**Interest calculation procedure- Customers***

Folks,
Please let me know the procedure to calculate interest on customers.
Regards,
Varma

This configuration allows you to charge interest on overdue customer accounts. Interest can be calculated by using the line items or overall account balances. SAP keep tracks of the date of the last interest run and stores it in the customer master record. 
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.
Secornd, make it avaliable 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

Similar Messages

  • What are the custimization steps to run interest calculations for customers

    Hi,
    I need a full custimization steps to configure the interest calculations for customers. i created interest indicators, g/l accounts and account determinations also. but no interest is calculating for customers and customers are having no of days to calculate the interest. So please guide me on this regard.

    Hi,
    Configuring the Interest Calculations Procedure
    This configuration allows you to charge interest on overdue customer accounts.  Interest can be calculated by using the line items or overall account balances. SAP keep tracks of the date of the last interest run and stores it in the customer master record.
    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.
    Secornd, make it avaliable 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
    Please check out the following link also:
    http://help.sap.com/saphelp_erp2004/helpdata/en/41/37b8e7455b11d182b40000e829fbfe/frameset.htm
    Hope this helps.
    Please assign points as a way to say thanks.
    Regards,

  • 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

  • Reg:interest calculation on customers for  f.26

    Hi,
    After doing the transaction f.26 interest calculation on customers (security depost) then we are running the batch input session there system asking business place and profit center there we are giving manually, my client having thousands of customers so they wants update these automatically.
    is there any option for automatically updation for business place and profit center.
    Kindly give me the solution.
    Thanks &Reg
    obi

    Dear,
    To update the Business Place automatically, you will definately need to set up Sunstitution in trasaction GGB1 and assign the same in OBBH to your company code....
    If Profit Center is not variable and can same every time then you can use transaction 3KEH and assign the Profit Center to the customer reconciliation account or any other account you want for others....
    If Profit Center is based on customer group or it is variable then you will need to set up substitution......it is better that you set up substitution for both Profit Centre and Business Place..........
    Regards,
    Chintan Joshi

  • Penalty Interest calculation procedure

    Dear Friends,
    Could you please send me if you have customization procedure for customer penalty interest calculation.
    My email id is: [email protected]
    Thanks in advance for your help.
    Regards,
    Dwarak.

    This configuration allows you to charge interest on overdue customer accounts. Interest can be calculated by using the line items or overall account balances. SAP keep tracks of the date of the last interest run and stores it in the customer master record. 
    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.
    Secornd, make it avaliable 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

  • Cleared Items Interest Calculation on Customers

    Hi,
    Following is the Requirement.
    On 01.04.08
    1. Creating a Credit Memo in FB75.
                       Misc Deposit A/c Dr..
                                  To Customer A/c
    2. Clearing Customer in f-31
                       Customer A/c -Dr ..
                                  To Bank A/c
    With this there wont be any open item on customer
    But on 30.04.08 We have to calculate interest on above Misc Deposit Amount which is not paid by customer.
    For Customer Credit Items Interest is being calculated fine, No problm.
    Where as for above scenario.. i am not able to calculate interest .
    pls do suggest some inputs.
    Regards,
    Shashi kanth

    At least explain me about cleared items interest calculation..
    in which scenario it is being used..
    Regards,
    shashi kanth

  • Interest calculation procedure in Dunning

    How to calculate the Interest in dunning?
    What are the steps needed to be configured for the interest calculation for the dunning process?

    This configuration allows you to charge interest on overdue customer accounts. Interest can be calculated by using the line items or overall account balances. SAP keep tracks of the date of the last interest run and stores it in the customer master record. 
    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.
    Secornd, make it avaliable 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

  • How to configure Interest Calculation procedure???

    Hi Guys,
    While running F.52 report for interest calculation, the interest is getting calculated. After running the batch report, I am not getting any FI posting for the calculated interest in SAP. When the checked the GL account, its only showing the open items but I am not able to find the interest posting document.
    Question 1, does a FI document gets generated while finishing Batch Input?
    Question 2, if not, then how can I make sure that the interest has been calculated for the respective GL account? Where can I get that information?
    Question 3, what happen next?
    I have already created & maintain GL accounts for Interest Received & for secured loans account using OBV2.
    Can anyone help me!!! A proper process flow with details from anyone will be highly appreciated.
    Thanks,
    Abhishek

    Hi,
    Interest calculation document will get posted once the BDC session is completed.
    Please refer the below BBP:-
    Link: [http://www.google.co.in/url?sa=t&source=web&cd=1&ved=0CBUQFjAA&url=http%3A%2F%2Fhelp.sap.com%2Fbp_bblibrary%2F500%2Fdocumentation%2FB29_BPP_15_EN_SV.doc&ei=CnJnTL6TIcTJcZjygJAF&usg=AFQjCNFg5N4O7e6IminTdUB36UAEUVGd6w&sig2=p51jIOo4o-wLI87zhmr1Mg]
    Regards,
    Gaurav

