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

Similar Messages

Customer Interest indicator

hi,
we are taking FD from customer..we are having different interest plans..how to manage the different interest indicator for same customer..can we map this process through different special GL indicator..??

Dear Nitin,
please be kindly informed that you can define an alternative interest indicator for special
G/L transactions onlyfor the account balance
interest calculation not for customer interest on arrears.
I hope this can help You.
Mauri

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

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.

Interest indicator configuration steps

I have configured Interest indicator like below but while testing new interest indicator in FINT t-code i am getting "Maintain the customizing for the new intrest program error" pleas help me how to resolve that that error.
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

The forum [FPM - General|Enterprise Performance Management (SAP EPM); in which you originally posted your question deals mainly with the financial performance applications otherwise known as Enterprise Performance Management (EPM) carrying the BusinessObjects brand. Your question pertains to SAP [ERP Financials|SAP ERP Financials; which is covered by another forum. Therefore your message has been moved. Please adjust any bookmarks you might have and post to the appropriate area in the future, that way you are assured you will have the right audience reading your posts.
Thanks and best regards,
[Jeffrey Holdeman|http://wiki.sdn.sap.com/wiki/display/profile/Jeffrey+Holdeman]
SAP Labs, LLC
BusinessObjects Division
Americas Applications Regional Implementation Group (RIG)

Send faxes through F110 and Interest Indicator

Hello all,
we have SAP ECC 6.0. , and it is needed to send faxes through F110 ,
1) I would like to know the steps to send a fax through the f110 transaction
2) Only send faxes for the vendors with interest indicator
3) Do you know some user exit to calculate interest with different interest indicators?
Regards
Olga

Hi Olga,
For customers, to use different interest rates, and calculate the interest amount in the payment file created by transaction F110, program RFFOBR_A, you need to:
1) Go to "Define Interest Calculation Types", in customizing (SPRO).
2) Go to "Define Reference Interest Rates" in customizing (SPRO).
3) Go to "Define Time-Based Terms" in customizing (SPRO).
4) Go to Enter Interest Values in customizing (SPRO).
After, go to the customer master data, Company Code data, folder account management and fill the field "Interest Indicato" with the code created in the step 1 above.
When you run the proposal, the payment file will have the interest amount calculated considering the billing amount and the interest rate defined to the customer.
Her in Brazil, we work in this way.....
I hope that this could help you solve your issue....!!!!
Best Regards,
Francisco Moya

Can't change interest block at customer invoice

Hi,
I am trying to change the field interest indicator/block for an open customer item. I enter tcode FBL3N, choose customer and click on one of the open items. The form open and I choose change mode. I then choose alternative> additional data and then another form is displayed. Here I have some fields showing, but most of them av greyed out including the field I want to change, which is interest indicator.
Does anyone have an idea where I can make this field possible to change in?
Best regards
Carl-Johan
I will add point directly to an answet that explains this

hi,
if a field is changable (after posting) is basically determined here (with some exceptions):
SPRO
Financial Accounting
Financial Accounting Global Settings
Document
Line Items
Document Change Rules, Line items
make sure the field (BSEG-ZINKZ) is listed there with proper settings!
hope this helps
ec

BP - Account management - Interest indicator

Hi
How do i set a default interest indicator on the Business Partner(company code) -( transacton code - BP)on the Customer:Account Management tab to 'RW'.
Thanks.
Rendane

Hi Ren,
The system does not show possible values for this field - there's nothing that you're doing wrong.
About your primary concern, you need to go to transaction OBV1 and note down the value in the field "Interest Indicator" - say it's 24. Next, go to transaction OB82, and scroll to the entry "24" and double click. You'll see the detail screen for this interest calculation indicator. On this screen, there is a field called "Calendar type". Place your cursor on it and hit <F1>. Currently, this field (for your interest indicator) would be containing "B" or "F". You need to change this to either a "G" or "J" - depending upon whether you use a month as exact number of days or regular 30 days.
This should achieve your purpose - of changing the definition of the interest indicator to be based on 365 days instead of 360 days.
if you give me brief i can help you out more.
if helpful REWARD points
Thank you .
Regards
Ramana

