SAP Interest Calculation - Flat Amt

Hello,
My client charges penalty on his customers based on late payment. However, he charges Rs. 100 / day on each invoice amt as the interest for each day's delay. The penalty of Rs. 100 / day is independent of the invoice amt.
How to get this going?
Thanks

Hi,
Please check FQEVENT 2095 (Interest: Calculate Net Amount for Interest Calculation). If you can make net amount constant it will result in flat rate as expected. Additionally you can have code custom logic when to apply flat interest.
I haven't tried this, however you can try and let us.
Regards,
Avinash

Similar Messages

How SAP standard run the interest calculation in AR module

Dear expert,
would like to seek for your advise, how SAP standard run the interest calculation in AR module ?
Also advise,does the interest calculation generate the interest base on the dunning run?What are relationship between interest calculation generate ?
What are the T-code for running the interest so that able to generate the interest posting according to baseline due date?
On top of that, does SAP have standard AR interest calculation report and what are the T-code ?
Between, do you have any ideal the Interest Indicator ZB stand and reminder date it is the last reminder date,waive,KIV and charge Interest and also noted item amount mean for in the AR Interest Calculation report?
Please help.
Regards,
Karen

Hi,
Thank you for the promtp reply.
I still have query would like to seek for your advise.
1.Does the interest calculation generate the interest base on the dunning run?For example, the interest is only can be post/generated when there is dunning run and vise versa.
2.What are relationship between interest calculation generate ?Does interest generation depand on the dunning run?
On top of that, does SAP have standard AR interest calculation report and what are the T-code ?
3.Between, do you have any ideal the reminder date it is the last reminder date,waive,KIV and charge Interest and also noted item amount mean for in the AR Interest Calculation report?
4.For posting use F.2B and that will calculate interest on open items of customers. Does this posting is post as noted item or posting document? Beside, do we every day need to run this posting F.2B in order to update the AR interest calculation report and post the interest for the overdue invoice?
5.Do you have any reference link/document /SAP notes on calculate interest on arres F.2B?
a)How the program calculate those overdue invoice for example: does sap calculate the interest base on interest + due amount until the customer made the payment?
b) If customer made payment on the due amount and not the interest and vise versa? How theF.2B program logic work on the calculation ?
Please help.
Regards,
KH

Dunning interest calculation

Hi All,
When I checked table MHND, the dunning interest is calculated in such a way that it doesn't consider the previous dunned date.
Meaning :
Dunning ran on 12-01-09 interest calculated is 500.00 ( 2 docuemnst considerded from bsid as seen from table MHND )
Dunning ran on 15-01.09 interest calculated is 500.00 ( same as above)
Ideally for Dunning ran on 15-01.09 , it should not calculate interest since on 12th it is done..!!
Now queries:
1. Where can i see these interest calculated during dunning run ( any report ? ) other than table..? In std SAP, is this interest
calculated and shown only in the dunning letter ..? Does it have any other financial impact on outstanding..?
2. when I try to run the single dunn. notice, and see sample print out it gives message as
Account D 0004298846 is blocked by dunning run 20090319 MDUN1
why is it so and how to resolve..?
thanks,
Neha

can some one provide some advice on this..?
thanks,
Neha

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.

