Posting Debit and Credit Interest Manually
Purpose
In addition to posting interest from business transactions (in connection with a dunning run, for instance), you can also post debit and credit interest on overdue items manually.
You can display the results of interest calculation and create an interest notification for the business partner in question using the
Correspondence
application component (see
Printing Interest Notifications
).
Prerequisites
Customizing is complete. Interest key determination and an amount limit check have been defined.
Process Flow
Select the business partner and/or contract account for which you want to post interest.
The system determines the items due for interest with your selection criteria.
Post the interest document. You may post any or all of the items matching the selection.
NoteInterest cannot be calculated on an item for the following reasons:
The item is locked for interest calculation.
An interest lock reason has been entered in the item.
No interest key can be determined for the item.
An interest key can be entered in a contract account, item or in the system settings for the dunning level in a dunning procedure. If no interest key can be determined, the item is locked from interest calculation. Interest keys are determined on an industry and/or customer basis.
An item is not yet due.
Overdue interest cannot be calculated.
An item is not ready for interest calculation.
Transfer days, tolerance days and interest frequency are all determined from the interest key. Interest may not be able to be calculated on an item depending on a given setting.
Interest was already calculated on an item in the current time period.
Repeated interest calculation is not permitted.
Items where no interest calculation is possible because of the statistical key, or because the item is an additional receivable, do not appear in the item selection for interest calculation.