Cleared Items Interest Calculation??

[Former Member]

Hi,

Can somebody explain about "Cleared Items Interest Calculation"??

when we do this and the procedure to achieve this??

Thanks in advance,

Shashi Kanth

[Former Member · Accepted solution]

http://help.sap.com/printdocu/core/print46b/en/data/en/pdf/FIBP/FI-AR-AR-IN.pdf

This is a comprehensive document

[Former Member · Accepted solution]

Points assigned..

But i need detailed explanation.

thnking u

shashi

[Former Member]

thanks for all. its resolved.

[Former Member]

We receive few payments after due date and we process and clear those. If these cleared items need to be included in next interest calculation cycle, we configure interest calculation on cleared items.

[Former Member]

Hi Ashok, Thank U.

So here we have to calculate the amount paid by them after due date(cleared item)

and the next time we may calculate interest on the amount which is due(open Line item)

.Here the wording i have used is correct or ..???

let me know clearly on this.

Thank U.I got some clearance now.

I will Assign u maximum.

Thanks

shashi.

[Former Member]

Hi Shashi,

For example invoice due date is 15.08.2008. You have received the payment on 27.08.2008. During the month end process this cleared item is not included in the interest run. To get these 12 days interest we will configure Cleared Item Interest Calculation.

Regards,

Satish Muvva.

[Former Member]

Hi Sashi,

Please go through the following thread: you can find the detailed explanation on interest calcuation.

http://www.sapcustomization.com/document/interest_op.pdf

Regards,

Satish Muvva.

[Former Member]

Hi Sashi,

Please go through the following thread: you can find the detailed explanation on interest calcuation.

http://www.sapcustomization.com/document/interest_op.pdf

Regards,

Satish Muvva.

[Former Member]

I just need small explanation about it.

i knew configuration ..but in which situation cleared items interest calculation is used. and purpose ??

thnk u

shashi