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Does SAP B1 Post interest on Customer Receivable Auto

AS you there is option of Interest percentage and interest account of business partner master date, i am unable to find any option in dunning wizard to post interest automatically. Can anyone have idea Does SAP B1 post interest auto?

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2 Answers

  • Jul 26, 2017 at 02:52 PM

    Hi,

    If you setup dunning level and terms under Setup-->Business partner, then system will calculate interest during dunning wizard.

    For additional information, you can search how to guide for Dunning wizard.

    Regards,

    Nagarajan

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    Former Member
    Jul 28, 2017 at 05:34 AM

    If you have set-up duning terms to charge interest on late payment/overdue customer invoices the system will calculate the interest charge based on the interest rates define in your duning terms. There is no automatic posting of this interest. You need to pass a journal entry if interest are paid by customer.

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