Answer / babai

Here are steps for customer interest calculation:

1. Define terms of payments:
T.code: OBB8
path: img ->fin. accting -> AP AR :-> Business
transactions :->outgoing invoice and credit memo :->
maintain terms of payment

2. Define Interest Cal indicators / type:
T.code: ob46
path: img ->fin. accting -> AP AR :-> Business
transactions :-> interest calculation global settings :->
define interest cal types
here in int cal type select 'p' for int cal on line items

3. Make Interest Indicator Available to Interest Run
Program:
T.Code: ob82
path: img ->fin. accting -> AP AR :-> Business
transactions :-> interest calculation global settings :->
prepare int. on arreas

4. Create Reference Interest Rate:
T.code: OBAC
path: img ->fin. accting -> AP AR :-> Business
transactions :-> interest calculation :-> interest
calculation -> define reference interest rate

5. Assign interest indicators to ref. int rate or define
time dependant terms:
T.code: ob81
path: img ->fin. accting -> AP AR :-> Business
transactions :-> interest calculation :-> interest
calculation -> define time dependant terms
here in sequnece # always use 1 for line item interest

6. Interest calculation account assignment:
Here we will mention how and which accounts the interest
program should post.
T.code: obv1
path: img ->fin. accting -> AP AR :-> Business
transactions :-> interest calculation :-> interest posting -
> prepare interest on arreas calculation (customers)

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