How do we get the security deposit interest accrued?

[Former Member]

Hello All,

We have a requirement with respect to security deposit interest.

We run the FPINTM2 transaction every month which calculates the interest.

We need to get this interest accrued and not return till the point the security deposit is not released.

Right now,

the security deposit interest is included in the account maintenance in the invoicing run.

Can this be acheived through config ?

Regards,

Rahul

[AmlanBanerjee]

Hi Rahul,

It can be done through config.

Check the posting area 1081.If you give the restriction as 2 and interest document type, then every time the interest is calculated via FPINTM2, it will be posted against the account under the down payments section of the acount balance screen with clearing restriction 2.

Once the SD is released, the SD amount along with the interest amounts will come into the receivables section and the clearing restriction 2 automatically gets removed.

Hope it helps

Thanks,

Amlan

[Former Member]

Hi Amlan,

Thanks for that.

I checked that and the settings are maintained as you have specified. Still the interest document is getting cleared at the time of invoicing.

[william_eastman]

Rahul:

Check event R401 - and also check your settings for clearing control and invoicing so that these items would be excluded.

regards,

bill.