How To Suspend Interest for period of time - SAP ERP6 EHP6

[laurie_mcginley]

We are looking at a situation where we would like to suspend interest for a window of time, then, once that period is over, turn interest calculation back on such that it does not go back and calculate for the period it was shut off.

We use RFINITAR for our interest program.

ERP 6 EHP6 SOP14

Any advice?

Thank-you

Laurie McGinley

[laurie_mcginley]

Thanks Tammy,

We played with the Percentage rate set to 0% in our sandbox, didn't seem to work, something about setting it to 0 seemed to just default to no interest, so that next run testing back to normal ops, the interest back posted.

I haven't looked into the Dunning yet. Will see what that might do.

Still searching for a solution 🙂

Laurie 😉

[TammyPowlas]

Hi Laurie - I assume you are using FI-CA?

If so take a look at this config - "Define Percentage Rates for Reference Interest Rates" and set the percentage you are using to zero. I have a second idea but for some reason the site won't let me type past the image I am posting.

[TammyPowlas]

2nd idea

In configuration, search for

Maintain Amount Limits for Debit/Credit Interest

There you can try to set a super high limit so interest won't be calculated

Please *note* I personally haven't tested these two items. We have looked at what you are asking.

Finally, 3rd idea - suspend Dunning jobs, and no interest will be calculated at all. Good luck