Interest on A/R Invoice

Hi Experts,
We use Business One 2007A PL:08. We would like to add interest to A/R Customers on cumulative outstanding balance every month. How do we achieve this? I
In Business Partner Master Data, Payment terms tab, there is a field called Interest on arrears %. This does not seem to do anything. There is also the same field in payment terms setup windown. Even this does not do anything.
Do we have to use Dunning? I guess Dunning is just a letter and it really does not add interest to the customer account. Please clarify and propose a solution to handle this.
Thanks

Hi
According to me there is no Automatic Interest Calculation Posting in Ledger in our SBO.
Through our Dunning we can get the Callculation and we have to post Manually only for that Interest Amount.
See the Below Links for your Ref. :
interest calculation
interest calc
Interest on Dunning Term Setup
Re: How to enter interest on invoice into SAP
Giridharan V

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Dunning (Want to add interest calculation on unpaid invoices (open items)

We have a requirement in dunning program. we would like to add interest calculation on unpaid invoices (open items) to our dunning letters. This interest should be not posted, but calculated only for information purposes. At this moment we can calculate interest only on cleared items.
anyone has any idea about this ? what possibilities are there in SAP for this requirement?
Thanks,
Naveen

Hello Vimal ,
I want to understand we have setting in Dunning FBMP and OB42. if i will set the interest in OB42 and Select the interest indicator in FBMP.! the interest will be calculated for open items and no posting will be done in customer A/c?
Will you please elobrate about the setting that will be required to do the setting as per the requirement.
Thanks,
Naveen
Edited by: Naveen.Rana on May 26, 2011 9:22 AM

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 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

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

Add interest on ar invoice

Dear expert,
If our company want to do financing for our customer to buy our product (such credit card installment payment) how to apply on ar invoice?
eg.
our lcd set worth 1200 usd , customer x pay down payment 200 usd and make 10 times installment with 12% annual interest
so our first invoice should 100 + (1000 * 1%) usd , second invoice should 100 + (900 * 1%) usd
should we apply interest manually calculate or sap b1 has facility to add automatically
Thanks

Hi,
I don't think there is a built-in function in B1 already. You may post a DRQ here:
/community [original link is broken]
Thanks,
Gordon

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.

Interest calculation on AR

Hi
I have a requirement of calculating interest on AR invoices on adhoc basis. We are on ECC 6.0 and using T Code FINT for interest calculation.
After i execute the FINT in test mode and select individual invoice and process form, system posts interest on all the invoices in that Customer a/c
Is it possible to run the Interest program for all the invoices but post and print only for the slected ones from the test run
Thanks in advance
Shiv

nmn

Interest calculation with FM

We want to implement the interest calculation for vendor invoices where
the due date has been exceeded.
As this is a public entity the FM module is also installed and so the
interest calculation of this invoices should go instead of one specific
account,to the expenses accounts of each invoice and in this way, the
money that is has to be cosumpted for the interests, would take the money
from the corresponding funds management document.
The standard process is not detailing the interest of each invoices,
instead is making one post for the whole of the exceeded invoices and
against just one account that does not consume from the funds document.
By this, the funds manage principle is not fullfil.The requirement is
that the program could allow to split this interest calculation for eachinvoice and that consequently consumes from the funds document related to
the expensive account of that invoice.
Any ideas???????????
Thanks in advance
Regards

Hi
You can use OBV1 - Interest calcualtion account assignment screen for configuring posting keys and accounts.T You need to check the box Special G/L Indcator here in account determination posting specifications detail screen.
Reg,
Shashi Somani
Edited by: SKSomani on Aug 6, 2009 6:21 PM Tcode OBV1

How SAP standard run the interest calculation in AR module

Dear expert,
would like to seek for your advise, how SAP standard run the interest calculation in AR module ?
Also advise,does the interest calculation generate the interest base on the dunning run?What are relationship between interest calculation generate ?
What are the T-code for running the interest so that able to generate the interest posting according to baseline due date?
On top of that, does SAP have standard AR interest calculation report and what are the T-code ?
Between, do you have any ideal the Interest Indicator ZB stand and reminder date it is the last reminder date,waive,KIV and charge Interest and also noted item amount mean for in the AR Interest Calculation report?
Please help.
Regards,
Karen

