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author's profile photo Former Member
Former Member

Calculation of Arrears Interest

Hi,

The docu. is Rs.10000 posted on 01.01.2007

but while calculating the interest, it need to calculate interest like this

1. for the first 3000 no interest

2. from 3001 to 6000 calculate interest at 5%

3. from 6001 to 8000 calculate interest at 6%

4. for remaining amount it calculate at 7% defined in Interest rates.

How can we do this

URGENT Pls

Rgds

sunfico

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  • author's profile photo Former Member
    Former Member
    Posted on Feb 28, 2007 at 09:28 AM

    hi,

    Go to t/code:F985.

    Click the condition tab on the top of the screen.Give your conditions.

    Then go to "Item" tab;assign the parameters.

    This will execute your conditions.

    Hope this helps.

    Regards,

    Ramesh.

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