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Fixed Deposit Register through SAP

Former Member
0 Kudos

Hi Gurus,

User presently maintaining Fixed Deposit Register now manually.Now they want it through SAP.It mainly dealing with bank.

User does interest calculation manually,which we have to do in SAP.How i can do it.They deduct TDS from interest amount.How i can show it in SAP.

Kindly advise.

Regards,

Samar

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi

If you use Funds Management then it is possible. Alternatively create each FD as a customer in FI and you can use the interest calculation feature for AR to calculate interest on Bank FDs.

Regards

Sanil Bhandari

Answers (6)

Answers (6)

Former Member
0 Kudos

This question is not answered

Former Member
0 Kudos

HI GURUS,

PL ADVISE.

REGARDS,

SAMAR

Former Member
0 Kudos

HI,

Pl advise.

Regards,

Samar

Former Member
0 Kudos

Hi gurus,

Thanks for the reply.

I have customer code for each bank.Then I have made special GL indicator by creating Fixed Deposit a/c(spl GL) and Sundry Debtors-Fixed deposit a/c.

Pl advise me whether the path for calculating Interest is:

Financial Account>Bank Accounting>Account Balance Int calculation.

  • Define interest indicator

*Specify General terms

etc.

Pl also advise me ,how i can link all said accounts with interst indicator.

Regards,

Samar

Former Member
0 Kudos

Hi samar,

May be this is relates to Funds management module.But in FI it is coming under special gl transaction .

i will update some more information asap

Regards

Surya

Former Member
0 Kudos

Hi,

Pl advise.

Regards,

Samar