Hi,
Thank you for the promtp reply.
I still have query would like to seek for your advise.
1.Does the interest calculation generate the interest base on the dunning run?For example, the interest is only can be post/generated when there is dunning run and vise versa.
2.What are relationship between interest calculation generate ?Does interest generation depand on the dunning run?
On top of that, does SAP have standard AR interest calculation report and what are the T-code ?
3.Between, do you have any ideal the reminder date it is the last reminder date,waive,KIV and charge Interest and also noted item amount mean for in the AR Interest Calculation report?
4.For posting use F.2B and that will calculate interest on open items of customers. Does this posting is post as noted item or posting document? Beside, do we every day need to run this posting F.2B in order to update the AR interest calculation report and post the interest for the overdue invoice?
5.Do you have any reference link/document /SAP notes on calculate interest on arres F.2B?
a)How the program calculate those overdue invoice for example: does sap calculate the interest base on interest + due amount until the customer made the payment?
b) If customer made payment on the due amount and not the interest and vise versa? How theF.2B program logic work on the calculation ?
Please help.
Regards,
KH

Interest Calculation Item wise - different rates

Hi Experts,
My client has following requirement to calculate interest on due customer invoices as follows .
Rate 18% on From the payments dates from 80 to 90 days
Rate 20% on from the Payment dated from Over 90 days
My problem is how to assign different interest rates on different due date slabs.
Please help on this.

Dear,
as far as I know this is not possible into SAP Standard System.
You can define two interest indicators and then use the first for some filtered documents and then change the customer master data and use the second for the other relevant fi documents.
I hope this can help.
mauri

SAP USERS ROLE TABLE

Can some one tell me the SAP USERS ROLE TABLE
I Will assign point to any input.
Balance Roll forward
Change Vendor Line Items
Change Parked Vendor Document
Change/ Reverse Vendor Invoice
Check Processing
Clear Accounts Payable Items
Display A/P Balance & Items
Display Checks
Display Vendor Documents
Display A/P Master Data
Display Parked Vendor Documents
Account Payable Interest Calculation
A/P Invoice Entry
A/P Accounting Key Reports
Manual Payment
Payments Using Bill of Exchange     Display
Payment Run Parameters
Create and Process Payment Run Proposal
Accounts payable period closing
Post Parked Vendor Document
Maintenance of Accounts Payable Master Data
Process Withholding Tax

go to t code PFCG
Search for roles with SAP_FI_AP*
You could always create your own role.
In the Menu tab add the t codes you have specified.
You will then need to add the authorization objects in the authorization tabs.
For the t codes you have I guess it would take an hour max.

Difference between Data-centric and Document-centric use

Hi,
Can someone suggest what exactly is the difference between Data-centric and Document-centric use and examples if any.
Thanks in advance.
Chaitanya

Maybe it helps if you look at it this way...
Document centric: document centric use of xml data is data that you always use in its complete form. If you want to use the data, then you always will retrieve it as one entity or you save it as one entity. You are not interested in the xml data / information inside this "package" / document, you are only interested in its total form. Lets say, you have an invoice which can be printed on one sheet of paper. This paper that contains you data, will always be treated in a document driven way, that is, in its total representation: information containted on a sheet of paper (document).
Data centric. data centric use of xml, is usage of data were the main interest point is focused on only pieces of the total set of xml data within a document. So instead of being interested in the whole invoice, you only are interested in information like "amount of money to be payed" or "invoicenumber".
Handling of XML data comes with (hidden) costs. Knowing how your data will be used, has to be used, is one of the first steps in designing you environment (and will have an big impact if you choose poorly). For instance, if you know that your data will always be handled (and must be stored) in a document driven way, then it will make sense to store it based on CLOB based XMLType storage. This will garantee best performance retrieval for your xml document. If you now that your xml data has to be stored so that it can be handled in a data centric way, then Object Relational XMLType storage. If conditions are setup properly data retrieval, inserts and updates will be more cost efficient then when based on CLOB XMLType storage.
There are more differences and "cost markers" when or when not to use CLOB, OR or for instance Binary XML. The first two chapters of the XMLDB Developers Guide for Oracle 11g will give you a good head start making some of those decisions. Be also aware that you probably will have to make compromises. The current state of XML, for example, doesn't have the final solution yet for a uniform storage method.
Message was edited by:
Marco Gralike

Report for Interest invoice

HI all
I need to make a report of interest invoices according to country wise: How many interest invoices has been created and how many of those has been paid. Is there any standard report for this if so please let me know the Transaction code and the report name.
Regards
RS

Hi,
T-Code:FINTSHOW
You can use this report to display interest runs that you have
performed.
In addition to displaying executed interest runs, you can:
1. Reprint letters for individual interest runs
2. Reverse interest runs
Assign points if useful.
Thanks & Regards
Sri.

Calculate interest on Security Deposit at the time of invoice?

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.
Regards,
Gaurav.

Interest on A/R Invoice

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