Interest on unscheduled repayment amount

Hi,
In the loans taken module in loans management, I have defined the interest condition to be due every 6 months. If there is an unscheduled repayment, the interest will be posted as per interest condition defined. However the base amount used for calculation will change as per the repayment posted.
Is there a way to post the interest on the unscheduled repayment amount on the date of the unscheduled repayment. The interest on the balance amount will then be payable on the original interest condition. Is there a configuration to enable this?
Regards
Akshata Vyas

Hi,
interest cannot be calculated from the repayment-condition (1120) - if we speak about Money Market.
You either pay the interest or you capitalize the interest (calculated always on the Payment amount).
Regards,
Lorenz

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Setting up Interest calculation base on principal repayment amount

Hi Experts,
We have a loan contract that have interest calculated base from the principal repayment amount.
is there anyway we can enter such an interest condition?
Any assistant will be greatly appreciated.
Thanks

Hi,
interest cannot be calculated from the repayment-condition (1120) - if we speak about Money Market.
You either pay the interest or you capitalize the interest (calculated always on the Payment amount).
Regards,
Lorenz

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
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Calculating Interest on principle amount only

Hi all
I have set up the interest calculation configuration but I can't get the interest calculation to only calculate interest on the principle amount and not calculate interest on interest.
I have been able to do this in the selection parameters excluding the document type for interest - but I want to be able to specify interest calculation on the principle in the interest indicator configuration.
Can anyone help as to whether this can be done and if so where I can specify this in the IMG.
Thanks and regards
Chris
PS Points to be awarded

+1 on Greg's note. This page has some pointers How to ask a Power Pivot Question to get
a prompt, accurate and helpful response
May be I am missing something, but the descriptive formula
Payable interest = (Total interest accrued to date - Any amount already payable) x Repaid amount / Outstanding amount before repayment
Does not seem to correlate with the formulas shown in the table.
Repayment number Interest accrued Ratio of amounts Payable interest
1 r1 A1
r1 x A1
2 r2 A2
r2 x (A2-r1A1)
I expected the formula to be as below.
Repayment number Interest accrued Ratio of amounts Payable interest
1 r1 A1
r1 x A1
2 r2 A2
(r2 - r1A1) x A2
Again, if you can provide a file with some sample values and expected results, that would clear things up.
Regards, Avi
www.powerpivotpro.com
Wiki:How to ask a Power Pivot Question to get a prompt, accurate and helpful response

How to handle case like Housing loan to pay the fix amount and system can deduct the principle and interest automatically in Treasury

Dear Treasury Guru,
I have one scenario from my client like a Housing Loan that the system can generate the principle and interest paid flow type automatically depend on interest and contract condition, I've never faced this scenario before so I'm not sure that Treasury can support or not.
for example : Loan amount = 500,000 USD, Fix amount = 50,000 per month, Interest rate = X%
                          Payment amount               Principle           |        Interest
1st month =               50,000           --->         15,000                      35,000
2nd month =              50,000          ----->        17,000                      33,000
3rd month =               50,000         ------>        19,000                      31,000
Please suggest how to let the system generate the Principle and Interest flow type folllow the example above.
Thanks
Pongrapee K.

Hello Pongrapee,
I think apart from the interest condition, you need a condition for an annuity repayment with amount 50,000 - this will make sure the sum of interest and repayments are 50,000 for all periods.
If you leave the annuity amount blank, the system will calculate the annuity in a way that the sum of interest and repayments remain constant and all the nominal is repayed at the end of term.
But in both cases you will have to give the interest percentage in the interest condition.
Hope this helps!
Marie

