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Define Interest
Indicator
In this IMG activity, you create the interest
indicator and determine the interest calculation type. A distinction is drawn
between two interest calculation types:
- Account balance interest calculation
(S)
With this type of
interest calculation, the line items are first balanced and then interest is
paid on the balance.
On projects, internal orders, capital investment orders, plant maintenance
orders, and service orders, only account balance interest calculation is
used.
- Item interest calculation (P)
With this type of
interest calculation, interest is paid on each individual payment
transaction.
Activities
Create the required interest
indicators.
Further Notes
Furthermore, the most important determinations
for the interest are stored for an interest indicator in the general and
time-dependent conditions. These include, among other things, rules according
to which interest is calculated, and interest rates.