Procedure documentationExecuting the Interest Calculation Program

Procedure

To calculate interest on items, proceed as follows from the Accounts Receivable or Accounts Payable menu:

  1. Choose Start of the navigation path Periodic Processing Next navigation step Interest Calculation Next navigation step Item Interest Calculation Next navigation step Item Interest Calculation End of the navigation path.

    The system displays the screen for entering your selection criteria.

  2. Enter data as required. You specify the following:

    • Selection Criteria

      You can specify individual values and intervals for accounts, company codes and interest indicators. By choosing the Performance pushbutton, you can also restrict the interest calculation to special general ledger transactions. Normal items are selected in the standard system. You can find additional selection options under Dynamic Selections.

    • Calculation Period

      Enter the date up to which the interest calculation is to be made.

    • Form and Printing the Letters

      You can specify a form name to define which information is contained in the letter. If you do not do this, the form stored in the system is used. You must also specify the date of issue for the letter.

    • Test Run

      For more information, see the following step 3.

  3. Start the program run to print the interest letters and post the interest.

    The following alternatives are available for this purpose:

    • Update Run

      Choose Start of the navigation path Program Next navigation step Execute End of the navigation path.

    • Test Run

      When you set this indicator, you receive an overview of the interest due. In the list, those items for which no interest is due are hidden when you are using the standard system. To display them, choose Start of the navigation path Edit Next navigation step Delete Filter End of the navigation path. You can receive detailed information about the interest calculation by double-clicking on a row.

      You can also print the interest letters and trigger an update of the interest from this overview.

      Note Note

      You can no longer exclude any items here from the interest calculation. For more information, see Blocking Items.

      End of the note.

      Note Note

      You should take into account that memory use during a test run can be very high if you select a large number of items.

      End of the note.