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

Special GL indicator for customer vendor

HI SAP Experts,
What is the T/code to create special GL indicator ( for advances ) I know obyr and obxr one more t/code is there that i forgotten , please help me.
2. My user created the GL accounts with out line item and he posted the line items into the documents
now he is not able to see the line items , any chance is there to rectify the error if chance is there
Please tell me what is the process.
Regards,
Prabhakar

Hi Prabhu,
OBXR is tcode for creation of special gl indicator for customer
If you didnt used those account you can do through this way
FS00-selected account-change-select that line item check box in control data tab
If you already used those accounts you can go through
carry forward transaction balance amounts to dummy accounts after sending all amounts those accounts are empty which would be change able,so we can edit the accounts
Then FS00-selected account-change-select that line item check box
Regards
Surya

Remove payment block indicator in customer document

hi,
how to remove payment block indicator in customer bill. Like in vendor we are useing MRBR. Same way to customer.
Can any one give the suggestion on this.
gvoind.

Helloo govind.
You can relaese the document to accounting which are block by payment block through T CODE VFX3.
I think this will solve your problem
Regards
ravi

Interest Indicator

A basic question about field data in GL accounts. How do you know that that how many (and what are they) GL accts were checked with Interest Indicator?
thanks,
renu.

Hi Renuka,
Use Transaction code SE16 to download Chart of accounts (Table name SKB1 - which is G/L account master for company code). In the selection screen, select the relevant fields including your company code and execute. The results will reflect all fields included in this table. You could use the change layout facility to include/ exclude the fields you require for review. This will surely include the "G/L account" and the "Interest Indicator" fields. Use the sort keys to identify, which G/L accounts are included against a particular Interest indicator.
Regards,
shashikanth.
assign points if usefull.

Interest indicator & interest profile

Hi All,
I want to know the interest profile for a few projects. And for those proflies, I want to know the interest indicator that has been assigned from 1999 till date. So, there is a possibility that it might have been changed in between. Is there anyway to accomplish this?
Can you tell me the table name for int profile and int indicator?
Regards,
Lakshmi

Hi Lakshmi,
The tables are as follows:
Interest Indicators: T056
Interest Profiles: TPI01
Assignment of Interest Indicators to Interest Profiles: TPI02
If you want to see the changes made for the entries then goto the TCode OPIB and from the menu select Utilities, Change Logs for a particular entry. Then you will be able to track the changes made for a particular entry.
Hope this answer helps you. Please assign points if found useful.
Regards,
Sreekanth....

Interest on Deferred Customer Invoices

Dear Team
Customer query as follows, Can you please help me out with your Valuable Sugestions .
Interest on Deferred Customer Invoices. We have debts that are deferred until the client passes away.
We would like to be able to raise SD Invoices and allow SAP to calculate the interest over the period the
invoice remains unpaid. We want to be able to update the interest rate.
We know this is possible in SAP, can you please advise how we go about this.
Thanks
Edited by: Lakshmipathi on Dec 9, 2011 1:35 PM
Thread Locked - Reason cross posted

Hi,
In the report you can maintain customer,total out standing amount,Period (from which date you want to calculate the interest), interest % and total amount including interest.This filed will give you the total information of customer who beyond the base period dates and how much interest they are being charged and total amount after interest. Explain the same to your ABAPer.
Regards
Ram

Interest cal for customer down pmt

hi,
pls tell me how to cal to interest for customer down pmt for day wise pls tell me how to process very urgent....
Regards
nasa

Hi Nasa,
Check your config.
In the interest cal indicator what are you using out of the three.
1. Cleared or open items only
2. All clearing transactions or only those with a payment (thereby excluding uncleared credit memos and payments on account).
3. Credit and debit items or only debit items. If interest is to be calculated on credit items (for example, credit memos and payments on account), it is calculated in the same way as for debit items.
Only option 3 would include downpayments as they would be Cr items.
Also you need to tick Cr interest else it will not post interest if the account has only downpayment.
If usefull kindly award points
Thanks
Anand

Interest indicator on customer

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