VENDOR LINE ITEM INTEREST CALCULATION

[Former Member]

Hi Friends.

I configured all the settings relating to the line item interest calculation on vendor line items with interest calculation frequency as 1 month.

When I run the program for the first month by using T.code F.47 by specifying the from date and to date, the system is calculating interest amount correctly but when I run the same program for the second month by specifying the from date and to date, the system is calculating interest for the current month as well as the previous month.

Please respond.

Regards.

Srini

[Former Member · Accepted solution]

This message was moderated.

[Former Member]

Hi

We can see the interest on arrears for vendor open items thru F.4B

Assign points if useful

[Former Member]

Hi Venkat,

The system takes the open items into consideration when calculating the interest. May be the open items that were there in the first month still continue to be existing during the current month also. Try clearing some of the previous month's open item and run the program. You should see some difference in the interest calculation.

Thanks,

P.k

[Former Member]

Thanks Mr. PK.

Is there any program or T.Code that will calculate and show interest amount for each line item of vendor a/c just like FINT in the case of customers?

Regards.

Srini

[Former Member]

Hi Venkat,

I am not sure.