add interest on ar invoice

[Former Member]

Dear expert,

If our company want to do financing for our customer to buy our product (such credit card installment payment) how to apply on ar invoice?

eg.

our lcd set worth 1200 usd , customer x pay down payment 200 usd and make 10 times installment with 12% annual interest

so our first invoice should 100 + (1000 * 1%) usd , second invoice should 100 + (900 * 1%) usd

should we apply interest manually calculate or sap b1 has facility to add automatically

Thanks

[Former Member]

Hi,

I don't think there is a built-in function in B1 already. You may post a DRQ here:

/community [original link is broken]

Thanks,

Gordon