Interest

Hi

DEFINE TIME DEPENDENT TERMS ( OB81 )

SPRO Financial Accounting  General Ledger accounting  Business transactions  Bank Account Interest calculation  Interest calculation  Define time dependent terms  Select Int type and enter currency = INR and Effective from = 01.04.2007 and Seq No = 1 (for Cr Items and 2 for Dr items) and Term = Credit Interest Balance Interest Calculation and Reference Interest rate = A1 and Premium = 0 and Amount from = 0

PREPATE GL ACCOUNT BALANCE INTEREST CALCULATION ( OBV2 )

SPRO Financial Accounting  General Ledger accounting  Business transactions  Bank Account Interest calculation  Prepare GL Account Balance Interest Calculation  Select Symbols  Check symbols 0001 (Interest received), 0002 (Interest Paid), 1000 (GL Account earned), 2000 (GL Account Paid). Select Accounts button  Enter Chart of Accounts  Enter currency and GL Account for 0001,0002,1000,2000

Cheers

Srinivas