any) is to be deducted from the interest/principal.
Also we want the applicable tax should be deducted on interest and the net interset amount should be credited to depositoru2019s account once we are execute the (period specific) interest calculation run in SAP.
The entry must be
Interest on Fixed Deposits Dr
Interest Payable on Fixed Deposits (Net of TDS, if applicable) Cr
TDS on Interest Payable CR
Do suggest,how this can been config in SAP system.
Appreciate your time and patience.
Regards,

Dear All,
Stil;l expected some inputs on our req.
Do comment
Regards

FINT interest calculation on cust overdue items from net due date required

Hi.
I am running FINT option i am running interest calculation from net due date onwards whereas the system is calculating the interest from Next date of due date.
For example: Customer invoice is raised on 01.01.2011 and Net due date is 01.01.2011. I gave the option in the interest calculation - SPRO - FINANCIAL ACCOUNTING(NEW) - ACCOUNTS RECEIVABLE AND ACCOUNTS PAYABLE - BUSINESS TRANSACTIONS - INTEREST CALCULATION - PREPARE ITEM INTEREST CALCULATION, Ref date as as 1 - Value date (Baseline date from Net Payment).
Still the system is calculating the interest from 02.01.2011 instead of from 01.01.2011.
Can anyone help me in this regard.
Regards,
Padmavathi

Hi,
We can calculate interest on items cleared with in the calculation period.
When you are calculating interest on open items, system will check open items as on the Calculation Date.
But if you want to calculate Interest on items cleared with in the calculation period., you have to check Calculate Interest on Cleared Items also.
For Instance: If you are calculating Interest on 31st July for the period of 01.07.2009 to 31.07.2009, in this case
some open items are already cleared with in this calculation period, even though you have to calcuate interest for those cleared items for that many days. System will calculate interest for that many days.
Try with this option, still if you need any help please let me know.
Thanks
Chandra

Interest calculation on vendor's due line items

Hi Experts,
Kindly help ne to configure Interest calculation on SME types of vendor's line items which are due for payment.
Regards,
Kuldeep Dubey

Dear Ashok,
thnks, pts assigned, but prob not solved.
<u><b>if possible pl give the entire steps for me to check & may be 1 scenario</b></u>
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

Interest calculation for vendors

Hello gurus,
                 In interest calculation for vendors, In interest on arrears calculation(vendors) t-code (obv9) Here wht we have to configure the steps, like Infirst step i had given,,
Account symbol             Currency                 G/l Account
0002                                  inr                       40009(interest)
Then second step wht i have to give for vendors,, if it is general ledger we will give 2000(g/l a/c paid).
My question is wht we have to give in second step......For Vendors...
Regards,
Assign Points.

Hi,
vendors and customers interest is p type.and it is item interest calculation. The t.code f.2a, f.2b. Try with this.
If helpful assign points,
Rams

Interest calculation on vendor down payments

With reference to above subject, I have configured all the settings, after that i was executed vendor interest calculation in F.4A, system showing batch in put session created.But it is not showing intrest break up...
after that I had run the batch input session in SM35 with foreground, but i will not generate any accouning document.
Thanks&regards
suresh

hi
In further selections have u checkd the special G/L indicator, and Check whether form has been properly assigned.
Cheers
Muralidhar
To say thanks reward points
Message was edited by:
Murali dhar

Balance interest calculation on vendors

Hi,
Is it possible to calculate interest on vendor balances?
I did all the settings for interest calculation and assigned the interest indicator to the vendor master. When I run the interest calculation program (Free Selection) a batch input session is generated but ZERO transactions are processed in the session. I made a vendor posting as well as a part payment. I want to calculated interest on the open items.
Please advise.
Thanks in advance
Raj

Dear Raj,
are You asking if it is possible to calculate the interest on items (on arrears) on vendors?
The answer is yes.
You should use the report RFINTITAP. There is an old one RFKUZI00 but please use the new one; You can use the transaction FINTAP as well.
There are a lot of steps to do: create an interest indicator linked to P (interest calc. type) --> ITEM INTEREST CALCULATION, then You to define the item selection by IMG -->
Prepare Interest on Arrears Calculation
Prepare Item Interest Calculation
and then customize the following steps:
Define Time-Based Terms
Interest on Arrears Calculation (Vendors)
Then insert the relevant interest indicator into the vendor master data.
I hope this can help.
Mauri

ITEM INTEREST CALCULATION ON VENDOR AND CUSTOMER

Dear all,
how to calculate Item interest calculation on Vendors and customers
what is the configuration need? please let me know it is very needful for me
Thanks in advance.
Regards,
Ram.

in ob46 we maintain int calculation types under that u can maitain int indicatro name int calculation type(P)and save
after that u can prepare itme balance interest calculation(path spro/f/a/ap&ar/business transactions/int calculation/int calculation global settings/prepare item int calculation) here
u can enter int indicator select open itmes check box enter calander type etc.
define referance itn rates obac here u can enter ref int rate long text short text date from currency and save
define time dependent terms ob81 here u can enter int indicator currency effective from sequential number term(u can select item int calculation) ref address rate etc.
enter int values ob83 here u can enter reference int indicator from date and percentage save.
if u have any doubt let me know.

Interest Calculation on Vendors

Hi,
while excecuting the batch input for inetrest calculation on vendors system not updating the with holding tax after completion of the transaction from f.44. but it has to calculate the tax.
kindly send me solution how many way's it will be.
Thanks & Reg
malli

Dear Raj,
are You asking if it is possible to calculate the interest on items (on arrears) on vendors?
The answer is yes.
You should use the report RFINTITAP. There is an old one RFKUZI00 but please use the new one; You can use the transaction FINTAP as well.
There are a lot of steps to do: create an interest indicator linked to P (interest calc. type) --> ITEM INTEREST CALCULATION, then You to define the item selection by IMG -->
Prepare Interest on Arrears Calculation
Prepare Item Interest Calculation
and then customize the following steps:
Define Time-Based Terms
Interest on Arrears Calculation (Vendors)
Then insert the relevant interest indicator into the vendor master data.
I hope this can help.
Mauri

Vendor Deposit Interest Calculation

Dear All
Can u instruct customization step by step procedure of Vendor Deposit interest calculation along with TDS calculation on it .
Thanks in advance.
VG.

Hi,
Pls check below link.
http://help.sap.com/saphelp_45b/helpdata/en/cf/6ff195414f11d182b10000e829fbfe/frameset.htm
Regards,
Anil

Interest calculation on overdue amount payable to vendors

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