Hierarchy
BBPCRM (Software Component) BBPCRM⤷
CRM-MD-BP (Application Component) Business Partners⤷
FB0C (Package) Financial Accounting customers
IMG Activity
| ID | V_T056C | Define Fixed Amounts for Interest Calculation |
| Transaction Code | S_EBJ_98000271 | (empty) |
| Created on | 20130306 | |
| Customizing Attributes | V_T056C | Define Fixed Amounts for Interest Calculation |
| Customizing Activity | V_T056C | Define Fixed Amounts for Interest Calculation |
Document
| Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
| Document Name | V_T056C |
Use
In this activity, you specify fixed amounts for the interest calculation. These fixed amounts depend on the country, the interest indicator, and a validity date.
You can choose whether the fixed amount is a surcharge that is added to the interest or a minimum amount (see example).
The surcharge or minimum amount is applied once for each invoice for which interest has been calculated. If you set the "Per Installment" switch, it is applied for each overdue installment of an installment payment.
Requirements
The fixed amounts are only taken into account for the item interest calculation.
Standard settings
Activities
Make the required specifications for each interest indicator.
For items that are posted in a different currency, you can specify the exchange rate type and date to be used for currency translation. For example, Hungarian law requires the fixed amount to be entered in Euros and the translation from Euros to Forints to be carried out using the exchange rate of the Hungarian National Bank on the date as of which interest is calculated for the item. In transaction OB07, create a new exchange rate type with reference currency HUF; the "Inverted Rate" and "EMU" indicators are not required. In transaction OB08, create the time-dependent translation exchange rates.
If you post the interest, you create the business transactions 1100 "Revenue Posting for Fixed Amounts" and 2100 "Expenses Posting for Fixed Amounts" in the account determination.
Example
EUR 40.00 fixed amount as surcharge:
Interest of EUR 7.53 has been calculated for the overdue invoice. EUR 40.00 is added to this, so the business partner has to pay interest of EUR 47.83.
EUR 40.00 fixed amount as minimum amount:
Interest of EUR 7.53 has been calculated for the overdue invoice. EUR 32.47 is added to this so that the minimum amount of EUR 40.00 is reached. If the interest calculated exceeds the minimum amount, no extra charge is added.
Business Attributes
| ASAP Roadmap ID | 204 | Establish Functions and Processes |
| Mandatory / Optional | 2 | Optional activity |
| Critical / Non-Critical | 1 | Critical |
| Country-Dependency | A | Valid for all countries |
Assigned Application Components
| Documentation Object Class | Documentation Object Name | Current line number | Application Component | Application Component Name |
|---|---|---|---|---|
| SIMG | V_T056C | 0 | HLA0001283 O HLA0001272 |
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_T056C | V - View | SM30 |
History
| Last changed by/on | SAP | 20130322 |
| SAP Release Created in | 617 |
