Interest paid to vendor???

How can we configure the interest that is paid to the vendor for retaining/holding the payment for some portion of the invoice??

Refer to interset calculation node under Business Transactions at http://help.sap.com/saphelp_46c/helpdata/en/53/72369adc56d11195100060b03c6b76/frameset.htm

Similar Messages

Interest calculation on vendor open items

Dear Freinds,
I am trying to calculate Interest on open vendor items. t code F.4B
Sys. is given below message, pl advise, i am stuck up.Config has been done , but still the problem remains
No list generated
Message no. 02005
Diagnosis
You may have selected an invalid object or the object contains no further information.
In the case of a database query (reporting), there are no hits to match the specified selection criteria or the other program parameters reduce the data for output to nothing.
Procedure
Depending on the reason for the problem, either choose a valid object or repeat the database query with suitable selection criteria.

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

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.

Can reset the clearing doc when invoice is paid to Vendor via F110.

Hello Experts,
I know the usage of FBRA.I want to know can we reset a clearing document where the value is already paid to the Vendor.
Please Clarify.
Thanks,
B

I know the usage of FBRA.I want to know can we reset a clearing document where the value is already paid to the Vendor.
There is no issue at all if you have paid a vendor and the vendor liability is alreary cleared. I am not sure what dependencies do you have for this reset. I can think of 2 examples:
1. When you pay your vendor you Dr. your vendor and credit your Bank. Now the question is where the check is (if the payment mode is check). If you have already mailed the check to your vendor then there is a possiblity that your vendor can encash it. There is no connection of SAP reset and bank encashment of your check. If you use this process you also need to send an information to your bank so that they can not honor this check which you have already reset and reversed the check payment.
2. Suppose you have Electronic bank statement in scope then you will never hit your bank account straight when you do your vendor payment. You generally hit bank celaring account. In this case you need to check where the check is. If the check is still in your possession you can reset your transaction along with check voiding. If you have already mailed the check to your vendor then there is a possibility that he might encash this check. In this case SAP reset is of no use unless and until you send a notification to your bank not to honor this check. if you do not notify your bank then there is a possibility that this clearing transaction appear in your bank statement and will always open as system won't be able to clear this positng because of the fact that you have already reset your books.
Hope these scenarios cover your issue.
Edited by: Anuponline on Dec 12, 2009 4:01 AM

HR deductions like employees interest paid on loans taken

HR deductions like employees interest paid on loans taken from Organisation, Client does not want to post to cost center.
but hr configuration it is posting the interest income to cost center .... Please suggest alternate option available to posting these incomes
Thanks
Srinivas reddy

Give us more information about your question, please.

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.
if possible pl give the entire steps for me to check & may be 1 scenario
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 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

Payment program - f110, restricting number of invoice to be paid by vendor

Hi Gurus,
I have a requirement to restrict the payment program to select and pay only 10 open items in one vendor. if one vendor is having more than 10 open items system should automatically select first 10 open invoices to be paid and the excess open should be selected in other payment run.
Is there any option available other than manully block the open invoices more than 10 and run the payment run.
Please advise me on the configuration steps.
Thanks in advance.
Suresh

Hi,
We can restrict in 3 ways.
1. Before Payment Run enter Payment Block Reason in each Open Item.
2. In Edit Proposal we can assign Payment Block Reason in each Open Item.
3. In F110 screen, in Free Selection Tab select Field Name as Document Number and enter document nos to which you want ot run APP.
Might be these solutions will be useful for you.
Thanks
Chandra

F110/ FBZP - maximum amount paid per Vendor in Payment run

Hi
How do i create payment run where i want to restrict the maximum paid to a vendor per transaction.
If amount exceeds this, i still wish to pay, but to split over more than one payment order
Our BACS payments are now being processed via FASTER PAYMENTS, and there seems to be a limit of £100,000 per transaction per vendor - anything over is being rejected by danske bank
So far example above, if vendor is due 156,000 - i wish to make this payment still to them, but over 2 or 2 payment orders, none of them to be more than 100,000
I have tried several methods via FBZP by using the maximum amount, but none of my settings seem to work so far,
Please advise
Many thanks for your help
Tony

Hi Tony,
Not exactly the solution, but going forward you can try split the invoices and process it separately at the time of invoicing itself. Otherwise you can try the option installment payment terms, but there may be at least one day difference in payment.
Warm regards,
Murukan Arunachalam

Need to calculate interest paid/earned for the coming year ...

All,
Working up the 2010 budget, and decided to give Numbers a whirl vs. continuing with M$ Excel for another year. One of the things I do is make some kind of educated estimate on how much my interest I will pay on each of my loans in the following year.
Example - auto loan:
Balance: $10,000
Interest rate: 7%
Payment: $200/month
You get the idea. Does Numbers have a formula that will calc the effective interest I would have paid by December 2010, recalculating the new principal and interest each month as the balance goes down, etc? I looked at IPMT, but some of the variables don't seem to make sense to me.
Appreciate the help in advance.
Bones

Ok, that works for some things. (Thanks again).
If you have a fixed-term loan (auto, home, etc.) then CUMIPMT seems to work great. But in the case of revolving credit lines, credit cards, where there is no fixed term the formula breaks down.
For example:
CreditCardX
- APR: 10%
- Balance: $5,000
- Projected payment/month: $150
CreditCardY
- APR: 12%
- Balance: $4,000
- Projected payment/month: $125
In the coming 12 months, I want to play with the numbers to see how much interest I will pay on X versus Y over the coming year ... up the payment on X and see how that changes things versus upping the payment on Y ... you get the idea.
I guess I can just create a manual formula (?)
Still appreciate any help as I am figuring out Numbers.
Bones

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

Retention amount paid to vendor is not updated in PO history tab

Dear All,
I had activated business function 'LOG_MMFI_P2P'. As a result i am getting Payment processing tab in PO.
There i can define Down payment and Retention percentages. I had created a service purchase order and then service entry sheet.
After the acceptance of service entry sheet i did invoicing (MIRO). Here i get an option to clear down payment (an additional button becomes available to clear down payment). That scenario is working perfectly fine. System also proposes the retention amount. I can change retention amount/percentage or continue with same.After invoice is posted the retention amount is visible under PO history tab against Invoice number.
Now my problem is when i am doing payment of retention amount(after doing payment of services deducting down payment and retention) to vendor the 'Posted Retention in Document Currency' column in PO history tab is not updated.
Regards,
Kamal

Dear Pankaj,
Thanks for quick Reply.
I think you did not understand my question. In PO history tab for down payment scenario (defined through PO and cleared in MIRO) proper lines are getting created. For retention new line will not be created. But the invoice row in PO history tab is having two columns -
1) Retention in Document Currency.
2) Posted Retention in Document Currency.
The first column is having value which is the retention amount. But second column is not having any value even after the payment (portion held as retention)is made.
I will add one more thing. If i run FK10N for the vendor- then Special G/L account for retention is updated properly.
Regards,
Kamal
Edited by: kamal.anandani1 on Apr 22, 2011 8:02 AM

Aging for Downpayment paid to vendor -reg

Dear All,
I want to do ageing analysis for Downpayment/Advance paymet, Vendor balance made to the vendors. How can i Do this.
Whether this will tally with the balances of the vendor.
Thanks and Regards,
C.M.SATISH KUMAR.

I want whether we can do ageing for the Special GL Down payment account straightaway,rather than doing the ageing via vendor account.
Thanks and Regards,
c.m.sathish kumar
[email protected]

Interest paid to vendor???

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