Interest posting

Hi Guys: The client wants to calculate interest (item interest calculation) using transaction FINT & put it on the account like a "noted item". I know there is a manual transaction F-49 to enter "Interest Receivable" Special GL indicator. Is this how everyone is doing it out there? manullay? is there any other way to create noted/statistical postings to the customer accounts & automatically post once the line item becomes over due?
thanks guys
brian

CHECK THE ACCOUNT ASSIGNMENT FOR INTEREST CALCULATINS.
CHANDRA

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How to post an interest accrual with WHT and consider its effect in the next interest posting?

Hi,
We are using the treasury module for borrowings from Banks & FIs. At the year end, i.e., 31st March, we would like to post an accrual posting with WHT (withholding tax) as per statutory norms. The accrual posting is reset on the next day itself, i.e., 1st April. However, whenever the interest actual posting based on the due date happens, SAP deducts WHT on the full value of the interest posting, instead of the differential value. This results on an excess WHT to the extent of the WHT on the accrual value.
Request you to help me with some solution for the same.
Regards,
Yusuf Sheikh

Hi Yusuf,
as far as I understand, withholding tax (WHT) is only paid at the moment when interest amount is actually paid out.
on the other hand, the accrual of interest represents recognized portion of interest (the total amount according to a contract), but not yet paid out - is it really mandatory to disclose the accrued part of WHT at every End of the Month?
Kind regards,
Renatas

Interest posting at the time of dunning run

Hello Fi experts,
In the dunning process, we can define that interest is to be calculated or not by making the desired setiings at dunning procedure as well as at the dunning level. I have a small query in that. Is interest posted also at the time of dunning run or its just calculated, and posted on at later stage? Please help.
Regards,
Van

Hi,
In Post Dunning Run, you can see the interest amount on the print form, but There will not be an FI Entry for the same. if you want to have Interest calculations posted to FI , for this You need to Maintain a Separate config settings and also the GL Account ,should be activated with Interest Calculation indicator i.e in GL Master. you can do the required Config Settings at SPRO -Financial Accounting (New)-Accounts Receivable and Accounts Payable-Business Transactions-Interest Calculation-Prepare Interest on Arrears Calculation-Excute go to New entries or Click on the Indicator for which you want to maintain and give the details as per the requirment.
also check the other settings in the same path for furdhur requirments.
Hope the above clarifies your Doupts.
Thanks
Goutam

Interest posting error

Hi to all,
in f.52 i have excuted interest posting, afterthat i have excuted batch input session, but interest not posted in interest a/c, there is appear 'no list generate' now what i have to do.
Thanks & Regards,
SAI

Hi Sai,
Analyse your business process, there are two types of interest calculation is possible, interest calculation on open item and cleared items.
1.check whether open items and cleared items met due date
2.check GL account assignment
3.interest indicators are assigned to master record
4. check all configuration settings once
Regards
Prasad

Interest Posting Periodic Allocation from Project System

Guys,
I am creating an automatic interest posting as part of the periodic allocations from the project system. We have new GL active and run parallel ledgers. The FI posting is into all ledgers, any idea how I can control posting to one ledger only?
Kind regards,
Rudolf

Hi Anantharam,
I tried defining an extract layout which assigned to the project type I am using and then creating an evaluation layout using the extract layout.
However, it didn't really work as expected. In my scenario actual costs originate in cProjects (when the task is completed and the actual number of hours are entered in the confirmation field). Actual costs are not captured in the internal order. In this case if I define an evaluation will it update the actual cost if I define threshold value formula as follows (for testing I made it actual = planned just to see if I get a value).
actual cost = confirmation * unit cost for task/role
If the above is possible;
1. How do I define the attribute and object types for unit cost for task/role which is based on the cost/revenue rates setup for the role? For example how do I find out the values for attribute and type name fields?
2. I was under the impression that evaluations can only generate a report based on the existing values and update the criticality level field a threshold condition is defined. Is my understanding of this function incorrect?
Apologies for all the questions, but I am still unclear how to update the actual cost which originates as result of cProject task confirmation to the internal order.
Thanks for your help so far and appreciate if you provide some guidance on how I can get this working.
Cheers,
Lashan

FPI1 -- Interest Posting -- Tax Indicator

Dear all,
When transaction FPI1 (and also FPINTM1) calculates interests, it always uses main item 0040 and sub item 0020. These items are not statistical. Also, these items can be only configured with one tax code indicator.
The problem is that we need to calculate and post interests with the tax indicator that the original line item has. This is a Chilean legal requirement.
For example, if the original line item has a D0 (exempt) tax code, the interest must be posted with the D0 indicator; if the original line item has a D1 (affect) tax code, the interest must be posted with the D1 indicator. Also, if there is a document that has two line items, one with D0 and the other with D1 indicator, the interest document should be posted with two lines and two different tax indicator.
We have been searching for a event/user exit without success (2000 and 2045 donu2019t help). Also, there isnu2019t any OSS note that give us a solution or a workaround and this is an error.
Please, give us some advice
Regards,
Fernando.

Hi,
Have you tried event 1110,this event creates the G/L items for tax on sales/purchases when you post interest calc. document.
Also ck the code LFKI1F04 for more detail.
Hope this helps.

Dunning Interest Posting

Hello Group,
We have one different requirement in dunning interest:-
We want to calculate interest for one level but do not want to post it.
For second level, we want to calculate and post interest.
We have tested and found that interest is correctly getting calculated as per config and getting printed on dunning notice.But we want to post it in FI?(Accounting entry)
Pl.advise us.
Regards,
Kedar.