Customer Interest Calculation - Customer Receipt

Hi All,
We have implemented Item Interest Charges for Customer w.e.f Feb 12
We executed the Interest Run for Jan.12(our first cycle). and the system has posted Interest document for all relevant customer with applicable interest rates in Jan12.
In Feb12, we received a receipt from a customer for (whom we executed the Interest run) specific to a sales invoice.
When we tried to clear off the sales invoice the system does not allows to process customer receipt because interest amount has not been paid by customer.
Accounting department don't want to process Partial/Residual payment for the above transaction.
Now our management requires that we must have an option to set off the interests charges separately and the interest charge must not be included with sales invoice on customer receipt.
Lets take an example (for one customer with same currency)
Sales Invoice 1. 10000EUR
Sales Invoice 2. 5000EUR
Sales Invoice 3. 15000 EUR
Total Open item 30000 EUR
Interest Calculated for the above invoices (line item) Doc No Interest .1
Interest Amt : 100 EUR (Sales Invoice 1)
Interest Amt : 50 EUR (Sales Invoice 2)
Interest Amt : 150 EUR(Sales Invoice 3)
Overall Balance end of Jan12 (after Interest Run) : 30300 EUR.
We received a payment for Sales Invoice.1for 10000 EUR on 5 Feb 12(customer has not paid the interest amt for sales invoice.1)
When we process customer receipt (F-28 or F-30), the system is showing an details as Gross : 10000, Partially Paid Amt 100- and when we select the specific invoice the system displays an overall 10100 EUR.
Now our Question is that, is it possible to clear individual sales Invoice (with its original value) and Interest charge separately.
i.e as per the above case 10000 EUR separately & 100 EUR separately or entire interest amount (300EUR) separately, two different customer receipts.
As customer state that he will pay the Internet amount separately (as we have generated the Invoice for interest charges) might be complete 300 EUR in single payment or partial.
Can you provide any lead/workaround to overcome this scenario.
We are in ECC 6.2.
Do revert
Regards,

Found the solution. Just remove the tick from Include Invoice ref.in editing option.

Possibility to restrict interest calculation on open items only

Hello All,
How to restrict calculation to Open Items only via configuration when the system calculates interest on arrears. I have checked the options for interest on arrears and there is no option to restrict via customizing.Ofcourse, there is an option to calculate interest on open item in Item interest calculation but looks like the changes made for the item interest calculation (t056UX) will not work here for t056U(calculation on arrears).
In f.2b , It is possible to exclude the cleared documents via dynamic selections as per the SAP note provided long time back. But this is only a work around.
Any suggestions to restrict via configuration for int. on arrears for open items only?
Thanks in advance....

HI!
It's used for Customer Int Calculations.
INTEREST CALCULATIONS
Ob46          Define Interest calculation
Obaa          Prepare A/c balance interest calculation
Oba4          Define Reference Interest Rates
Ob81          Define Time Depend term
Ob83          Enter Interest values
F-52          Interest calculation
          To give Effect for floating rate of Int
          Foreign currency balances revaluation
Ob59          Define valuation methods
regards,
Rup

Interest calculation on bank loan

Hi guru,
we have taken long term loan from 10 banks.we have to calculate interest on loan from each bank.we have maintained each bank loan a/c as a vendor.As we know the procedure as given by sap for balance interest calculation will be followed here.is it correct or not.one more doubt is whether treating each loan a/c as a vendor is correct or not.
Thanks
shivaji

Hi,
Here you need Balance interest calculation.
Balance interest calculation used for bank loans. It calculate GL balance only
it will take particular period and need to configure document type SA.
Item interest calculation used for item wise calculations like vendor wise and customer wise. It depends on payment terms and in this GL accounts Select open item management.
I hope it is cleared.
Thanks & Regards,
Haribabu Bodapudi

Interest calculation on bank cash credit account

Hi All
My requirement is to calculate interest on cash credit account in
bank . The interest is charged as for e.g 10% on any withdrawals above
10000 and 12% on any withdrawals above 15000 . Whre to set this limit ?
How will this cycle be done and will it be posted to GLs by this interest
calculation run or can it be used just for information purpose to cross
check the interest calculated by the bank ?
Please respond .

