RE: ITEM INT CALCULATION

Can anybody provide me with Item interest calculation configuration steps as i am unable to run it. Kindly mail me through this mail ID [email protected]

Hi
- Define Interest calculation Types
SPRO->Financial Accounting-> Accounts Receivable and Accounts Payable-> Business Transactions-> Interest Calculation-> Interest Calculation Global Settings-> Define Interest Calculation Types
It determines whether interest is on per item or balance
- Interest Indicator
SPRO-> ...->Interest Calculation> Interest Calculation Global Settings> Prepare Interest on Arrears Calculation
- Interest Rates
SPRO->.....>Interest Calculation> Interest Calculation > Define Reference Interest Rates
- Interest Values
SPRO->........>Interest Calculation> Interest Calculation > Enter Interest Values
- Assigning Reference interest rate to interest indicator
SPRO->..........>Interest Calculation> Interest Calculation > Define Time-Based Terms
- Interest Posting
Tcode-OBVI (Approporate GL Accounts should be existing for Interest Accounting and they are configured here)
- Also set the interest indicator in GL Account Master record
- Interest Calculation
Depending on requirement, run the appropriate TCode. eg: F.2B and that will calculate interest on open items of customers
assign points if useful

Similar Messages

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.

Item Interest Calculation for partially cleared items

Hi
We need to do interest calculation on Customer Line Items. The T Code we are using is FINT. We have set an interest indicator for Item Interest Calculation, with Interest Calculation based on Items Cleared with Payments. The requirement is that Interest should be calculated on even partially cleared items. Suppose a customer invoice is generated on 1.1.2009 for INR 100000 and becomes due for payment on 30.1.2009. Now on 10.2.2009, a partial payment is recieved against this invoice for INR 30000. System should calculate interest on INR 30000 for 11 days. Now again on 20.2.2009, remaining payment of INR 70000 is recieved. In such a case, interest should be calculated on INR 70000 for 21 days @ 1.25% PM. In the current configuration, when we define that system should calculate interest on Open Items cleared with payments, system calculates interest on INR 100000 for 1.25% for 21 days. Pls suggest.
Regards
Sanil Bhandari

Hi u can check all below steps with specific fields i thought it is working perfectly check it.
1. Define Interest Calculation Types
here u can enter int rate type as a "S" Balance interest calculation
2. Prepare Account Balance Interest Calculation
here u can enter int calculation frequency means monthly or quarterly etc. calander type G, select balance plu int check box
3. Define Reference Interest Rates
Here u can enter date currency
4. Define Time-Dependent Terms
here u can enter currency effective from date sequential number term (Debit interest: balance interest calc. or Credit interest: balance interest calc.) referance int rate enter before step what u r defined that one u can enter here.
5. Enter Interest Values
here u can enter interest rate for that referance int type
6. Prepare G/L Account Balance Interest Calculation
Here u can enter ur g/l accounts
0001            Interest received (int received a/c)
0002            Interest paid      (int paid a/c)
0011            Pt vl.min.int.earned(int received a/c)
0012            Pst vl.min.int.paid(int paid a/c)
0013            Pst vl.dt.int.earned(int received a/c)
0014            Past val.dt.int.paid(int paid a/c)
0015            Calc.per.int.earned(int received a/c)
0016            Calc.period int.paid(int paid a/c)
1000            G/L account (earned)(Loan giving a/c)
2000            G/L account (paid) (Loan taking a/c)
after that u can post transaction execute ur transaction code i thought it is helpful for u
Regards,
Nauma.

Cleared Items Interest Calculation on Customers

Hi,
Following is the Requirement.
On 01.04.08
1. Creating a Credit Memo in FB75.
                   Misc Deposit A/c Dr..
                              To Customer A/c
2. Clearing Customer in f-31
                   Customer A/c -Dr ..
                              To Bank A/c
With this there wont be any open item on customer
But on 30.04.08 We have to calculate interest on above Misc Deposit Amount which is not paid by customer.
For Customer Credit Items Interest is being calculated fine, No problm.
Where as for above scenario.. i am not able to calculate interest .
pls do suggest some inputs.
Regards,
Shashi kanth

At least explain me about cleared items interest calculation..
in which scenario it is being used..
Regards,
shashi kanth

Cleared Items Interest Calculation??

