Vendor Interest calculation with penalty calculation

Dear All,
We have some requiremnt from my client.
We receive Deposit from our Loan Creditor for a specified period and refund/payback the amount along with interest after completion of the tenure of the deposit.
Meanwhile,if the depositor wants to withdraw the principle amount then the following are the scenarios,
In case the deposit is withdrawn after 6 months but before 18 months, then the rate applicable for ONE year shall be taken and 1% penalty should be deducted and interest shall be recalculated for the period for which the deposit is run and excess interest paid (if any) is to be deducted from the interest/principal.
In case the deposit is withdrawn after 18 months but before 30 months, then the rate applicable for TWO year shall be taken and 1% penalty should be deducted and interest shall be recalculated for the period for which the deposit is run and excess interest paid (if any) is to be deducted from the interest/principal.
In case the deposit is withdrawn after 30 months but before 36 months, then the rate applicable for THREE year shall be taken and 1% penalty should be deducted and interest shall be recalculated for the period for which the deposit is run and excess interest paid (if any) is to be deducted from the interest/principal.
Also we want the applicable tax should be deducted on interest and the net interset amount should be credited to depositoru2019s account once we are execute the (period specific) interest calculation run in SAP.
The entry must be
Interest on Fixed Deposits Dr
Interest Payable on Fixed Deposits (Net of TDS, if applicable) Cr
TDS on Interest Payable CR
Do suggest,how this can been config in SAP system.
Appreciate your time and patience.
Regards,

Dear All,
Stil;l expected some inputs on our req.
Do comment
Regards

Similar Messages

Calculation of interest amount with two variables formula

Hello everyone,
Iu2019m facing a problem with the way that TRM calculate the interest amount for money market transaction when I have a formula with two variable, e.g. reference interest rate u201CXu201D multiplied by 0,98.
Some contracts explicitly say that to obtain the u201Cdaily interest rateu201D of the contract firstly the u201Cdaily interest rateu201D of the reference interest rate must be calculated and then apply a index or factor (e.g. 0,98). In the other hand some contracts says that it should be done the other way around. Iu2019ve noticed that TRM calculate the interest amount using the first way.
Is there any way to set which the way the interest amount should be calculates?
Has anyone faced similar problem?
The examples below illustrate the difference in the two ways to calculate interest amount.
Considering the following money market transaction:
1. Borrowing structure:
1.1. amount: USD 1.000.000,00
1.2. flow type: 1105 u201CBorrowing/Increaseu201D
2. Term (only one day to simplify the example)
2.1. Start date: 30.01.2011
2.2. End data: 31.01.2011
3. Interest structure:
3.1. Interest form: VARIABLE ( formula = Z1 * 0,98), where u201CZ1u201D is a reference interest rate
3.2. condition type: 1200 u201CNominal interestu201D
3.3. Interest calculation method: ActW/252
Considering that Z1u2019s annual interest rate in 30.01.2011 is 11,66%, TRM would perform the following calculation:
1. Contract annual interest rate (%) = Z1*0,98 = 11,66 *0,98 = 11,42680000%
2. Convert from u201CContract annual interest rate (%)u201D to number = 1,11426800
3. u201CContract daily interest rateu201D = 1,11426800 ^(1/252) = 1,00042945
4. Convert from u201Cnumberu201D to Day interest rate (%) = 0,04294481%
5. Interest amount = u201CContract daily interest rateu201D * Borrowed amount = 0,04294481% * 10.000.000,00 = 4.294,48
In the other hand, some contracts say that the interest rate should be calculated in the following way:
1. Annual interest rate (%) = 11,66 = 11,66000000%
2. Convert from u201CAnnual interest rate (%)u201D to number = 1,11660000
3. Daily interest rate = 1,11660000 ^(1/252) = 1,00043775
4. Convert from u201Cnumberu201D to Daily interest rate (%) = 0,04377480%
5. Calculate u201CContract daily interest rateu201D = 0,04377480% * 0,98 = 0,04289930%
5. Interest amount = u201CContract daily interest rate (%)u201D * Borrowed amount = 0,04289930% * 10.000.000,00 = 4.289,93
With this simple scenario we end up with a USD 4,55 difference for a single day, but for big contracts of hundred millions and for several years the difference is quite huge.
Thanks in advance ..
Giuliano

