Executing Interest Compensation (Individual Processing) 

Use

If a master contract has the interest compensation feature, you can use the report RFBKCOND_INTCOMP to execute interest compensation as a special type of master contract settlement on a specific settlement date (can be outside the normal time period). If the settlement date is before the next due date of the contract, the period ends with the settlement date. If the next due date is before the settlement date, the system closes the period on the next due date.

The system calculates the compensating interest for the conditions of the master contract according to the balance of all the transaction figures of the participant accounts. The system calculates the charges according to the defined interest compensation method.

The settlement results are posted to the payment account for the master contract. If the settings in the system define that charge compensation is not to be executed, then the charges are posted to the participant accounts. The time period is updated for the master contract and participant accounts.

For more information about the report, see the report documentation in the system by choosing .

Integration

You can start the report with the BCA_ACBAL_INTC transaction.