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SAP Functional, Basis Components, and ABAP Programming Books


Interest Calculations Procedure

This configuration allows you to charge interest on overdue customer accounts.  Interest can be calculated by using the line items or overall account balances. SAP keep tracks of the date of the last interest run and stores it in the customer master record.

First create an Interest Indicator.

Secornd, make it avaliable to the interest run program.


Third, determine the interest rate that will be used by the calculation.

Fourth, assign the interest indicator to the reference interest rate. Finally, determine the how and to which accounts the interest program will post.

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