Tag Archives: Interest Calculation

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.