Define Interest Calculation Types (SAP Library - Accounts Receivable and Accounts Payable)

Define Interest Calculation Types

In this activity you create your interest indicators and define whether they are to be used for calculating interest on line items or on account balances.

Note

The master record for an account must contain an interest indicator if that account is to be included for interest calculation.

Activities

1. Create the iterest indicators you require.

2. Make sure that an interest indicator is entered in the master records of the required accounts.