Late Payment Charges

[Former Member]

Hi FICA Gurus,

We have following requirement and I am bit confused how to proceed.

The requirement is, I need to post a Late Payment charges (A seperate document) to Contract Account when item reach certain collection startegy level.

Can you plz guide me on this??

Kind Regards,

Pradeep

[Former Member]

Hi Pradeep

Have a look in the IMG (transaction SPRO) under

 - Financial Accounting (new)
   - Contract Accounts Receivable and Payable
     - Business Transactions
       - Dunning
         - Define Charge Categories for Dunning
         - Define Document Types for Dunning Charge Categories
         - Configure Charge Schedules for Dunning Procedure

Yep

Jürgen

Edited by: sattlerj on Apr 16, 2010 4:25 PM

[Former Member]

Hi Jürgen,

We are using Dunning by Collection strategy..will this config be useful for dunning by collection strategy? By this config, is it possible to post a seperate document at contract account??

Kind Regards,

Pradeep

[william_eastman]

Praeva:

This question speaks to basic dunning principles - the dunning level (by dunning procedure) or collection step (by collection strategy) have settings for indicating fees and charges. Please look at these basic principles.

regards,

bill.

[Former Member]

Beside the dunning run you can determine Late payment charges in event 0104.

Best regards.