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.
To display all transaction codes:
Go to t.code:SE16
Table name: TSTC
Keep blank maximum number of hits.
Total transaction codes in SAP 70837.
The following steps are involved in interest calculation.
1. Define interest calculation types (OB46)
2. Prepare account balance interest calculation (OBAA)
3. Define reference interest rate (OBAC)
4. Define time dependent terms (OB81)
5. Enter interest values (OB83)
6. Creation of G L Accounts (FS00)
7. Define automatic posting (OBV2)
8. Entry for loan (F-02)
9. Interest calculation run (F.52)

Interest calculation on openitems only

Hello All,
How to restrict calculation to Open Items only via configuration when the system calculates interest on arrears. I have checked the options for interest on arrears and there is no option to restrict via customizing.Ofcourse, there is an option to calculate interest on open item in Item interest calculation but looks like the changes made for the item interest calculation (t056UX) will not work here for t056U(calculation on arrears).
In f.2b , It is possible to exclude the cleared documents via dynamic selections as per the SAP note provided long time back. But this is only a work around.
Any suggestions to restrict via configuration for int. on arrears for open items only?

Hi,
While creating reference interest indicators give the calulation from date (your required date). Then the system will calculate from date whatever you have mentioned.
Assign Points if useful
Regards
Ravindra

Inquiry on Interest Calculation using Interest on Arrears for Accounts Rece

Question:How can we calculate interest on the number of days from the document date, but only start selecting the item for interest after the item is past due?
Scenario:
Document date - March 18th
Due date - April 2nd
Desired results:
1) When running interest at the end of march the invoice will not be selected (as it is not past due)
2) When running interest at the end of April, Interest should be assessed for 12 days for March and 30 days for April (if past due, interest is calculated from the original document date and not the past due date).
Attempt:
In config I tried to set up the Interest Indicator (in Prepare Item Interest Calculation) to have Ref Date as Document Date, but the calculation still returns only 19 days for April (using due date).
Does SAP support this business requirement?
Thank you,
Rachel

Hi,
Please make use of the event 2010-Interest: Exclude Items.
Here all the line items on the account are passed one by one and records which are eligible for interest calculations are retained and rest are excluded by RAISE item_blocked.
You can put the check in this event on the amount.
Regards,
Gaurav.

Error in Interest Calculation of Dunning Wizard

In our company the Local currency is USD, the system currency is CAD. I am running Dunning Wizard for a BP with two invoices past due. Both invoices are in CAD, however in the interest calculation, the interest amount is shown in USD only which does not make sense, and even when I try to change it to CAD values, it won't let me and give error msg "wrong currency".
Question:
1. What is the fix for this problem ?
2. We are in SAP B1 version 2005, SP1 patch 45. Will this problem be fixed in version 2005 latest patch (56) ? If not, will it be fixed in version 2007?
I do have a printscreen but don't know how I can upload to the thread.

Below is the answer I got from SAP support and I tested it's working. Put it here for the benefit of others who may have the same problem.
Reference: SAP Note 0000950583
Dunning Wizard displays Local Currency instead BP Currency
Symptom
When running the 'Dunning Wizard' the interest currency is always set as local currency instead of the business partners currency.
Other terms
Dunning, wizard, interest, amount, foreign, currency, local, system, LC, SC, FC, MC, display, show, present, SAP Business One
Reason and Prerequisites
Solution
Example:
Local currency: Currency A
System Currency: Currency B
BP Currency: Currency C
The currencies displayed in the Dunning Wizard Recommendation Report are defined under Administration - Definitions - Business partners - Define Dunning Terms.
Interest amount - The interest amount calculated for the invoice. The calculation is done in accordance with the defined dunning term assigned to the customer (by the remaining amount or the amount in the original document).
Use Original Exchange Rate from Invoice: The basis for interest calculation is the local currency this will display the local currency name on the Recommendation Report Dunning Wizard.
Use Current Exchange Rate: The basis for interest calculation will be in foreign currency this will display the foreign currency name on the Recommendation Report Dunning Wizard.
In addition, the interest and total sum displayed in the Dunning Wizard report will be in local currency, and all other values in foreign currency.
To display the interest amount in foreign currency on Dunning Wizard select "Use Current Exchange Rate" on "Define Dunning Terms" this will display the foreign currency name on the Recommendation Report Dunning Wizard.

