cancel
Showing results for 
Search instead for 
Did you mean: 

Interest calculation on security deposit H

Former Member
0 Kudos
385

Hi,

I have configured the special GL Indicator H and i received the amount against the Indicator H against the Customer. Now i want to calculate the Interest on Security deposit.

1. it possible to calculate the interest on SD?

2. Same customer is applicable for open item interest.

If i am getting any answer it would be greatful for me.

Please i am waiting for your reply Eagerly.

Thanks

Sriram.

Accepted Solutions (0)

Answers (2)

Answers (2)

Former Member
0 Kudos

Dear Sriram,

It is possible:-

1.You have to create Interest Calculation Type for Customer SD Int Calculation say (R1)

2.Go to OBAA and maintain R1 there.

3.Go to Prepare Sp GL Transaction Interest Calculation (Maintain R1 - D - H - R1

4.In OBAC Maintain R1and select from date

5. Define Time dependant interest terms

6.In OB83 define the rate of interest

7.Go to OBV3 and maintain Account Determination for Int Posting (Select Account Symbol for Posting Key and again Assign GL code to same Account Symbol)

8. Maintain R1 in the Customer master to whom Interest will be payable.

Then Run Interest calculation posting T Code:-f.52

Regards,

Alok

Former Member
0 Kudos

Dear Alok,

Thanks for your input on this question.

We are using two Int. Indicator one is for Open Item Interest which Is Interest Received

and One more is for Security Deposit which Is Interest Paid.

I have created two intdicator that is Z1- Open Item and Z2-Security Deposit.

But we can't assign both Indicator in same One Master Data.

If this is the case is it possible to calculate the Interest Run through F.26.

Thanks

Sriram.

Former Member
0 Kudos

Dear Sriram,

It is possible:-

1.You have to create Interest Calculation Type for Customer SD Int Calculation say (R1)

2.Go to OBAA and maintain R1 there.

3.Go to Prepare Sp GL Transaction Interest Calculation (Maintain R1 - D - H - R1

4.In OBAC Maintain R1and select from date

5. Define Time dependant interest terms

6.In OB83 define the rate of interest

7.Go to OBV3 and maintain Account Determination for Int Posting (Select Account Symbol for Posting Key and again Assign GL code to same Account Symbol)

8. Maintain R1 in the Customer master to whom Interest will be payable.

Then Run Interest calculation posting T Code:-f.52

Regards,

Alok