SAP ABAP IMG Activity SIMG_PSFMG_V_FM023B (Maintain Minimum and Maximum Penalty Amounts)
Hierarchy
☛ EA-PS (Software Component) SAP Enterprise Extension Public Services
   ⤷ PSM-FM (Application Component) Funds Management
     ⤷ FMFG_E (Package) US Federal Government budgetary ledger account derivation
IMG Activity
ID SIMG_PSFMG_V_FM023B Maintain Minimum and Maximum Penalty Amounts  
Transaction Code S_ALN_01000894   (empty) 
Created on 20020204    
Customizing Attributes SIMG_PSFMG_V_FM023B   Maintain Minimum and Maximum Penalty Amounts 
Customizing Activity SIMG_PSFMG_V_FM023B   Maintain Minimum and Maximum Penalty Amounts 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name SIMG_PSFMG_V_FM023B    

This step allows you to define a minimum and a maximum amount for the penalty charges for each company code. The program derives the currency for these amounts from the defined company code. If a company's payment of an invoice which is subject to the Prompt Payment Act is late, resulting in penalty charges, the percentage of the penalty interest to be paid is determined by the settings you have made in this step: Only penalty interests lying within the given interval must be paid.

If the calculated penalty charges are less than the minimum amount, the "Prompt Payment Act" program sets the penalty interest to zero.

Standard settings

SAP does not provide any standard settings.

Activities

Define the minimum and maximum amounts for penalty interests.

Further notes

Further information on the calculation of penalty charges is available in the SAP Library under Financials -> Public Sector Management -> US Federal Government -> Prompt Payment Act.

Business Attributes
ASAP Roadmap ID 204   Establish Functions and Processes 
Mandatory / Optional 2   Optional activity 
Critical / Non-Critical 2   Non-critical 
Country-Dependency I   Valid for countries specified 
Customizing Attributes Country Key Country Name
SIMG_PSFMG_V_FM023B US USA
Assigned Application Components
Documentation Object Class Documentation Object Name Current line number Application Component Application Component Name
SIMG SIMG_PSFMG_V_FM023B 0 ALN0000204 US Prompt Payment Act 
Maintenance Objects
Maintenance object type C   Customizing Object 
Assigned objects
Customizing Object Object Type Transaction Code Sub-object Do not Summarize Skip Subset Dialog Box Description for multiple selections
V_FM023B V - View SM30  
History
Last changed by/on SAP  20020426 
SAP Release Created in 110