  • 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

  • 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'.
    Regards

  • Dunning procedure and interest calculation

    Hi All,
    usually in dunning procedure, the interest is calculated on over due items based on the period from Last Dunning date to run date.
    If the customer is never dunned before and this MDAT is never populated, how will the program generally calculate interest..?
    Can somebody explain me on how it works..?
    thankx,
    Neha

    Hi All,
    Thanks for all answers.
    When I checked table MHND, the dunning interest is calculated in such a way that it doesn't consider the previous dunned date.
    Meaning :
    Dunning ran on 12-01-09  interest calculated is 500.00 ( 2 docuemnst considerded from bsid as seen from table MHND )
    Dunning ran on 15-01.09  interest calculated is  500.00  (  same as above)
    Ideally for Dunning ran on 15-01.09 , it should not calculate interest since on 12th it is done..!!
    Now queries:
    1. Where can i see these interest calculated during dunning run ( any report ? ) other than table..?
    2. When I see the dunning run, looks like user has made some mistakes,  It shows as
               Parameters have been entered    
               Dunning run carried out, job was deleted
              Dunn. printing carried out, job was deleted
    3. when I try to run the single dunn. notice, and see sample print out it gives message as
    Account D 0004298846 is blocked by dunning run 20090319 MDUN1
    why is it so and how to resolve..?
    thanks,
    Neha

  • Interest Calculation on Open Invoices(Customers)

    HI all,
    MY client Needs forllowing Configuration any one can send me documentation for automatic interest calculation  open invoices for AR module based on aging of the customer i.e. different ageing different percentage.
    Configuraton of automatic journal entry for interest calculated.
    [email protected]
    regards
    JK

    HI!
    It's used  for  Customer  Int  Calculations.
    INTEREST CALCULATIONS
    Ob46          Define Interest calculation
    Obaa          Prepare A/c balance interest calculation
    Oba4          Define Reference Interest Rates
    Ob81          Define Time Depend term
    Ob83          Enter Interest values
    F-52          Interest calculation
              To give Effect for floating rate of Int
              Foreign currency balances revaluation
    Ob59          Define valuation methods
    regards,
    Rup

  • Automatic DUNNING or INTEREST CALCULATION email to CUSTOMER

    Hello Gurus,
    ive got one issue regarding email for DUNNING or INTEREST CALCULATION which need to be sent to customers.
    Our FI bookkeeping director wants only a reminder to be sent to customers which have overdue line items.
    ive configured fully INTEREST CALCULATION and DUNNING procedures, but now im facing the problem, that i cant find any place where to asisn SAMRTFORM form. Ive went through dunning installation and config files, forum threads etc., but still nothing.
    the second problem after assigning the SMARTFORM how to configure the EMAIL PROCESS?
    Thnaks in adviese
    Laurynas Prikockis

    Hi,
    thanks, this option im trying to implement. But something is not going right.
    ive changed the FM from one to other and tryed to use BTE 1720, regarding BTE 1040 ive got some problems since i didnt find the exact place where to put it.
    the second issue was that after changing one FM like FI_PRINT_DUNNING_NOTICE into FI_PRINT_DUNNING_NOTICE_SMARTF we had to maintain smart form. I did also this step, but running f150 the program doesnt start it. It shows that print is completed and thats all.
    Regards
    Laurynas Prikockis

  • Penalty Interest Calculation

    Dear Friends,
    Could you please send me if you have customization procedure for customer penalty interest calculation.
    My email id is: [email protected]
    Thanks in advance for your help.
    Regards,
    Madhava
    Edited by: Madhava Venkat on Aug 4, 2008 5:43 PM

    Hi Madhav,
    We cant use Payment Terms for penalty interest for Customers...payment terms used for only cash discounts and not for interests and you can use Dunning charges or Dunning Interest for customers...that will be maintained in "Dunning Procedure" FBMP.
    Hope understood and let me know if you have any concerns.
    Thanks,
    Vasu..

  • Interest calculation on open items alone

    Hi all,
    I want to calculate interest on open items of customers. I dodnot want to include any of the cleared items. i.e., calculation of interest on open items alone.
    Could you please explain me where to do the necessary configuration.
    Regards,
    DSK

    HI!
    It's used  for  Customer  Int  Calculations.
    INTEREST CALCULATIONS
    Ob46          Define Interest calculation
    Obaa          Prepare A/c balance interest calculation
    Oba4          Define Reference Interest Rates
    Ob81          Define Time Depend term
    Ob83          Enter Interest values
    F-52          Interest calculation
              To give Effect for floating rate of Int
              Foreign currency balances revaluation
    Ob59          Define valuation methods
    regards,
    Rup

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