Use

In addition to posting interest from business transactions (in connection with a dunning run, for example), you can also post debit interest on overdue items in a separate mass run.

Prerequisites

The same prerequisites apply as for manual posting of interest (IMG Structure Contract Accounts Receivable and Payable → Business Transactions → Interest Calculation → Item Interest Calculation)

Features

The interest run posts interest documents, and, using the application component Correspondence , creates an interest notification when necessary. You have the same options as for posting interest online. You can:

Calculate interest on debit and credit items separately or together

Restrict the selection to open or cleared items

Post the interest statistically or relevant to the G/L

The issue date is the date on which the interest run is to take place. It is used as the document date for the interest document. The Calculate Interest Until date is checked against the issue date. Interest calculation in the future is not permitted. You can select items for which interest is to be calculated by business partner or by contract account. You define this under Technical Settings using the parallelization object. If you select the business partner (GPART) as parallelization object, processing is by business partner. All the documents for a business partner are analyzed together. The interest is calculated for all documents together. For each business partner, the system posts one interest document; interest notifications can only be created per business partner. If you select the contract account (VKONT) as parallelization object, documents and notifications are created per contract account. Using the application component Correspondence , you can create an interest notification to inform the relevant business partner. Use the simulation run to test the completeness of the Customizing or to determine interest amounts without posting them. To do this, use the detail log.

Activities

Choose one of the following paths:

Role

Receivables Administration (SAP_FI_CA_RECEIVABLES_ADMINIST)→ Start Interest Run for Interest Calculation

SAP Menu

Periodic Processing → For Contract Accounts → Interest Run.

If you require an interest notification, you have to request this via the additional parameters. Choose Create Correspondence . In the menu under Environment →Interest Calculation List , you can display an overview for the interest run. For more information about the functions of the mass run, see Functions for Scheduling Program Runs .