Difference between FINT and F.24 for interest calculation

[Former Member]

Hi all!

I am currently configuring the calculation of interest on arrears. To be more specific - an interest has to be calculated only on overdue items cleared with a payment. SAP advises to use F.24 transaction in this case. The problem is that F.24 doesn't produce a normal report where the clerks could see the invoices in a list (before actually posting the interest) - it produces the 'mail format' pages.

I wonder what FINT transaction is for? Can I use it for calculating the interest on arrears? In SAP I didn't find any good documentation on this.

Could you please help me by describing the main purpose of using the FINT? What is it for? Can it be used in my case?

Thank you very much in advance!

[former_member787999]

This is probably not as detailed as you would like but FINT is the replacement for F.24. Both are still supported however there are several reporting advantages with FINT over F.24 specifically program RFINTITSHOW. FINT also has additional selection capabilities and generally is an improved interest calculationprogram over F.24. I can't off the top of my head think why they'd suggest to use F.24 now instead of FINT. FINT I think also uses Smartforms where F.24 uses SAPScript (and can probably be made to use Smartforms) .

Hope that helps somewhat.