Hi,
Can somebody explain about "Cleared Items Interest Calculation"??
when we do this and the procedure to achieve this??
Thanks in advance,
Shashi Kanth

Hi Ashok, Thank U.
So here we have to calculate the amount paid by them after due date(cleared item)
and the next time we may calculate interest on the amount which is due(open Line item)
.Here the wording i have used is correct or ..???
let me know clearly on this.
Thank U.I got some clearance now.
I will Assign u maximum.
Thanks
shashi.

"Interest on Arrears calculation" vs "Item Interest Calculation"

Hi all,
Could anyone explain me the difference between "Interest on Arrears calculation" and "Item Interest Calculation" and in what cases they are used.
Thanks,
DSK.

Item Interest Calculation
    In this activity you make the general settings for the individual
    interest indicators for the item interest calculation
     These include settings for selecting the items and for
    calculating the interest. You can also enter specifications for interest
    postprocessing, output control, and for posting.
Account Balance Interest Calculation
     In this step you make general specifications for each interest indicator
     for the account balance interest calculation. These include
     determination of the period, the interest determination, the subsequent
     processing of interest, the output control for printing forms as well as
     the terms of payment
Regards
Arun

Combining quantities of Two line items while calculating Free goods qty

Hi,
Scenario is: On every sales of 50 pieces( 50 pieces can be of different material like Mat A and Mat B) in single sales order,
5 pieces ( of Material A) should be given as Free goods.
Means: I want to total the quantities of all the line item before calculation of the Free goods.
Is it possible in SAP if yes, how to do it?
Regards
Gaurav

Hi,
I have one solution but I have not tried it. You can try.
What you can do is to group all the materials for which you want to give free goods
Add new field Material group from field catalogue to Condition table - create new condition table
create access seq and put this table in it, put acc. seq in cond. type, assign it to free goods determination
Create condition record, enter this material group and qty., I guess here system will total the qty of all the materials that you will enter in sales order assuming you have assigned mat. group in respective material master
Try this and post your feedback
If it works, it will be good for all friends having similar req.
regards,
Sagar

VENDOR LINE ITEM INTEREST CALCULATION

Hi Friends.
I configured all the settings relating to the line item interest calculation on vendor line items with interest calculation frequency as 1 month.
When I run the program for the first month by using T.code F.47 by specifying the from date and to date, the system is calculating interest amount correctly but when I run the same program for the second month by specifying the from date and to date, the system is calculating interest for the current month as well as the previous month.
Please respond.
Regards.
Srini

Hi Venkat,
The system takes the open items into consideration when calculating the interest. May be the open items that were there in the first month still continue to be existing during the current month also. Try clearing some of the previous month's open item and run the program. You should see some difference in the interest calculation.
Thanks,
P.k

Item Interest Calculation

Dear all,
We have configured item interest calculation. That is if the payment term is 25 days from the date of invoice, the grace days is 3 days. So if the payment is made on the 28th day, the interest should not calculate but if the payment is made on the 29th day, the interest should calculate for 1 day.
In SAP, there is a concept of tolerance day but it doesn't work as per the above requirement.
Please suggest how it can be done.
Thanks & Regards,
A.Anandarajan.

Hi
Please check in OBB8
Regards,
Schilukuri

Item interest calculation configure

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hi , friends
can you anyone send me the configuraton of item interest calculation with screen shots ,its very urgent
my id is goutam.jena at genus.in
thnxs
Edited by: gautam kumar on Jul 14, 2008 10:48 AM

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hi , friends
can you anyone send me the configuraton of item interest calculation with screen shots ,its very urgent
my id is goutam.jena at genus.in
thnxs
Edited by: gautam kumar on Jul 14, 2008 10:48 AM

Item interest calculation config

Hi Guru's
Can get the Item interest calculation config..............
Thanks in advance
Renu

Hi,
Please check this link
[Item Interest Calculation|http://www.sap-basis-abap.com/fico/steps-for-calculation-of-arrers-item%20interest.htm]
[Interest Calculation|http://www.sap-img.com/financial/recurring-documents-and-interest-calculation.htm]
Regards,
Jigar

What is debit and credit, open item interest calculation??

