Practical issue in SAP FICA Interest Calculations

[Former Member]

I have the following practical issue in FICA Interest Calculations:

We are applying the interest key (through inbound interface) on line-Item level due to transaction specific legal requirements…. 

For example:

Let say Contract Account: 10001 is having following two receivables transactions

1.)   Doc.Type:B3, Due amount: $10,000.00, Due date: Sept 30^th 2012, Interest Key: C1 (6%)

2.)   Doc.Type:K9, Due amount: $5,000.00, Due date: Oct 15^th 2012, Interest Key: C2 (1 %)

When we execute interest at the month end on Oct 31^st 2012:

3.)   Doc.Type: IN, Interest amount: $53.13, Due date: Oct 31^st 2012, Interest Key: ??

My issues in above interest document are as follows:

1.)   Interest Key is not carry forwarding to interest document which was created after interest run.

2.)   Interest amount $53.13 is belongs to Doc.type B3: $50.94 and Doc.Type K9: $2.19

Issue 2, I may solve by executing separate batch process for each doc.type in order to post respective interest document, but how do I get the interest key on Interest document? Is there any standard functionality or do I need to go for event enhancement?

Thanks in advance guys…

Chinna
Katireddy@gmail.com

[AmlanBanerjee · Accepted solution]

Hi Chinna,

I dont think there is any standard functionality to cater your requirement.

I would suggest you to enhance event 2045 which is called automatically during the posting of an interest document online (transaction FPI1) or during the interest run (FPINTM1). The module calls up one or more additional function modules before function modules for posting (FKK_CREATE_DOC or FKK_CREATE_DOC_AND_CLEAR) are called.

In this event you can update further data for the document, like the interest key.

Hope it helps..

Thanks,

Amlan

[Former Member · Accepted solution]

Thanks a lot Amlan. I will look into event 2045for adding interest key. And also I found some notes: 1458016 and 1727121 which will help for my second issue.

Thank you once again man...

Chinna

[former_member191210 · Accepted solution]

Hi Amlan,

My doubt in above issue is that.Is it possible that contract account 10001 can have two intrest keys at a time.If I see the above issue, two document posted on contrcat account 10001 (B3 and K9) with

intrest key C1 & C2,but we can assign only one intrest key at a time in contract account.

Could you please solve my doubt ?

Thanks & Regards

Amit

[william_eastman · Accepted solution]

interest key can be assigned to document items as well. It can also come from the dunning procedure for specific items. 

[former_member191210 · Accepted solution]

Hi William,

Thanks for your reply,So I can understand from your reply that we can assign intrest key at the time of documnet posting.

It would overlap the key assign at contract.

Regards

Amit