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FI, LO, Interest on Arrears Localization Topic for France Locate this document in the navigation structure

 

Technical Data

Technical Name of Business Function

FIN_LOC_CI_10

Type of Business Function

Enterprise Business Function

Available From

SAP enhancement package 5 for <name of the product, for example, SAP ERP 6.0>

Technical Usage

Public Sector Accounting

Application Component

(FIN-PUR)

Required Business Function

NA

You can use this business function to record, manage, monitor and report data related to all stages involved in handling interest on arrears. You can create, change, and display invoices including data that is relevant for interest on arrears in an SAP ERP system. Materials Management (MM) operations are used for operational handling of purchase orders and invoices, such as the invoice verification process.

Integration

The Interest on Arrears function for the French public sector is based on the following two business functions:

  • FI, LO, Interest in Arrears Localization Topic for France (FIN_LOC_CI_10)

    Use this business function to activate the Interest on Arrears function in Financial Accounting (FI) and Materials Management (MM).

  • SRM, Interest on Arrears Localization Topic for France (SRM_COUNTRY_PPS_FR_1)

    Use this business function to activate the Interest on Arrears function in Supplier Relationship Management (SRM).

The SRM business function is required only when you use SRM for procurement processes. These two business functions are technically independent of each other but they handle one common business process.

Prerequisites

  • You have installed the following components as of the version mentioned:

    Type of Component

    Component

    Required for the Following Features Only

    Software Component

    SAP-APPL 605and EA-PS 605

Features

This business function covers the following features:

Interest on arrears information on documents

You can use this feature to record the following interest on arrears data:

  • Interest indicator

  • Suspension information

  • Invoice reception dates on individual invoice documents

For more information, see Interest on Arrears.

Mass transaction for display and maintenance of interest on arrears data

This functionality allows you to perform mass processing of interest on arrears (IoA) information. You can identify and select documents requiring data processing, set values for multiple documents, copy values from single source to multiple receiver documents. Mass transaction offers overview and process simplification for the user when maintaining IoA data. When used in display mode, the mass processing transaction enables a quick analysis of IoA data for a set of documents selected by specific IoA related criteria.

For more information, see Updating Interest on Arrears Data.

Interest calculation considering interest on arrears information

This feature enables the calculation of interest on arrears in accordance with the French regulations. You can use transaction FINTAP to calculate interest on arrears. In addition to FINTAP, transaction FPIA_FINTAP provides document selection using IoA data.

For more information, see Item Interest Calculation for IoA.

ERP Based Analytic using interest on arrears data

This feature enables the reporting of interest on arrears data. The List of Vendor Line Items report is for both open and closed vendor items and is used to display information on due and overdue items including interest on arrears data. The Interest Run Display report displays the interest on arrears data for those invoice documents for which the interest calculation was performed.

For more information, see Reports.

BI analytic on interest on arrears data

BI enables you to extract all relevant interest on arrears data for analysis. It consists of extractors for IoA-related ERP data and BI queries, which allows you to analyze the IoA data. You can generate the following two reports using the BI queries:

  • Summary of interest incurred including the budget account assignments affected

  • Summary of average invoice processing time. This includes the time from which invoice is received to the time at which payment is made, indicating interest charges are applicable