Hi,
with Product Category 550 you can have both scenarios:
for the 1st case you can use a formular (e.g. EONIA * 0,98)
=> interest for 1 day: 462,70 EUR
for the 2nd case you can use the field Variable Interest Rate (EONIA) + field Payment Rate (98)
=> interest for 1 day: 453,44 EUR
Is this, what you are looking for?
Regards,
Lorenz

Interest Calculation with Special G/L indicator

Dear Gurus,
I am facing problem while running the transaction FINT for interest calculation.
When am running this transaction without providing sp. G/L indicator it is working fine.
but when giving sp. g/l indicator (A : Advance Payment) in selection screen system is throwing error as follows
Mes No.         Message Text
100     Interest indicator HI is defined in the account
101     Interest will be calculated on cleared items
102     Interest will be calculated on open items
105     Interest has already been calculated on the account to 00.00.0000
Can any body suggest what mistake am doing in configuration.
Regards
Rupesh

Hi
You can use OBV1 - Interest calcualtion account assignment screen for configuring posting keys and accounts.T You need to check the box Special G/L Indcator here in account determination posting specifications detail screen.
Reg,
Shashi Somani
Edited by: SKSomani on Aug 6, 2009 6:21 PM Tcode OBV1

Interest charges should be calculated on the original invoice value

Interest should be charged monthly . Invoice issued to customer stating 'interest for late payment of invoicesu2026'. Subsequent interest charges should be calculated on the original invoice value

Hi,
please select a particular document type(except DR/KR) for customers/vendors for interest postings.
so that system post interest postings only this document type. While doing the interest calculation you can exclude this document type, so that interest can be calculated only on invoice line items only.
please use the following path to determine document type for transactions OBV1, OBV9, OBV3 & OBV4.
Goto---Doc. type.
Rgds
Murali. N

Vendor evaluation delivery subcriteria's calculation verification - reg

Dear Experts,
In display vendor evaluation & Standard analysis we get to know the quantity reliability, on time delivery criterias individual scores but can anyone plz guide the tcode to verify the score calculation for delivery and quality criterias. Ontime delivery and quantity reliabiltiy verification mc$6, mc$8 respective tcodes values not satisfactory to us for analysis.
(We have analyzed the Price criteria - "price level" factors by comparing info record/PO price history and effective price of vendors).
Simillarly plz guide how to confirm scores that are getting calculated is correct or not for
delivery criterias - quantity reliabililty, on time delivery.
Plz solve this issue.
full rewards assured.
Thanks & Regards,
Viju.

Hi,
I have logged similar request before and never got a satisfactory solution. My recommendation is to check the attached link, it details how the scores are calculated with reference to the config you have created. Just rolled out vendor evaluation in my organisation and this document was very useful.
[http://help.sap.com/saphelp_erp60_sp/helpdata/en/8d/b985b0414511d188fc0000e8322f96/frameset.htm]
Thanks.

Help with Auto calculations

I have an existing pdf that i am trying to edit and make it more functional...i.e. fillable info with auto calculations of cost based on a given number (times a specific cost)
Example on the form....
Car Registrations (per car) _____ X $25 _________
The first line above is # Cars Registered
The last line is Total Cost
The blank lines above i have added a text box to for auto calculations. I have formated these boxes as numbers (first line) and dollar value total (second line)
I've added another text box for the $25 and placed it overtop the worded one. I've locked this box and the total box. I've calculated the product of the total box by linking it to the first line and the $25 to give the total cost...
Problem is, it isnt working....the total box isn't seeing the $25 to give a proper calc. Whatever number i place in the first line, only zero shows in the total.
I'm obviously missing something....been at this for two days....frustrated. I have many more inputs like this on the form, and eventually want all the totals to provide sub totals and a grand total. I understand how this all works to a degree, doesnt seem that difficult, but i have to be missing something.
I even tried re-creating the document in word, input to adobe, make a new form, let the system recoginize areas as fillable, etc, etc, etc. When i get to the calculations portion, same result...there are not many tutorials out there on this...sadly
Woking on a MAC...
I have acrobat X Pro