Dear Members,
What is
1. Debit Interest Calculation?
2. Credit Interest Calculation?
3. Open and Cleard Item Interest Calculation?

Hi...
Interest can be calculated on debit balance or credit balance based on AR or AP..
There are two defined interest calculation types in the SAP
system.
1. Balance interest calculation.
2. Item interest calculation.
System defined variant for balance interest calculation type
is u2018Su2019 and item interest calculation type is u2018Pu2019. Balance
interest type calculation is used for G L Accounts. Item
interest type calculation is used for vendors and customers.
Hope you are clear...
Good Luck!!!
Lucid-Mind...

Item interest calculation in General Ledger Accounting

HI All,
we want to calculate interest for each deposit wise these
deposits have different openings dates and maturity dates
and different interest ratess we want interest each deposit
wise but GL code is one for different deposits Ex: FD ICICI
Account normally we can calculate interest on GL Account balances
is it possible to calculate item interest calculation in GL
accounting as like AR and AP
can any body suggest solution for this requirement
Regards
Madhava rao
SAP FI.CO consultant
Mob:09909992228

HI any body knows how to calculate interest for each deposit wise these deposits have different openings dates and maturity dates and we have only one GL master record for different deposits we want item interest calculation in General ledger aaccounting can any body suggest this query
Regards
Madhava rao
SAP FI.CO consultant

EC-CS transaction CXCL "item substitution/calculation of retained earnings"

in EC-CS transaction CXCL "item substitution/calculation of retained earnings" is not updating group currency on a consolidation unit that was changed from flexible upload to rollup. It does update transaction and local currencies but not group. Does anyone have any ideas as to what could cause this.

We changed the unit from flexible upload to EC-CS to upload to FI. At this time we changed the unit masted data from flixible upload to rollup and added it to the rollup sets for GL25. We entered year to date numbers in FI for year to date november manually then did the first upload to FI and rollup to EC-CS for month of december which picks up current month. Prior to doing this when we uploaded to EC-CS and the ran CXCL "item substitution/calculation of retained earnings" it would update the two accounts "Retained Earnings Current Year" and "Net Income Current Year" which are set up for this purpose with both local and group currency. After the changes it began updating only the local currency.
If I do the rollup then run CXCL and run CX34 the CX34 will show a balance in the two accounts for local currency equal to the current month earnings in local currency but the group currency is zero 00.00

Forwarding agreement can not release; Check items and calculation sheets.

Hi Experts,
While releasing status of a forwarding agreement to getting error message "Agreement can not release; Check items and calculation sheets''.
Please refer the screen shot attached and suggest.
Thanks & Regards,
Shaktiprasad Dash

Hello Shakthi,
Firstly, have you maintained TCCS in your forwarding agreement?
You migt have inserted new item. However, there are no TCCS maintinaed in that agreement item.
In such cases those error messages are displayed. Restricting you from releasing the agreement.
Other cases:
is your TCCS local?
If your TCCS is global then ideally the charge usage should be any of the below: "customer", "Customer & service" or "ALL" for Forwarding Agreement to consume it.
For Local TCCS by defalut charge usage will be set to "Customer".
If Local, check whether have you missed any mandatory fields like amount, Currency.
If there are any % charge line, then the refrence number would have been missing or you might be referencing incorrectly.
For Global TCCS if any of the above is incorrectly maintianed it will not allow you to save the TCCS.
If you can attach the screenshot of the TCCS it will be helpful for me to solve your issue.
Best Regards,
Dimpu

RE: ITEM INT CALCULATION

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