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Former Member

Reg. Balance Interest Calc

Hi

I have run the Balance interest Calc T.Code F.52. It has caliculated interest. At the end It has given

following Msg.

No time-sens. int.terms are maintained for the following currencies and "Dates fr You have to maintain these (transaction OB81)

Int.ind. Trans.Type Curre Eff. from

RB Debit interest: balance interest calc. INR 30.04.2008.

Because of this Msg. Batch Input is not creating and entry is not posting. Pl guide me accordingly.

Thanks & Regards

Narayana

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3 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Jun 06, 2008 at 03:32 PM

    Hi Narayana,

    Go to transaction code OB81 (SPRO - Financial Accounting - Accounts Receivable and Payable - Business Transactions - Interest Calculation - Interest Calculation - Define Time Based Terms) and create a new entry with the following values:

    Interest Indicator - Assign the interest indicator you are using

    Currency - INR

    Valid from - 30 April 2008 (you can also specify the start of the year)

    Seq. No. 1

    Term - Debit Interest: Balance Interest Calc.

    Reference Interest - If you are not using the reference interest, leave it as blank, otherwise enter the reference interest term.

    Premium - Enter the interest rate here.. this is per annum rate.

    Amount From - 0.00

    Save the settings and re-run the interest calculation.

    Assign Points accordingly.

    Thanks,

    Madhav Nanduri

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 06, 2008 at 07:14 PM

    Hi,

    In OB81 give the date of the last year end date

    31-03-2007 and

    01-04-2008 both then u can avoid the error.

    now u can create the batch input session.

    Regards,

    Padma

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 07, 2008 at 06:04 AM

    Hi

    While running T.C F.52 for Balance Interest Method for Bank OD Interest I am getting following Error

    "Error when determining accounts to be posted to (posting interface)

    Appl Business t CoCo Int.ind. Bus. Curre Chrt Replace

    Status

    0004 1000 1000 V1 INR 1000 150210

    Replacement of account symbol not possible "

    I tried with masking of the GL 150210 Like 150+++. still I am getting same error.

    Kindly help me in this regard

    Narayana

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    • Former Member

      Hi Narayana,

      Looks like you have not configured the Interest Calculation totally. The menu path is SPRO - Financial Accounting - Accounts Receivable and Payable - Business Transactions - Interest Calculation. From here if you go to Interest Posting and A/R Balance Interest Calculation or A/P Balance Interest Calculation. Maintain the GL Accounts in this setting.

      The A/R or the A/P account will be ++++++++++ and then Debit Interest, specify the account number to which the entry needs to be posted and Credit Interest will also be the same account, but if you need you can assign a different account.

      In this step, you can also define a seperate Document Type if required.

      If you are configuring balance interest calculation for GL Accounts, then the settings need to be maintained at SPRO - Financial Accounting - General Ledger Accounting - Business Transactions - Bank Interest Calculation - Interest Posting - Prepare GL Account Balance Interest Calculation.

      Assign Points accordingly.

      Thanks,

      Madhav Nanduri

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