Account Settlement 
Definition
Business object of Account Management (FS-AM) that determines the interest and charges that are calculated and posted periodically for accounts.
Use
Accounts are balanced regularly as part of the periodic tasks in accounting. A corresponding settlement frequency (time period) can only be defined for all account contracts or individually in the account contract.
There are two forms account settlement that mutually exclude each other. They are represented as features in the product, where you can choose one of them:
· Standard account settlement: You can execute standard account settlement for accounts with the feature 003.
· Extended account settlement: You can execute extended account settlement for accounts with the feature 018.
You enter the settings for standard account settlement in account processing on the Settlement tab page. You enter the settings for standard account settlement in account processing on the Extended Settlement tab page.
For more information, see Extended Account Settlement.
To execute and process the standard account settlement, and the extended account settlement, you use the same transactions and reports.
Structure
You can call up the following transactions in dialog mode:
· Individual processing
Transaction Code |
Short description |
BCA_ACBAL_NEXT_DATE |
|
F996 |
|
BCA_ACBAL_REVS |
|
BCA_ACBAL_INT_FEES |
|
BCA_ACBAL_INT_SCALE |
|
BCA_CN_KFG |
|
BCA_ACBAL_SIMPAST_S |
· Mass processing
Transaction Code |
Short description |
F991 |
|
BCA_ACBAL_STYPE |
|
BCA_ACBAL_REVM |
|
BCA_ACBAL_SIMPAST_M |
You can call up the following methods using the BAPI Explorer:
Method |
Short description |
AccountSettlementAM.CalculateInterestFeeSingle |
Direct interest/charge calculation |
AccountSettlementAM.GetDetail |
Read details on account settlement |
AccountSettlementAM.ReverseSingle |
Single reversal |
AccountSettlementAM.StartSingle |
Starting an Individual Settlement |
Customer enhancements
The following Business Transaction Events (BTE) are available for account settlement. You can find the overview of the BTEs with transaction fibf (Business Transaction Events).
Process BTE |
Short description |
0BCA4000 |
Mass run parameters |
0BCA4005 |
Different settlement data |
0BCA4015 |
Authorization checks for settlement |
0BCA4020 |
Capital yield tax |
0BCA4030 |
Condition differentiation values |
0BCA4040 |
Settlement payment item |
0BCA4050 |
Event-controlled settlement |
0BCA4060 |
Revenue – available balance series |
0BCA4065 |
Revenue – notice on remaining amount |
0BCA4080 |
Interest periods – settlement type 02 (alternative) |
0BCA4100 |
Additional information |
0BCA4150 |
Change settlement postings (credit commission) |
0BCA4180 |
Customer data in settlement reversal |
0BCA4350 |
Call up postings in GetDetail |
0BCA4355 |
Call up CYT in GetDetail |
0BCA4400 |
Bonus calculation in settlement |
0BCA4450 |
Interest Penalty for Early Withdrawal |
0BCA4470 |
Read/continue processing settlement data |
0BCA4480 |
Refresh settlement data in customer table |
0BCA4500 |
Rounding of settlement results |
0BCA4510 |
Compress settlement details |
0BCA4520 |
Enter calculation base for aggregate formation |
0BCA4530 |
Change determination period for condition determination |
0BCA4550 |
Currency conversion for amount limits |
Integration
To be able to select the Extended Account Settlement feature, you need to process the following IMG activities in Customizing for Account Management under End-of Day Processing ® Settlement ® Extended Settlement:
· Define settlement tracks
· Assign settlement tracks to settlement type
· Define time periods for settlement tracks
· Define day of month for time periods
You must assign conditions to every contract that is to be settled.
You must maintain the required transaction types in the Implementation Guide (IMG) under Item Management ® Basic Functions ® Assign Posting Types to Transaction Types.
See Also
Process Flow of Account Settlement