gr8snkbite wrote:
I have an existing pdf that i am trying to edit and make it more functional...i.e. fillable info with auto calculations of cost based on a given number (times a specific cost)
Example on the form....
Car Registrations (per car) _____ X $25 _________
The first line above is # Cars Registered
The last line is Total Cost
The blank lines above i have added a text box to for auto calculations. I have formated these boxes as numbers (first line) and dollar value total (second line)
I've added another text box for the $25 and placed it overtop the worded one. I've locked this box and the total box. I've calculated the product of the total box by linking it to the first line and the $25 to give the total cost...
Problem is, it isnt working....the total box isn't seeing the $25 to give a proper calc. Whatever number i place in the first line, only zero shows in the total.
I'm obviously missing something....been at this for two days....frustrated. I have many more inputs like this on the form, and eventually want all the totals to provide sub totals and a grand total. I understand how this all works to a degree, doesnt seem that difficult, but i have to be missing something.
I even tried re-creating the document in word, input to adobe, make a new form, let the system recoginize areas as fillable, etc, etc, etc. When i get to the calculations portion, same result...there are not many tutorials out there on this...sadly
Woking on a MAC...
I have acrobat X Pro
I created your sample.
name the field after Number of cars, as car
The calulation field named total

Problem with the calculator and modifications needed

i have got a problem with the calculator on my iphone i.e i cannot find any DEL key or Backspace....the problem is when typing a long value if one number is entered wrong we should start again.
EXAMPLE...if i need to type 114678047 * 345612
if acidentally if i type 114678047 * 3455 ( then i should start over typing "C" key)
i should start over to type the whole data..if we have a delete key we can just correct it right away and continue.....rather than starting over
we can find this feature in all the other smart phones , i dont know why apple coudnt find that
even every scientific calculator have a DEL key...
Thanks
vickyk7

FEEDBACK
If you want to give Apple feed back then do it here http://www.apple.com/feedback/iphone.html

Error in communicating with Excel Calculation Services

When attempting to use Excel Web Access web part, I get "We're sorry. We ran into a problem completing your request. Please try that again in a few minutes."
Checked event log and found
There was an error in communicating with Excel Calculation Services
http://my server:32843/49082a5d56c141629497dd8b28375f47/ExcelService*.asmx exception: The remote server returned an error: (503) Server Unavailable.
[Session:
User: ].
I googled the error and, as suggested by various sources, rebooted the server. (Same issue occurs) I also tried disabling asp.net impersonation with no change. Ideas?

Hi ,
Reason for the error :
The Excel Services Application server computer is in a non-valid state and may need to be restarted.
Resolution : (Before taking the step toward to restart the server, try the below option)
Restart your excel service application app pool/ restart the excel service. (Reference :http://technet.microsoft.com/en-us/library/ee513104(v=office.14).aspx)
If you have more than one application server in the farm , then try start the excel serviceto a different server.
Regards,
Senthil

Preference calculation with batch management

Hi experts,
I am trying to find any documentation or manuals about how to set-up and use preference calculation in SAP-SD-FT or GTS based on batch management.
Does anyone of you know how to do it and use such kind of "standard"-SAP-solution or is customer-specific programming essential.
Any reply would be much appreciated.
Best regards,
Corinne

Hi Corinne,
Did you get anything for your requirement specific to Preference calculation with batch management. I am also looking for the same. let me know if you found something useful or if you created an enhancement to resolve this issue.
Regards,
Sumit

