Reg. Interest calc

Hi
I am getting error while running F.52 for Bank OD Interest.
"Error when determining accounts to be posted to (posting interface)
Appl Business t CoCo Int.ind. Bus. Curre Chrt Replace
Status
0004 1000 1000 V1 INR 1000 150210
Replacement of account symbol not possible"
I also tried with the above 150210 by masking like 150+++
Thanks & Regards
Narayana

Hi Narayana,
Looks like you have not configured the Interest Calculation totally. The menu path is SPRO - Financial Accounting - Accounts Receivable and Payable - Business Transactions - Interest Calculation. From here if you go to Interest Posting and A/R Balance Interest Calculation or A/P Balance Interest Calculation. Maintain the GL Accounts in this setting.
The A/R or the A/P account will be ++++++++++ and then Debit Interest, specify the account number to which the entry needs to be posted and Credit Interest will also be the same account, but if you need you can assign a different account.
In this step, you can also define a seperate Document Type if required.
If you are configuring balance interest calculation for GL Accounts, then the settings need to be maintained at SPRO - Financial Accounting - General Ledger Accounting - Business Transactions - Bank Interest Calculation - Interest Posting - Prepare GL Account Balance Interest Calculation.
Assign Points accordingly.
Thanks,
Madhav Nanduri

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Reg:interest calculation on customers for f.26

Hi,
After doing the transaction f.26 interest calculation on customers (security depost) then we are running the batch input session there system asking business place and profit center there we are giving manually, my client having thousands of customers so they wants update these automatically.
is there any option for automatically updation for business place and profit center.
Kindly give me the solution.
Thanks &Reg
obi

Dear,
To update the Business Place automatically, you will definately need to set up Sunstitution in trasaction GGB1 and assign the same in OBBH to your company code....
If Profit Center is not variable and can same every time then you can use transaction 3KEH and assign the Profit Center to the customer reconciliation account or any other account you want for others....
If Profit Center is based on customer group or it is variable then you will need to set up substitution......it is better that you set up substitution for both Profit Centre and Business Place..........
Regards,
Chintan Joshi

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

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 on Dunning Letter

Dear all,
I have configurated dunning with charges and interest. The charges appears in the dunning run but not the interest. I have done following:
- Entered interest indicator in the dunning procedure
- Ticked calculate interest on level 2 and 3 in dunning procedure
- Entered charges on dunning level 2 and 3
- Entered an interest rate in transaction OB42
Is there anything else I need to do for getting interest on dunning level 2 and 3?
We don´t have separate interest calculation (interest invoices), only interest on dunning.
Thanks in advance!
Best Regards L

Dear Maurizio,
Exactly, I want the interest to be visible on the print out but no FI document posted. But why is there no iterest in my dunning run and print out?
First havn´t enter any interest in OB42 and then I get information in log: Interest indicator 01 and currency EUR are missing in T056Z. So it seems that my configuration should work but not..
I have entered in transaction OB81:
01, EUR, 20110101, 1, Debit interest; arrears interest calc. 0,00, Premium 7,000000 (7% is our interest)
01, EUR, 20110101, 2, Credit interest; arrears interest calc. 0,00, Premium 7,000000 (7% is our interest)
Is above correct?
I have read note 82995 and 874603. In note 874603, do I have to do all settings for interest calculation when I only want interest as information on printout? I understand the note that the information about interest calculation is when I have interest calculation separate from dunning (as FINT) and I don´t need to do all those settings when only information on dunning letter. Correct?
Thanks in advance!
BR L

F150 dunning prog. and Gregorian calendar-wrong interest rates calculation

Hello everyone,
I have a problem with F150 - dunnning program and the Gregorian Calendar. I defined a interest rate indicator and I choose Gregorian calendar - 365 days in the year but SAP calculate 360 days and the interest rates are wrong u2013 to high. I have found the OSS note 82995 - Dunning program interest calc. on 360 not 365 days u2013 but as a matter of fact there is no solution which is appropriate for me because I want to print interest along with dunning letter. Maybe you had had the same problem and maybe you found solution.
Thank for you help
Tom

FSKB G/L Account Posting
this transaction is not working

Error while running Customer Interest Report

Hello All,
I am configuering Interest on Customer arrears/balance & I am getting an error "NO TIME-DEPENDENT CONDITIONS FOR INDICATOR EF" while running FINT. I have checked all the threads but there is no such query exept one. Please guide me to solve this. Below is the copy of steps i am follwing for Interest Configueration:
1) Created Balance Interest Calculation Type EF.
2) Maintained General conditions for Interest Scale, Interest Calc Freq=1, Calender typ=g, Flagged Interest rates depend on total amt, given the number range for forms and flagged Balance plus Int.
3) Created Reference Int Rates.
4) Time Dependent Terms = 1st = EFGHARR, INR, 01012011, 1, Credit Interest:arrears interest calc., 0, Ref. Interest rate - EFGH. 2nd = EFGHBAL, INR, 01012011, 1, Credit Interest:balance interest calc., 0, Ref. Interest rage - EFGH.
5) Interest values. Reference - EFGH, valid-01012011, rate 5
6) OBV1 = B.Transaction - 1000, Acct. Symbol - 0001.
7) OBV3 = B. Transaction - 1000, Acct. Symbol - 0001.
8) Have assigned the form F_D_INT_SCALE_00 and created the number range.
Please note that i have created a GL account under INCOME which i have assigned in OBV1 & OBV3. Do I need to Interest Indicator in my customer recon account?
Please advice,
Thanks,
Kamal

if you want to generate interest on customer overdue line item you have to maintain Debit Interest: arrears Interest calc. Now you have maintained only Credit Interest: arrears Interest calc it will calculate the amount paid by the customer in excess of the actual amount that means the amount paid to the customers, i hope you understand

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

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.