Calculation of interest amount with two variables formula

Hello everyone,
Iu2019m facing a problem with the way that TRM calculate the interest amount for money market transaction when I have a formula with two variable, e.g. reference interest rate u201CXu201D multiplied by 0,98.
Some contracts explicitly say that to obtain the u201Cdaily interest rateu201D of the contract firstly the u201Cdaily interest rateu201D of the reference interest rate must be calculated and then apply a index or factor (e.g. 0,98). In the other hand some contracts says that it should be done the other way around. Iu2019ve noticed that TRM calculate the interest amount using the first way.
Is there any way to set which the way the interest amount should be calculates?
Has anyone faced similar problem?
The examples below illustrate the difference in the two ways to calculate interest amount.
Considering the following money market transaction:
1. Borrowing structure:
1.1. amount: USD 1.000.000,00
1.2. flow type: 1105 u201CBorrowing/Increaseu201D
2. Term (only one day to simplify the example)
2.1. Start date: 30.01.2011
2.2. End data: 31.01.2011
3. Interest structure:
3.1. Interest form: VARIABLE ( formula = Z1 * 0,98), where u201CZ1u201D is a reference interest rate
3.2. condition type: 1200 u201CNominal interestu201D
3.3. Interest calculation method: ActW/252
Considering that Z1u2019s annual interest rate in 30.01.2011 is 11,66%, TRM would perform the following calculation:
1. Contract annual interest rate (%) = Z1*0,98 = 11,66 *0,98 = 11,42680000%
2. Convert from u201CContract annual interest rate (%)u201D to number = 1,11426800
3. u201CContract daily interest rateu201D = 1,11426800 ^(1/252) = 1,00042945
4. Convert from u201Cnumberu201D to Day interest rate (%) = 0,04294481%
5. Interest amount = u201CContract daily interest rateu201D * Borrowed amount = 0,04294481% * 10.000.000,00 = 4.294,48
In the other hand, some contracts say that the interest rate should be calculated in the following way:
1. Annual interest rate (%) = 11,66 = 11,66000000%
2. Convert from u201CAnnual interest rate (%)u201D to number = 1,11660000
3. Daily interest rate = 1,11660000 ^(1/252) = 1,00043775
4. Convert from u201Cnumberu201D to Daily interest rate (%) = 0,04377480%
5. Calculate u201CContract daily interest rateu201D = 0,04377480% * 0,98 = 0,04289930%
5. Interest amount = u201CContract daily interest rate (%)u201D * Borrowed amount = 0,04289930% * 10.000.000,00 = 4.289,93
With this simple scenario we end up with a USD 4,55 difference for a single day, but for big contracts of hundred millions and for several years the difference is quite huge.
Thanks in advance ..
Giuliano

Hi,
with Product Category 550 you can have both scenarios:
for the 1st case you can use a formular (e.g. EONIA * 0,98)
=> interest for 1 day: 462,70 EUR
for the 2nd case you can use the field Variable Interest Rate (EONIA) + field Payment Rate (98)
=> interest for 1 day: 453,44 EUR
Is this, what you are looking for?
Regards,
Lorenz

G/L Account Balance Interest Scale

hi Gurus,
I done the G/l Balance Interest Calculation( Configuration and Settings )
Example : Loan Account xxxxx this account Open Item Select and Interest Indicator y1, & Frequency is 1 month is given.
1. F-02 Posting Bank A/c Dr 10000
Loan A/c Cr 10000
next then Go to Fbl3n xxxx loan a/c is open item balance 10000
2. F.52 G/L account Bal Interest Scale
Interest tobe Calculated some amount 1month Rs 400
Batch input session run Ok ,( No Errors )
Interest not Posted to a Particular G/L Account
ALL Setting Fulfill in Interst Calculation ( Balance )
Advance Thanks

Hi John,
The tables you need are going to be JDT1 (journal lines), OJDT (journal header) and possibly OACT (account master). The contents of these tables should be sufficient to calculate the balance as at a certain date. For details of the columns in each table, you could use the Query Generator or consult the database help file (which is available if you have installed the SDK).
A basic SQL query would be something like this:
SELECT T2.AcctCode as AcctCode, T2.AcctName, sum(T0.Debit - T0.Credit) FROM JDT1 T0 INNER JOIN OJDT T1 ON T0.TransId = T1.TransId INNER JOIN OACT T2 ON T0.Account = T2.AcctCode WHERE T1.RefDate <= 'YYYY-MM-DD' and T2.AcctCode = '_Sys00000000019' group by T2.AcctCode, T2.AcctName
where YYYY-MM-DD is the date you want the balance at and _Sys00000000019 is a made up account number I used as an example.
Hope this helps,
Owen

