Automatic control in SAP billing.

[Former Member]

While audit for Credit Billing process is undergoing & while going through the process, we noticed one area of control improvement (apart from the point of beyond 30 days billing) whereby the SAP system should itself compute the interest (15% or 18%) on outstanding amount. Currently, the activity is performed manually by downloading the dump from SAP on monthly basis & thereafter, performs the interest calculation.

Is there any SAP based control/feature which itself calculates the interest.?

[Former Member]

<Text removed by Moderator. Reason: Content copied & pasted from SAP Help - http://help.sap.com/saphelp_dimp50/helpdata/En/01/a9c645455711d182b40000e829fbfe/content.htm>

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

http://help.sap.com/saphelp_470/helpdata/en/4c/2273c846e611d189470000e829fbbd/content.htm

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As per SCN rule of engagement, plagiarism is strictly prohibited & even asking/begging for points. Please avoid this gesture in future post. And review following link on SCN Rule of Engagement

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[Former Member]

Yes, see this link for starters:

http://help.sap.com/saphelp_erp60_sp/helpdata/en/41/37b8e7455b11d182b40000e829fbfe/frameset.htm

[Former Member]

Hi,

Can u tell me the exact solution what to do? where can I control this function?