Interest calculation onHundi

Hi
Hundi Payments, that is vendor invoice paid before due date.
We need the system to calculate interest on early payments & reduce it from the Invoice value.
The interest on early payments to be mapped as discount & automatic posting needs to be made to G.L accounts.
Can anyone tell me how this can be configured
Regards
Aravind

Hi Laxmi,
From this error I could understand that you not maintained the configuration properly, try this,
Use transaction OB81, Press new entry and fill the fields as follow.
Int. calc. indicator E1
Currency Key        INR
Eff. from               01.04.2008
Term                   Debit interest: balance interest calc.
Moreover also map the reference interest rate if maintained. (you can maintain this using OBAC)
and maintain interest rate using transaction OB83
Regards,
Chintan Joshi.

Different interest percentages for different over due days

Hi Experts,
I have the following scenario with respect to the Interest calc for customers.
1. If the line item is over due till 90 days interest will be charged 10%
2. If the same line item is over due more than 90 days interest should be charged 12%
Can you please provide me with a possible way to configure this scenario?
Thanks in advance.
Siva Cheruvu

Dear Siva Cheruvu ,
the programs for interest calculation for open items (RFDUZI00 or
RFKUZI00) and for interest calculation for balances (RFSZIS00, RFDZIS00,
RFKZIS00) calculate interest linearly.
Kindly review the SAP Note 403580. As this note states, you may
have to use BTE 4152 for interest calculation changes, in case you want
to use a different formula than the one available in the standard.
About the new report RFINTITAR and RFINTITAP, please check the SAP note 736223 that gives You additional information to allow You to do own programming.
Several Badis can help You by se19 to do it as FI_INT_CUS01 for example.
Mauri

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

How sap calculate the arrears interest?

Hi All,
I am doing the configuration about arreas interest.
My configuration:
Interest Type:Item interest calculation
Calendar type:30/360
Time-based Terms:
    Credit interest: arrears interest calc
    Premium:0
Reference Interest Rate Values:1.0
I make some tests.
overdue day: 1 day
overdue_amount |interest|increased_interest
1000           | 0.834 |
2000           | 0.917 | 0.083
3000           | 1.001 | 0.084
4000           | 1.084 | 0.083
Could you help me to find how sap calculate the arrears interest?
Many Thanks!
Message was edited by:
        Chen Zhonghua

Hi
First u have to define interest calculation types ( i.e. Item interest calculation typeP)
u have define GL accounts Interest Recevied account
then u have to define prepare interest areas calculations in that u have to define interest indiacator .
then
u have to define refeence interest rates
define time based terms
enter interest values
then u have to define AR calculation of interest on arrears in that u have to define business transactions
then u have to assign interest indicator to customer master
then execute the Interest calculation F.24
Regards
Suresh

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.

Interst on vendor invoice

how do we calculate the interst on a vendor invoice.
please help.
i will assign points on any inputs

Hi,
Follow the following steps
Financial Accounting> Accounts Receivable and Accounts Payable> Business Transactions> Interest Calculation
Interest Calculation Global Settings>
Define Interest Calculation Types
Give the Interest Indicator (your choice)
Select the interest cal. Type as Z-Penalty Interest Calculation
Define Number Ranges for Interest Forms
Define the number range here with internal numbering
Prepare Item Interest Calculation
New entries>
Check Open Items Check Box
Check radio buttons as required
Ref. Date-4
Calendar type-G
Factory Calendar ID-select your factory calander
Check box Post Interest
Save your entries
Define Reference Interest Rates
Ref.int.rate- Give the Code
Long text-
Date from- Effective Date of the interest
Currency
Save your entry
Define Time-Based Terms
Int.calc.indicator-Give your indicator
Currency Key
Eff. From- Date
Sequential number-1
Term-Credit interest: arrears interest calc.
Ref. interest rate- Give the ref. rate as defined above
Save your entries
Enter Interest Values
New Entries
Select your Reference as defined above
Enter the Interest Rate
Interest Posting
Interest on Arrears Calculation (Vendors)
Create Symbols- Create symbol for interest received
Save your entry
Create- Posting Specifications Click on the create symbol
Business Transaction-1000
Enter the Debit and Credit Posting Key and the account symbol as created: Interest Receivd
Accounts
Chart of Accounts
Select Account Symbol for Interest Received
Currency-
GL Account- Give the Account for interest received-Revenue account
Your Configuration is complete here.
Now mention this interest indicator in your vendor account.
Interest postings can be carried out through T-Code- F.44
Regards,
Vijay

Reg. Interest calc

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