vendor with interest

[Former Member]

Late payment to vendor with interest of 5%.Vendor returns the interest amount.

assign points.

[Former Member]

hi

interest calculation in fi two types 1 item interest calculation . 2 balance interest calculation.balance interest calculation type is used for gl a/cs . item interest calculation type is uesd for vendars and customers . item interest calculation is caluculating in dunning.

steps:

1 define interest calculation types(TC:OB46)

2 prepare account balance interest calculation (TC:OBAA)

3 define refference interest rates (TC:OBAC)

4 define time depedendant terms (TC:OB81)

5 enter interest values (TC:OB83)

6 (TC:XK02) assign item interest indicator in accounting information.

7 (TC:F-43) ppurchase invoice

8 dunning procedure (TC:FBMP)

9 cal dunning (TC:F150).

i think it is helpful for u

regards

sivareddy

[Former Member]

Hi,

vendor interest is item based interest. Interest is p type. Use the t.code f.2a or f.2b

If helpful assign points,

Rams

[Former Member]

Hi

When you run the interest it will chech terms of payment as per that it will calculate interest for vendors.

check whether you have interest indicator with 5 % if not create interest indicator with 5 %.

please let me know if you need any further information.

Regards

Prasad

Accenture