Item Interest Caluculation.....

[Former Member]

Hi All,

Anybody please tell me wat is the difference between ITEM INTEREST CALCULATION - ARREARS INTEREST CALCULATION - BALANCE INTEREST CALCULATION. I want to calculate interest for customers balances.

Regards,

Vasanth.P.Kumar.

[Former Member · Accepted solution]

Hi Vasanth,

Check out the following links

http://www.sap-basis-abap.com/sapfj001.htm

http://help.sap.com/bestpractices/BBLibrary/Documentation/J33_BB_ConfigGuide_CHEM_EN_IN.doc

http://www.sap-basis-abap.com/fico/steps-for-calculation-of-arrers-item%20interest.htm

Assign points if useful

Regards

Genie

[Former Member]

Hi

Item interest calculation is used for vendors & Customers and it is P Type.

Balance interest calculation is used for GL A/C and it is S Type.

Allot point if it helps