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Former Member

Project Interest calculation financial posting

Hello Mentors,

In the current business scenario my client wants to automatically post the calculated interest to a particular WBS, irrespective of projects. They have a particular project setup for Capitalize Interest. For any project Interest calculation run, they want the Interest should debit to a G/L A/C 11000, WBS XX.0001 and Credited to the same G/L 11000, Cost Center 110000.

Please suggest me how can we fulfill the requirement.

Regards,

Amlan Neogi

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1 Answer

  • Oct 23, 2012 at 08:44 AM

    Did you maintain all the required GLs in OPID

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    • Former Member

      Hello Abdul,

      Thanks for your reply, yes i have maintained GL in OPID, but at present the interest is debited in Balance sheet GL and credited in Cost Center. But my requirement is different, as I have mention in my above post.

      Regards,

      Amlan Neogi