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Former Member

Fixed Deposit Register through SAP

Hi Gurus,

User presently maintaining Fixed Deposit Register now manually.Now they want it through SAP.It mainly dealing with bank.

User does interest calculation manually,which we have to do in SAP.How i can do it.They deduct TDS from interest amount.How i can show it in SAP.

Kindly advise.

Regards,

Samar

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7 Answers

  • Best Answer
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    Former Member
    Sep 04, 2008 at 07:04 AM

    Hi

    If you use Funds Management then it is possible. Alternatively create each FD as a customer in FI and you can use the interest calculation feature for AR to calculate interest on Bank FDs.

    Regards

    Sanil Bhandari

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    Former Member
    Sep 04, 2008 at 05:09 AM

    Hi,

    Pl advise.

    Regards,

    Samar

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    Former Member
    Sep 04, 2008 at 05:19 AM

    Hi samar,

    May be this is relates to Funds management module.But in FI it is coming under special gl transaction .

    i will update some more information asap

    Regards

    Surya

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    Former Member
    Sep 04, 2008 at 11:11 AM

    Hi gurus,

    Thanks for the reply.

    I have customer code for each bank.Then I have made special GL indicator by creating Fixed Deposit a/c(spl GL) and Sundry Debtors-Fixed deposit a/c.

    Pl advise me whether the path for calculating Interest is:

    Financial Account>Bank Accounting>Account Balance Int calculation.

    • Define interest indicator

    *Specify General terms

    etc.

    Pl also advise me ,how i can link all said accounts with interst indicator.

    Regards,

    Samar

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    Former Member
    Sep 04, 2008 at 11:22 AM

    HI,

    Pl advise.

    Regards,

    Samar

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    Former Member
    Sep 04, 2008 at 03:10 PM

    HI GURUS,

    PL ADVISE.

    REGARDS,

    SAMAR

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    Former Member
    Sep 10, 2008 at 02:37 PM

    This question is not answered

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