Item Interest Calculation with Two Rates

[Former Member]

Hi Readers,

My requirement is when we calculate interest for overdue items If the line items is < 30 Days Overdue the interest Rate would be 12% and

If the Line item is > 30 Days Overdue the interest Rate would be 18%.

I am not able to accomadate this in the standard configurations. I am doing Interest Run T.Code: FINT.

Can anyone give Suggestion to solve this issue. Also i would like to know whether it is possible or not?is there any work around?

Thanks in advance for your help.

Regards,

Aswin

[Former Member]

closed

[Former Member]

Dear Ashwin,

As of overdue days are concerned there is no standard functionality available whereas there is for amount.

Better solution is that you get an ABAPer create your own functional module. That will help you in better way.

[Former Member]

Dear Joshi,

Thanks for your reply. we are also planning to go for developement.

Thanks