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May 17, 2016 at 06:42 AM

Balance Interest on month end valu


Good day,

My client wants to calculate interest only on the balance at the end of the month.

I have set up the Balance interest calculation method for them, but they don't want the interest to be calculated on the movement balance during the month, only on the last balance as on month end/day of interest calculation.

Is it possible to set up this in SAP to ignore the daily balances and movements, and only take the balance at month end and use that for the interest calculation?

Thank you,