cancel
Showing results for 
Search instead for 
Did you mean: 

Item interest calculation

Former Member
0 Kudos

can anybody give Item interest calculation procedure and document if possible

Regards,

NIkhil

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

1.You have to create Interest Calculation Type (R1)

2.Go to OBAA and maintain R1 there.

3.In OBAC Maintain R1and select from date

4. Define Time dependant interest terms

5.In OB83 define the rate of interest

6.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)

7. Maintain R1 in the GL master to whom Interest will be payable.

Regards,

Alok

Answers (1)

Answers (1)

Former Member
0 Kudos

thanx