Best Solution for Creating an Onlne Purchase order form with multiple calculation fields

I am a bit confused. Our school has a Forms Central account which works great for our registration forms but I need to find a solution for creating an online purchase form with multiple calculation fields - I know that forms central does not support calculation fields (too bad) but I know that Acrobat Pro does... soooo...
Can you create the forms in Acrobat and then somehow integrate the advanced features into forms central? Do they talk to each other? Is this easy to do? .... I guess another way to putting it is can you create the forms in Acrobat including all of the advanced features for payment calculation and then host it online using Forms Central to manage and collect the data? (I guess that really is my question)
Thanks (how does this compare to a solution like Formstack?)

Hi, thanks.
The naming convention was the consistant up until a point when I read that you need a '.' syntax (?!) - does anyone know if this is true?
Attached is a version with Bernd Alheit's suggestion and with all the naming of the fields being consistant. It's still not working for me though after doing this and I'm stuck as to why, because I think it should work. I've also tried writing the calcualting line of code in the same manner that Bernd Alheit suggests before I came on here, and it wouldn't work then.
As with any coding, it must be something to which I have done, but I can't see it anywhere
Any ideas? Thanks for helping me
Cheers

URGENT Help With Scientific Calculator!

Hi everybody,
I designed a calculator, and I need help with the rest of the actions. I know I need to use the different Math methods, but I tried tried that and it didn't work. Also, it needs to work as an applet and application, and in the applet, the buttons don't appear in order, how can I fix that?
I will really appreciate your help with this program, I can't get it to work and I'm frustrated, I need to finish this for next Tuesday 16th. Please e-mail me at [email protected].
Below is the code for the calcualtor.
Thanks a lot!
-Maria
// calculator
import java.awt.*;
import java.awt.event.*;
import javax.swing.*;
import javax.swing.border.*;
public class calculator extends JApplet implements
ActionListener
private JButton one, two, three, four, five, six, seven,
eight, nine, zero, dec, eq, plus, minus, mult, div, clear,
mem, mrc, sin, cos, tan, asin, acos, atan, x2, sqrt, exp, pi, percent;
private JLabel output, blank;
private Container container;
private String operation;
private double number1, number2, result;
private boolean clear = false;
//GUI
public void init()
    container = getContentPane();
    //Title
    //super("Calculator");
    JPanel container = new JPanel();
    container.setLayout( new FlowLayout( FlowLayout.CENTER
    output = new JLabel("");
    output.setBorder(new MatteBorder(2,2,2,2,Color.gray));
    output.setPreferredSize(new Dimension(1,26));
    getContentPane().setBackground(Color.white);
    getContentPane().add( "North",output );
    getContentPane().add( "Center",container );
    //blank
    blank = new JLabel( "                    " );
    container.add( blank );
    //clear
    clear = new JButton( "CE" );
    clear.addActionListener(this);
    container.add( clear );
    //seven
    seven = new JButton( "7" );
    seven.addActionListener(this);
    container.add( seven );
    //eight
    eight = new JButton( "8" );
    eight.addActionListener(this);
    container.add( eight );
    //nine
    nine = new JButton( "9" );
    nine.addActionListener(this);
    container.add( nine );
    //div
    div = new JButton( "/" );
    div.addActionListener(this);
    container.add( div );
    //four
    four = new JButton( "4" );
    four.addActionListener(this);
    container.add( four );
    //five
    five = new JButton( "5" );
    five.addActionListener(this);
    container.add( five );
    //six
    six = new JButton( "6" );
    six.addActionListener(this);
    container.add( six );
    //mult
    mult = new JButton( "*" );
    mult.addActionListener(this);
    container.add( mult );
    //one
    one = new JButton( "1" );
    one.addActionListener(this);
    container.add( one );
    //two
    two = new JButton( "2" );
    two.addActionListener(this);
    container.add( two );
    //three
    three = new JButton( "3" );
    three.addActionListener(this);
