Recurring entries of Interest payable

[Former Member]

Dear Expert,

I am new to SAP (FICO) and currently practicing  configuration in the system. I am working on dummy project where i  have to make one configuration of Interest Charges. In this regard I expect the help for you. My requirements are as follows.

1) I want to make Interest payable configuration

2) There is one Term Loan GL Account and one Interest Payable GL Account.

3) Configuration required - Interest payable entry in SAP on 1st of every month based on  closing balance of Term loan account

4) such entry should automatically get triggered on 1st of every month.

Please suggest the configuration process.

Regards

Tushar Awasare

Pune

[kamalkumar_biswas2]

Hi Tushar

See the link:

Recurring entry postings every month | SCN

Kamal