Interest Calculation On Customer Arrears

2016 sapficoconsultant.com. All rights reserved.
No part of this material should

be reproduced or transmitted in any form, or by any means, electronic or
mechanical including photocopying, recording or by any information storage
retrieval system without permission in writing from www.sapficoconsultant.com
SAP is a trademark of SAP AG, Neurottstrasse 16, 69190 Walldorf, Germany.
SAP AG is not the publisher of this material and is not responsible for it under
any aspect.
Warning and Disclaimer
While every precaution has been taken in the preparation of this material,
www.sapficoconsultant.com assumes no responsibility for errors or omissions. Neither is any
liability assumed for damages resulting from the use of the information or instructions contained
herein. It is further stated that the publisher is not responsible for any damage or loss to your data
or your equipment that results directly or indirectly from your use of this product.
www.sapficoconsultant.com
Page 2
Interest calculation on customer arrears
Contents
Introduction .................................................................................................................................................. 4
1. Master Data.............................................................................................................................................. 5
1.1 Interest rates ....................................................................................................................................... 5
1.2 Interest indicator in customer master ................................................................................................ 9
2. Item Interest Calculation (FINT) .............................................................................................................. 11
3. Displaying or Reversing the Interest Run (FINTSHOW)........................................................................... 25
Page 3
Introduction
Business requires interest to be calculated on customers who do not pay on time. In this document we
explain the new transaction codes available to calculate Interest on Customers and print Debit notes.
Transaction code available for displaying interest runs, reprinting a debit note or reversing the interest
run.
Page 4
1. Master Data
1.1 Interest rates
SAP menu Accounting Financial AccountingAccounts Receivable Environment Current

Settings S_ALR_87002510 - Enter Time Interest Terms
Click on
Page 5
Update the following:-
Click
Page 6
Page 7
Double click on
The interest rate is updated in the field premium.
Page 8
After changing the interest rate, click on save button.
1.2 Interest indicator in customer master
SAP menu Accounting Financial AccountingAccounts Receivable Master Records FD02 Change
Interest indicator Z1 to be updated in customer master as shown below:-
Page 9
Page 10
2. Item Interest Calculation (FINT)

SAP menu Accounting Accounts Receivable Periodic Processing Interest Calculation Item
Interest Calculation FINT - Item Interest Calculation
Or
Transaction code: FINT
Page 11
Scroll down and update the following:-
Page 12
Click
Page 13
Various icons are shown below:-
- Process form for selected Interest item

- Process form all Interest items
- Form Preview
- Form Overview
- Error log
- Details for all items
Click
to process interest for all items
Page 14
Page 15
Page 16
The debit note will be generated as a spool.
Go to transaction code SP02
Click on
Page 17
Page 18
Page 19
The accounting document is generated online.
To check the accounting document proceed as follows:-
Interest Calculation FINTSHOW - Interest Run Display
Page 20
Page 21
Click
Page 22
Page 23
Page 24
3. Displaying or Reversing the Interest Run (FINTSHOW)

Interest Calculation FINTSHOW - Interest Run Display
Transaction code: FINTSHOW
This report can be used to display interest runs that have been performed.
Further you can also use this report to:1) Reprint letters for individual interest runs
2) Reverse interest runs
Page 25
Scroll down
Page 26
Select
Click
Page 27
In case you want to reprint the debit note.
Select
Page 28
Then click on Reprinting icon
Page 29
Select
Click
Page 30
Page 31
Click
to continue
Page 32
Check in Spool
Page 33
Page 34
Scroll down
Click on the Print icon

Click back
In case you want to reverse the posting select the document
Page 35
Click
Page 36
Page 37
Click
Page 38
Click Reverse as shown below:-
Page 39
Reversal of interest document is posted.
Page 40
Note: We need to reverse the run data although we have reversed the interest accounting document.
Hence to delete the interest data completely we need to go back to main screen and again run
reversal
Click
Page 41
Notice that the interest amount is 0 USD now.

Select the document
Click on
Page 42
Click
Page 43
The interest run data is deleted now
Page 44

Interest Calculation On Customer Arrears - SF

Caricato da

Informazioni sul documento

Titolo originale

Copyright

Formati disponibili

Condividi questo documento

Condividi o incorpora il documento

Opzioni di condivisione

Hai trovato utile questo documento?

Questo contenuto è inappropriato?

Copyright:

Formati disponibili

Interest Calculation On Customer Arrears - SF

Caricato da

Copyright:

Formati disponibili

2016 sapficoconsultant.com. All rights reserved.

No part of this material should

Interest calculation on customer arrears

Interest calculation on customer arrears

1.1 Interest rates

SAP menu Accounting Financial AccountingAccounts Receivable Environment Current

Interest calculation on customer arrears

Update the following:-

Interest calculation on customer arrears

Interest calculation on customer arrears

The interest rate is updated in the field premium.

Interest calculation on customer arrears

After changing the interest rate, click on save button.

1.2 Interest indicator in customer master

Interest calculation on customer arrears

Interest calculation on customer arrears

2. Item Interest Calculation (FINT)

Interest calculation on customer arrears

Scroll down and update the following:-

Interest calculation on customer arrears

Interest calculation on customer arrears

Various icons are shown below:-

- Process form for selected Interest item

- Details for all items

to process interest for all items

Interest calculation on customer arrears

Interest calculation on customer arrears

Interest calculation on customer arrears

The debit note will be generated as a spool.

Go to transaction code SP02

Interest calculation on customer arrears

Interest calculation on customer arrears

Interest calculation on customer arrears

The accounting document is generated online.

To check the accounting document proceed as follows:-

Interest calculation on customer arrears

Interest calculation on customer arrears

Interest calculation on customer arrears

Interest calculation on customer arrears

Interest calculation on customer arrears

3. Displaying or Reversing the Interest Run (FINTSHOW)

Interest calculation on customer arrears

Update the following:-

Interest calculation on customer arrears

Interest calculation on customer arrears

In case you want to reprint the debit note.

Interest calculation on customer arrears

Then click on Reprinting icon

Interest calculation on customer arrears

Interest calculation on customer arrears

Interest calculation on customer arrears

Interest calculation on customer arrears

Interest calculation on customer arrears

Interest calculation on customer arrears

Click on the Print icon

In case you want to reverse the posting select the document

Interest calculation on customer arrears

Interest calculation on customer arrears

Interest calculation on customer arrears

Update the following:-

Interest calculation on customer arrears

Click Reverse as shown below:-