Vendor: Item Interest Calculation

[Former Member]

Hi, I have a vendor with an open item in its invoice section well past its due date. I'm trying to calculate item interest calculation for the open item using FINTAP and also F.4B, but both the transactions are not retrieving any records. I have defined Interest Indicator, enter interest rates, time based terms and OBV9 etc and also assigned the interest indicator to the respective vendor.... Really appreciate any help in this regard.

[former_member219221]

Hai sai,

Can u please clarify below points.

1. is your calculation for either vendor or customer?

2. If interest calculation for vendor, is that open item belongs to either invoice or Advance payment?

Regards,

Singaiah Pathuri(singh)

[Former Member]

Sorry Singh for responding so late.

Coming to the questions you have...

1. is your calculation for either vendor or customer? For Vendor

2. If interest calculation for vendor, is that open item belongs to either invoice or Advance payment? Open Items belong to Invoice.