Re: [sap-acct] Interest calculation on arrears

Posted by VidhyaDhar (User-friendly SAP FI Consultant)
on Aug 11 at 8:38 PM

SAP allows you to configure interest for open items as well as cleared
items. Just as open items (overdue items) can attract interest, you can also
configure so as to calculate interest on cleared ( settled but paid for
after the due date and thereby involving a delayed payment) items.



---------------Original Message---------------
From: Kathrinek
Sent: Thursday, August 11, 2011 10:24 AM
Subject: Interest calculation on arrears

Path in question
path: img ->fin. accting -> AP AR :-> Business transactions :-> interest
calculation global settings :->prepare interest on arrears calculation.

On the above path I have observed that in the Selection of items tab i notice there is an option to select cleared items. Please help me to understand why someone would want to charge interest on cleared items. Under what circumstances will this be required.

Thank you

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