    container.add( three );
    //minus
    minus = new JButton( "-" );
    minus.addActionListener(this);
    container.add( minus );
    //zero
    zero = new JButton( "0" );
    zero.addActionListener(this);
    container.add( zero );
    //dec
    dec = new JButton( "." );
    dec.addActionListener(this);
    container.add( dec );
    //plus
    plus = new JButton( "+" );
    plus.addActionListener(this);
    container.add( plus );
    //mem
    mem = new JButton( "MEM" );
    mem.addActionListener(this);
    container.add( mem );
    //mrc
    mrc = new JButton( "MRC" );
    mrc.addActionListener(this);
    container.add( mrc );
    //sin
    sin = new JButton( "SIN" );
    sin.addActionListener(this);
    container.add( sin );
    //cos
    cos = new JButton( "COS" );
    cos.addActionListener(this);
    container.add( cos );
    //tan
    tan = new JButton( "TAN" );
    tan.addActionListener(this);
    container.add( tan );
    //asin
    asin = new JButton( "ASIN" );
    asin.addActionListener(this);
    container.add( asin );
    //acos
    acos = new JButton( "ACOS" );
    cos.addActionListener(this);
    container.add( cos );
    //atan
    atan = new JButton( "ATAN" );
    atan.addActionListener(this);
    container.add( atan );
    //x2
    x2 = new JButton( "X2" );
    x2.addActionListener(this);
    container.add( x2 );
    //sqrt
    sqrt = new JButton( "SQRT" );
    sqrt.addActionListener(this);
    container.add( sqrt );
    //exp
    exp = new JButton( "EXP" );
    exp.addActionListener(this);
    container.add( exp );
    //pi
    pi = new JButton( "PI" );
    pi.addActionListener(this);
    container.add( pi );
    //percent
    percent = new JButton( "%" );
    percent.addActionListener(this);
    container.add( percent );
    //eq
    eq = new JButton( "=" );
    eq.addActionListener(this);
    container.add( eq );
    //Set size and visible
    setSize( 190, 285 );
    setVisible( true );
public static void main(String args[]){
    //execute applet as application
     //applet's window
     JFrame applicationWindow = new JFrame("calculator");
applicationWindow.setDefaultCloseOperation(JFrame.EXIT_ON_CLOSE);
     //applet instance
     calculator appletObject = new calculator();
     //init and start methods
     appletObject.init();
     appletObject.start();
} // end main
public void actionPerformed(ActionEvent ae)
    JButton but = ( JButton )ae.getSource();
    //dec action
    if( but.getText() == "." )
      //if dec is pressed, first check to make shure there
is not already a decimal
      String temp = output.getText();
      if( temp.indexOf( '.' ) == -1 )
        output.setText( output.getText() + but.getText() );
    //clear action
    else if( but.getText() == "CE" )
      output.setText( "" );
      operation = "";
      number1 = 0.0;
      number2 = 0.0;
    //plus action
    else if( but.getText() == "+" )
      operation = "+";
      number1 = Double.parseDouble( output.getText() );
      clear = true;
      //output.setText( "" );
    //minus action
    else if( but.getText() == "-" )
      operation = "-";
      number1 = Double.parseDouble( output.getText() );
      clear = true;
      //output.setText( "" );
    //mult action
    else if( but.getText() == "*" )
      operation = "*";
      number1 = Double.parseDouble( output.getText() );
      clear = true;
      //output.setText( "" );
    //div action
    else if( but.getText() == "/" )
      operation = "/";
      number1 = Double.parseDouble( output.getText() );
      clear = true;
      //output.setText( "" );
    //eq action
    else if( but.getText() == "=" )
      number2 = Double.parseDouble( output.getText() );
      if( operation == "+" )
        result = number1 + number2;
      else if( operation == "-" )
        result = number1 - number2;
      else if( operation == "*" )
        result = number1 * number2;
      else if( operation == "/" )
        result = number1 / number2;
      //output result
      output.setText( String.valueOf( result ) );
      clear = true;
      operation = "";
    //default action
    else
      if( clear == true )
        output.setText( "" );
        clear = false;
      output.setText( output.getText() + but.getText() );
}

Multiple post:
http://forum.java.sun.com/thread.jsp?forum=31&thread=474370&tstart=0&trange=30

How to calculate any two date with diffence calculation by using obiee11g?

