automatic calculation of charging of interest on late payment onLO

[Former Member]

Hi.

my query is that user want that SAP calculate interest on late payment automatically for lease out.

is it possible in real estate?

[Former Member]

Hi,

As Franz said, there is no standard functionality in RE, but you could use the Adjustment program to achieve that result.

You can customize an index based rule with your interest rate and default that adjustment rule for the condition that needs to be accounted for interest.

The problem is that if you choose to follow this approach, you will have no intergration with FI-AP and the adjustment program will not check which contracts are overdue and which not.

KR,

Severina Kolleva

[Former Member]

Hi,

You can use tcode FINT to calculate and post interest for delayed payments.

Srini

[franz_posch]

Hi,

there is no functionality directly in RE module because it is thought of that the functionality in module FI (Accounts Receivable - Periodic Processing - Interest Calculation) is used therefore.

Regards, Franz