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...
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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