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Former Member

what is debit and credit, open item interest calculation??

Dear Members,

What is

1. Debit Interest Calculation?

2. Credit Interest Calculation?

3. Open and Cleard Item Interest Calculation?

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3 Answers

  • Best Answer
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    Former Member
    Sep 04, 2008 at 12:53 PM

    Hi...

    Interest can be calculated on debit balance or credit balance based on AR or AP..

    There are two defined interest calculation types in the SAP

    system.

    1. Balance interest calculation.

    2. Item interest calculation.

    System defined variant for balance interest calculation type

    is u2018Su2019 and item interest calculation type is u2018Pu2019. Balance

    interest type calculation is used for G L Accounts. Item

    interest type calculation is used for vendors and customers.

    Hope you are clear...

    Good Luck!!!

    Lucid-Mind...

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  • Sep 04, 2008 at 12:58 PM

    Hi

    Interest on debit side amount of a GL Accounts is called Dr interest and

    Interest in credit side amount of a GL Account is called Cr interest and

    Open and Cleared Item interest is interest on Open items and cleared items of a GL Account

    Srinivas

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    • Former Member Former Member

      Hi Shashi..

      In Item interest calculation cleared items are considered in the interest run. All those items which are cleared are not considered as wanted.

      Hope you are clear..

      Good Luck!!!

      Lucid-Mind.......

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    Former Member
    Dec 17, 2008 at 07:49 AM

    Thanku all

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