Hello Kedar,
posting interests is a different function. It is confusing that the dunning program can also show interests - but it can not post it.
For posting interests see the menu accounting -> financial accounting -> accounts receivable -> periodic processing -> interest calculation -> arrears interest
and the corresponding customizing settings.
BR
Gabor

Interest - Posting additional lines

Hello experts,
I would like to know if there is any possible way to make an additional posting of 2 lines in FI document.
I checked BTE 1050 but the changes in t_bseg are reversed..
What i would like is to have a BADI / userexit / BTE that would be triggered during posting in standard FINT transaction, allowing us to add 2 lines on document.

Hi Sai,
Analyse your business process, there are two types of interest calculation is possible, interest calculation on open item and cleared items.
1.check whether open items and cleared items met due date
2.check GL account assignment
3.interest indicators are assigned to master record
4. check all configuration settings once
Regards
Prasad

Balance Interest Posting

Hi,
I had configured Balance Interest and I run that. It was going good interest was calculated, print form came, batch input session was created and run that also but master data like Customer, Vendor, GL was not updated.
Why master datas were not updated can any one give me solution please. I
Thanku

Hi,
Ya i assigned interest indicator to all masterdata's , bu still it not getting updated.
plse give me som soluction

Interest Post from the consumerist regarding breaking your verizon contract for free

http://consumerist.com/2011/06/new-fee-lets-you-break-verizon-contract-without-early-termination-fee.html
I have seen this post and related information about it, can someone (hopefully on the verizon side) share some information.

I'm pretty sure this is a violation of this forum, and will most likely be removed soon.

Posting of Interest in Dunning Run

Hi All,
I have configured Dunning and in the letter generated it displays the Dunning Charges as well as applicable Interest, which is correct according to the configuration.
However the same is not debited to the customer account. I have maintained all necessary account determinations for the indicator assigned to dunning procedure.
Kindly let me know how to post interest and charges to the customer through dunning run( F150).
Thanks in Advance.
Regards,
Ajay

Hi Jan,
To the best of my knowledge, with the documentation of dunning available on help.sap.com, it seems that dunning provided the functionality of posting also. And to me that looks logical also. If i have generated the letter and say some customer paid the interest ort dunning charge, how will the company account for that.
Second thing is manually doing the interest posting will be very hectic and prone to errors in case customer base is too high.
Third thing, when we are telling custmer that this is the amount which will be charged from you, than why not post it also simultaneously to the respctive accounts.
Please throw some more light. Also to me its still not clear that whether its posible in dunning to post interest and dunning charges documents?
Any authentic link/documentation in this regard will be very useful for me.
Thanks
Ajay

Forex Gain/loss posting from prior interest Accruals in capitaliization scenario !!

Gurus,
This is a decent question.
In SAP MM instruments, how do we post
Forex Gain/loss arisng from prior interest Accruals in capitaliization scenario !!
1. Is it REALIZED OR UNREALIZED gain/loss?
2. Should it even be considered Gain / Loss, in which case Accounting Entry will be like
DR/CR Interest Accrued
Cr/DR Interest Accrued Discount
Please advise.
Rahul

Hi Rahul,
Can you explain what do you mean by prior interest acrruals in capitalization scenario.
If you have a MM product which you are capitalizing the interest , then for previous month the accrual interest posted which is already posted will remain.
I am not clear about the scenario. Care to explain it pls

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 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 computation on Special GL Transactions

Dear Gurus,
We are on SAP 4.7 system and our requirement is to compute Interest to be paid to our Customers who have paid us Deposits. That is, the Deposits paid by Customers to us and booked using Special GL Transactions that lead to customer credit balances.
We have completed the configuration of Interest and the same is working fine for Debit balances. The computation is fine for all debit transactions.
However, the system is not computing Interest on Credit Balances lying in Customers Account thru Special GL Transactions. We have configured Item Interest calculation. The expectation is to compute interest on multiple Sp GL Line items of a Customer.
This is what we have done in configuration / spro:
Interest Calculation Global Settings:
1. Item Interest Calculation P for our Interest Indicators L1 and L2. (L1 assigned to Customer Master).
2. Number ranges
3. Prepare Interest on Arrears Calculation - L1 - configured to accept Open and all Cleared Items
4. Prepare Special G/L Transaction Interest Calculation - L1 Int Indicator mapped with L1
Interest Calculation
1. Define Reference Interest Rates
2. Define Time-Based Terms - L1 mapped with
Debit interest: arrears interest calc.
Credit interest: arrears interest calc.
3. Enter Interest Values
Now ideally speaking, maintaining these values, must lead to correct calculation of 'Computation of Interest on Special GL transactions'
The subsequent configurations are also completed, although, our understanding is that these are only for carrying out Financial Posting.
Interest Posting
1. Maintain Acct Determn - OBV1 - L1 is set up with Sp GL Indicator (somehow I feel this is not a required configuration for interest computation on Sp GL transaction but still tried with this one as well)
Please help.
Regards

Hi Venu,
Special g/l trans is not allowed in cash journal, but there is a workaround provided in OSS Notes: 532888
it states" Special G/L indicator (for example, for down payments)
The consideration of a special G/L indicator, in particular for down payments, has also not been provided for reasons of the simple useablity.
However, if you want to enter down payments in the cash journal, you should write a corresponding note as a workaround in the text field (for example, "Down payment"), post this amount to a clearing account that is intended for that in the cash journal and afterwards make a transfer posting of this clearing account with the corresponding special G/L indicator in the accounts receivable accounting."
hope this helps.
Please assign points as way to say thanks.

Interest posting

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