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Late Payment Charges

rajesh_vasudeb
Participant

‎11-15-2008 7:37 AM

0 Kudos

Dear friends,

In our project, the Utility Company has 2 divisions. LPC is charged only on one division , that too on a Percentage basis. 1.25 % is charged on the invoice amount next day after due date.

When i configured it, it is doing that on a daily basis where as the requirement is on a montly basis irrespective of no: of days due.

Please suggest as to how to Charge LPC on monthly basis as Percentage ?

Can anybody guide me on this?

A ggod suggestion in thsi regard will be highly appreicated.

Thanks and Regards,

Rajesh

1 REPLY 1

former_member232905
Explorer

‎11-19-2008 8:22 AM

0 Kudos

Hi,

Yes you are right, the basis for the LPC calculation is a yearly percentage. Nevertheless, in order to define your own amount you can use FI-CA event R979. This event allows you the definition of a own logic for the amount determination. The posting of the LPC amount is afterwards based on the standard rules defined in the LPC customizing for IS-U invoicing (SAP Utilities --> Invoicing --> Invoice Processing --> Charges in Invoicing).

Best regards,

Jens