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A/R: Balance
Interest Calculation
In this step, you define the specifications for
posting the interest calculated on the customer account balance.
The account determination is carried out via
the posting interface of application 0005 (customer interest
scale). The following specifications are necessary:
- Account determination keys and posting
details
For the
business transaction account determination key, you enter at
least one set of posting details for the interest earned posting and the
interest paid posting respectively.
If you are using
interest splitting, you should also enter a set of posting details for each of
the following business transactions:
- minus debit interest past period with
post-entered value dates, minus credit interest past period with post-entered
value dates
- debit interest past period with post-entered
value dates, credit interest past period with post-entered value
dates
- debit interest calculation period, credit
interest calculation period.
Assign accounts in
full to the account symbols for the respective interest earned posting or
interest paid posting. Only the posting key is relevant for the customer
posting. It is stored in the posting details. An entry in the G/L
account field of the account allocation is not necessary here
(customer posting).
You can define a
document type for posting the interest in the Goto
menu option. The document type DA is defined in the standard
system.
Activities
Make the necessary specifications for posting
the interest.