Hi,
i have a requirement like,
location wise current month and previous month with movement calculation,can to tell me how to calculate any two date with diffence calculation
by using obiee11g
Note,
I tried to implemented ago function as well as dynamic two dates calculation using $2-$1 methods..but i am getting the o/p it's self i am getiing some null value also that' why it's not tallying with our actual report.
i tired to used ifnull(mesaurecolumn,0) also case condition on the mesaure colution still it's not tallying.
THanks and Rds,
Devarasu.R

Hi,
for Date Difference........
TimestampDiff(interval, timestamp1, timestamp2)
ex:TimestampDiff(SQL_TSI_DAY, cast('1-apr-2011' as date), current_date)
Where:
interval
The specified interval. Valid values are: SQL_TSI_SECOND, SQL_TSI_MINUTE, SQL_TSI_HOUR, SQL_TSI_DAY,
SQL_TSI_WEEK, SQL_TSI_MONTH, SQL_TSI_QUARTER, SQL_TSI_YEAR.
Cheers,
Aravind

How Achieve timedseries calculations with out using AGO And ToDate function

Hi,,
1)
How Achieve timedseries calculations with out using AGO And ToDate functionion
this question asking in interview ..is it possible..?
if yes please response as soon as possible..
2) i have 2 cloumns Product and value...
client requirement is they need ranks based on Value ..in dashboard .using dashboard prompt..edit box...if user enter any number (ex :5 ) report should show top 5 ranks if he enter 20 should be top 20 ranks..
how to achive this ?
thanks,
raj

Consider yor first question:
1. Yes, we can create timeseries measures without using AGO and TODATE
1. Create ALIAS of fact tabe in the physical layer
2. Join the Time id from the ALIAS fact table with the YAGO_MONTH_ID column from your time dimension table (For calculating Year Ago variants) similarly join with MAGO_MONTH_ID column for Month Ago measures.
3.Pull the ALIAS tables as an additional Logical table source in the Lgical layer
4.Keep the mapping of the columns from the ALIAS table as its is
5. For e.g If you pick Revenue from the Year Ago Alias table it will give you the "Prior Year Revenue"
See if this helps you

Calculating with attributes occurs problems in aggregation ...?

Hi Gurus, I have a question concerning the calculation with attributes:
I have created variables (as replacement path) based on a product attribute. The variables (with the attribute value) do work properly and I get the right numbers in the lowest hierarchy level.
Problem: within my hierarchy structure the query does not aggregate but reports errors ("X") in the upper hierarchy levels. How can I solve this problem?
Thank you for answering.
Greetings from T. Duong

Hi, I already have tried this but it didn't lead to the required result.
Still thank you for answering. I have seen in SAP Help that the options in extend properties might solve similar problems ... still mine cannot be solved by this. The problem is not the attribute value itself, as I found out.
I have another thread here, where I defined my problem that occurs due to a formula collision between a structure and a hierarchy.
Thank you.
Best regards
T. Duong

I'm having trouble with using Calculated-User Can Override, it will not honor my overide

I'm having trouble with using Calculated-User Can Override, it will not honor my overide. I'm using LiveCycle Designer ES v.8.2

Reset the device:
Press and hold the Sleep/Wake button and the Home button together for at least ten seconds, until the Apple logo appears.
If that doesn't help, tap Settings > General > Reset > Reset All Settings
No data is lost due to a reset.

Vendor Interest calculation with penalty calculation

Similar Messages

Maybe you are looking for