Posting interest calculated in Dunning run

Hi SAP Guru's,
I have set up item interest calculation and dunning run.
When I make a dunning run, I can see the interest being calculated but it is not getting posted automatically.
Also the interest calculated during dunning is not getting reflected in the dunning letter.
Can you please help me with posting of interest from dunning run.
Thanks in advance
Br.,
Neeraj

Dear Neeraj,
Interest amounts are not posted in FI standard dunning. The interest
amount is calculated and displayed in the list/ in the pintout,
but it is not posted - so there are no new documents that you can
see in FBL5N.
Please read for Your info notes 156985 and 82995.
I hope this helps You.
Mauri

Dunning (Want to add interest calculation on unpaid invoices (open items)

We have a requirement in dunning program. we would like to add interest calculation on unpaid invoices (open items) to our dunning letters. This interest should be not posted, but calculated only for information purposes. At this moment we can calculate interest only on cleared items.
anyone has any idea about this ? what possibilities are there in SAP for this requirement?
Thanks,
Naveen

Hello Vimal ,
I want to understand we have setting in Dunning FBMP and OB42. if i will set the interest in OB42 and Select the interest indicator in FBMP.! the interest will be calculated for open items and no posting will be done in customer A/c?
Will you please elobrate about the setting that will be required to do the setting as per the requirement.
Thanks,
Naveen
Edited by: Naveen.Rana on May 26, 2011 9:22 AM

Interest calculation procedure in Dunning

How to calculate the Interest in dunning?
What are the steps needed to be configured for the interest calculation for the dunning process?

This configuration allows you to charge interest on overdue customer accounts. Interest can be calculated by using the line items or overall account balances. SAP keep tracks of the date of the last interest run and stores it in the customer master record.
First create an Interest Indicator.
OB46 - Interest Settlement Calculation Type
Int Calc. Type
P - calculate interest based on line items.
S - calculate interest based on account balances.
Secornd, make it avaliable to the interest run program.
OB82 - Interest Terms
Third, determine the interest rate that will be used by the calculation.
OBAC - Define Reference Interest Rates
OB83 - Enter the Reference Interest Rates Value
Fourth, assign the interest indicator to the reference interest rate.
OB81 - Define Time Dependent Terms
Finally, determine the how and to which accounts the interest program will post.
OBV1 - Prepare Interest on Arrears Calculation

What are the custimization steps to run interest calculations for customers

Hi,
I need a full custimization steps to configure the interest calculations for customers. i created interest indicators, g/l accounts and account determinations also. but no interest is calculating for customers and customers are having no of days to calculate the interest. So please guide me on this regard.

Hi,
Configuring the Interest Calculations Procedure
This configuration allows you to charge interest on overdue customer accounts. Interest can be calculated by using the line items or overall account balances. SAP keep tracks of the date of the last interest run and stores it in the customer master record.
First create an Interest Indicator.
OB46 - Interest Settlement Calculation Type
Int Calc. Type
P - calculate interest based on line items.
S - calculate interest based on account balances.
Secornd, make it avaliable to the interest run program.
OB82 - Interest Terms
Third, determine the interest rate that will be used by the calculation.
OBAC - Define Reference Interest Rates
OB83 - Enter the Reference Interest Rates Value
Fourth, assign the interest indicator to the reference interest rate.
OB81 - Define Time Dependent Terms
Finally, determine the how and to which accounts the interest program will post.
OBV1 - Prepare Interest on Arrears Calculation
Please check out the following link also:
http://help.sap.com/saphelp_erp2004/helpdata/en/41/37b8e7455b11d182b40000e829fbfe/frameset.htm
Hope this helps.
Please assign points as a way to say thanks.
Regards,

SAP Interest Calculation - Flat Amt

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