Accounts Receivable and Accounts Payable

In this configuration activity we are able to define time-based terms for interest calculations. Transaction: OB81 IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Business Transactions -> Interest Calculation -> Define Time-Based Terms Table: T056A, T056R     In the first screen you will get a list of all time-dependent interest terms defined in the client.   Detailed view of time-dependent interest terms.

In this configuration activity you are able to define reference interest rates. Transaction: OBAC IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Business Transactions -> Interest Calculation -> Define Reference Interest Rates Table: T056R   When you enter into the transaction you will see a list of predefined reference interest rates.   In detailed view you will see following layout.

In this configuration activity you are preparing item interest calculations. In this step you can make additional settings to the one made in arrears calculation. Transaction: S_P6B_12000174 IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Business Transactions -> Interest Calculation Global Settings -> Prepare Item Interest Calculation Table: T056U   When you open the transaction you will get a list of item interest calculations.  

In this configuration activity you are able to prepare interest on arrears calculation. Transaction: OB82 IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Business Transactions -> Interest Calculation Global Settings -> Prepare Interest on Arrears Calculation Table: T056U     When you enter into the transaction you will get a list of already defined interest calculation on arrears.   On following screen you will see the screen for detailed view. Maintain the settings according to your requirements.

In this configuration activity we are defining interest calculation type. It could be either Item, Balance or Penalty type of interest calculation. Transaction: OB46 IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Business Transactions -> Interest Calculation Global Settings -> Define Interest Calculation Types Tables: T056, T056X     In the initial screen you will see all interest calculation types already defined in the client. From here you are able to create new entry or edit an existing one.