Monthly EMI scheme for security deposit installments

[former_member239635]

Dear Experts,

We have a requirement from client where, client would like to create monthly installment plans for 12 months for security deposit amount. Now, we are suppose to calculate interest on this installment plans on reducing balance basis and post. ( Same as like a EMI in case of Loan ). How can this be achieved in SAP FICA ?

Please note that I explored option Interest on Installment plans but this option is valid for interest on overdue installments. So, in my case I cannot use this.

Regards,

SAP FI.

[former_member199650]

Hi,

Did you achieve your requirement?

Please explain the methodology if you have implemented the required solution.

Best Regards,

Mahavir Vashishth