Bank Interest Calculation on Opening and Closing Balance

Hi Experts,
I have quiry on bank interest calculation. when was run F.52, giving one months (01.04.2008 to 30.04.2008) calculation period that time system calculate interest from 01.04.2008 to 30.04.2008.
System calculate interest on Balance Carryforward amount.
But why the system do not calculate interest on Closing Banlance ?
1) We do not want the system to calculate interest on Balance Carryforward Amount.
2) And we want the System to calculate interest on 30.04.2008 (that is on closing balance).
How this can be done?
Reliable answer get huge points
Regards,
Jemes

vlauation is at plant level (MBEW table) the storage location level does not carry values (table MARD).
You may have to develope your own ZMB5B program and calculate yourself what is not stored in SAP.

Interest Calculation on Security Deposit & Refund to party

HI, Expert
I have calculate the interest on Security deposit Amount for the period 01.04.2010 to 30.06.2010 & payment the interst on 03.07.2010 & clear the open item but when I run the next period it is again calculate for 3 days ,My cleint requirement is after calculation of interest it is taking 1-7 days for payment the interest to customer/vendor, is it possible in configuration setting
regards
gk

Dear Sriram,
It is possible:-
1.You have to create Interest Calculation Type for Customer SD Int Calculation say (R1)
2.Go to OBAA and maintain R1 there.
3.Go to Prepare Sp GL Transaction Interest Calculation (Maintain R1 - D - H - R1
4.In OBAC Maintain R1and select from date
5. Define Time dependant interest terms
6.In OB83 define the rate of interest
7.Go to OBV3 and maintain Account Determination for Int Posting (Select Account Symbol for Posting Key and again Assign GL code to same Account Symbol)
8. Maintain R1 in the Customer master to whom Interest will be payable.
Then Run Interest calculation posting T Code:-f.52
Regards,
Alok

Interest on customer item excluding service tax

Hi,
When i run customer interest calculation(FINT) system calculates interest on invoice + service tax amount but i want to calculate interest on only invoice amount excluding service tax.
Request immediate help.
Thanks in advance.

Hello Pranav,
Select radio button as Net amount instead of gross amount in mentioned customization.
SPRO > Financial accouting New > Withholding tax > Extended withholdign tax > Calcualtion > Withholding tax type > Define withholding tax type for invoice. Double click on relavent TDS type & change gross as net and check impact,which we are using since notification annouced by Income tax department.
Regards
Mani Kumar

Balance interest and itom interst caluculation and differences

hi
balance interest and itom interst caluculation and differences

Hi,
Balance interest calculation is we calculate interest on G/L a/c balance, for example some time we take loan from Bank and we have to calculate interest on that loan amount and have to pay banks.
Line item interest calculation is, we calculate interest on the Customer line item. When customer doesnt pay in time we calculate interest on his line item which is over due.
Hope its helpful
Regards,
Giridhar

Dunning Interest Calculations

Hi Guru's,
Can some one help me in doing Dunning interest calculations.
The scenario is I want to create the interest calculations for those customer whose payment has not been received till date. i.e the reate if interes is 15% after 3 grace days. If customer fails to pay before grace days calculate the interest accordingly for received amount.
If I calculate manually the interest amount is getting diferent from what is there in SAP. Can some one help me out in this scenario.
Thanks in advance.
Kiran

Hi Subbu,
I have maintained the rate of interest and grace period of 3 days. But the amount which has to calculate is showing more than what it has to show.
See for amount 545000 @ 15% for 89 days mine calculation is showing diff and SAP is showing diff. Infact SAP is showing less.
Can you tell me if there is way where I can very how it the rate of interest is calculated.
Regards,
Kiran.

