arrears interest vs item interest
what is difference arrears interest calculation and item interest calculation
janaki ram replied
Define Interest Calculation Types
In this step, you create your interest indicators and determine whether they are to be used for the item interest calculation or account balance interest calculation
Prepare Item Interest Calculation
In this activity you make the general settings for the individual interest indicators for the item interest calculation (report RFINTITAR). These include settings for selecting the items and for calculating the interest. You can also enter specifications for interest postprocessing, output control, and for posting.
Edited by: janaki ram on Oct 6, 2008 11:32 AM