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bank cc limit

how to configure bank interest calculation for cc limitd

thanks in advance

Thanks

Praveen

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    author's profile photo Former Member
    Former Member
    Posted on Jun 14, 2008 at 07:37 PM

    Hi,

    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 run the interest calculation f.52

    Thanks

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