Help with making a interest program

hi i am trying to make a program that calculates simple and compound interest.... I KNOW I HAVENT done the compound part yeat but im having problems compiling the simple interest part.. please help.. here is the code :
import java.util.Scanner;
public class Financial_Maths
     public static void main(String [] args)
          Scanner kb = new Scanner(System.in);
          System.out.println("This program can calculate either Compund or Simple Interest, depending on which you choose.");
          System.out.println("Press '1' for Simple Interest or press '2' for Compound Interest");
          double sc = kb.nextDouble();
          if (sc = 1)
          double p;
          double interest;
double period;
          double amount;
          System.out.println("Enter the Principle Amount");
          double p = kb.nextDouble();
          System.out.println("Enter the Interest Rate (As a %)");
          double interest = kb.nextDouble();
          System.out.println("Enter the Time Period in Years");
          double period = kb.nextDouble();
          amount = p*(1+(interest/100)*period);
I am getting this problem when compiling:
----jGRASP exec: javac -g J:\IT\Financial_Maths.java
Financial_Maths.java:11: '.class' expected
          double p;
          ^
Financial_Maths.java:11: not a statement
          double p;
          ^
2 errors
----jGRASP wedge2: exit code for process is 1.
----jGRASP: operation complete.
THANKS PLEASE REPLY SOON

use this code ...    public static void main(String [] args)
    Scanner kb = new Scanner(System.in);
    System.out.println("This program can calculate either Compund or Simple Interest, depending on which you choose.");
    System.out.println("Press '1' for Simple Interest or press '2' for Compound Interest");
    double sc = kb.nextDouble();
    if (sc == 1){
    System.out.println("Enter the Principle Amount");
    double p = kb.nextDouble();
    System.out.println("Enter the Interest Rate (As a %)");
    double interest = kb.nextDouble();
    System.out.println("Enter the Time Period in Years");
    double period = kb.nextDouble();
    double amount = p*(1+(interest/100)*period);
    System.out.println(amount);
    }

FPINTM1 Mass Interest problem

Hello,
I have a problem with transaction FPINTM1, calculation of mass interest. I want to do as many documents as interest FICA documents to the pre-selection of the transaction. The case is that if the same or VKONT GParted, I just type a document generated interest with the total amount, the sum of the documents selection.
Case Study, 20% interest in with the same contract (VKONT1)
Now I calculated like this:
Doc1 of 5000 u20AC
Doc2 u20AC 4000
Result: Doc (INT) 1 of 1800 u20AC
I want to calculate this:
Doc1 of 5000 u20AC
Doc2 u20AC 4000
Result: Doc (INT) 1 of 1000 u20AC
                     Doc (INT) 2 800 u20AC
I thought of using the 1788 event, but can not find where to modify it to generate the documents by me separately and I do not unify them.
thanks

Hi,
thanks for the response,
i checked the field icond of table TFK056A.
the function (EVENT 2085) return Two items, because i want to calculate two interest for two documents, for the same vkont.
CALL FUNCTION 'FKK_RESTRUCTURE_ITEMS_FOR_INT'
    EXPORTING
      i_rfki1                = i_rfki1
    TABLES
      t_fkk_int_item_chosen = t_fkk_int_item_chosen
      et_fkk_int_item_compos = et_fkk_int_item_compos.
And the result is the same...:( i don't achieved yet...

Notional Interest Charge for Loans given -parallel to real interest

Guys,
We have a requirement to calculate a notional interest on annuity loans given to reflect company's cost of capital. This is for internal use only and will not be passed to customers, hence should not post to customer account. The notional interest should calculated on remaing capital as real interest for the duration of the loan but post to two GL accounts- one income, and the other expense.
The Nominal interest and caital repayment should however post to customer as normal.
The problem I have is that SAP seems not to support two interest conditions running paralell, as the cash flow got distorted when Included the two interest conditions to run monthly for the duration of the loan.
Does anyone know how I can solve this problem?
Regards
Fisayo.

HI,
Please define a new set of condition type, flow type by copying existing nominal interest and term as Notional Interest and set your accounting as per requirment. You will be able to assign both Nominal Interest and Notional Interest conditions together in condition details of loan contract.
Regards
Prasad AV

Interest on unscheduled repayment amount

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