Prahlad Y

SAP Consultant (FI/CO) Email Address: pyadake@gmail.com Contact Number: 8123404040

----------------------------------------------------------------------------------------------------------Interest Calculation for Customer

Interest Calculation is controlled by setting made in the interest indicator. Interest can be
calculated on Vendor and Customer in the following ways:

Account Balance Interest Calculation

Calculation of Interest on arrears

The below mentioned illustration will describe the calculation of interest on arrears
for customers.
Define Terms of Payment
SPRO Financial Accounting Accounts Receivable and Accounts Payable
Business transactions Outgoing Invoices/Credit Memos Maintain Terms of
Payment
TCODE: /NOBB8
Click on

and update the following screen

Click on
---------------------------------------------------------------------------------------------------Note:
This document has to be used as it is, without any warranty of any kind.

Prahlad Y

SAP Consultant (FI/CO) Email Address: pyadake@gmail.com Contact Number: 8123404040

----------------------------------------------------------------------------------------------------------Define Interest Calculation Indicators / Type

TCODE: /NOB46
Click on

and update the following screen

Click on
DEFINE NUMBER RANGES FOR INTEREST FORMS
Img- Financial Accounting Accounts Receivable and Accounts Payable Business
Transactions Interest Calculation Interest Calculation Global Settings Define
Number Range for Interest Form

Click on

and click on

Update the following screen

Click on

---------------------------------------------------------------------------------------------------Note:
This document has to be used as it is, without any warranty of any kind.

Prahlad Y

SAP Consultant (FI/CO) Email Address: pyadake@gmail.com Contact Number: 8123404040

-----------------------------------------------------------------------------------------------------------

Make Interest Indicator available to Interest Run Program

TCODE: /NOB82
Click on

and update the following screen

Click on

---------------------------------------------------------------------------------------------------Note:
This document has to be used as it is, without any warranty of any kind.

Prahlad Y

SAP Consultant (FI/CO) Email Address: pyadake@gmail.com Contact Number: 8123404040

----------------------------------------------------------------------------------------------------------Create Reference Interest Rate

TCODE: /NOBAC
Click on

and update the following screen

Click on
Assign Interest Indicators to reference interest rate or define time dependent terms
TCODE: /NOB81
Click on

---------------------------------------------------------------------------------------------------Note:
This document has to be used as it is, without any warranty of any kind.

Prahlad Y

SAP Consultant (FI/CO) Email Address: pyadake@gmail.com Contact Number: 8123404040

-----------------------------------------------------------------------------------------------------------

Click on
Interest Calculation account assignment
TCODE: /NOBV1 and now you will view the following screen

Now click on

and update the following screen

---------------------------------------------------------------------------------------------------Note:
This document has to be used as it is, without any warranty of any kind.

Prahlad Y

SAP Consultant (FI/CO) Email Address: pyadake@gmail.com Contact Number: 8123404040

-----------------------------------------------------------------------------------------------------------

Click on

Click on

and now you will view the following screen

and update the following screen

---------------------------------------------------------------------------------------------------Note:
This document has to be used as it is, without any warranty of any kind.

Prahlad Y

SAP Consultant (FI/CO) Email Address: pyadake@gmail.com Contact Number: 8123404040

-----------------------------------------------------------------------------------------------------------

Click on

and update the following screen

Interest Earned
A/c

S-Drs Ctrl A/c

Click on
FORM FOR INTEREST CALCUALTION
TCODE: /NOB84

Click on
Reference Interest Rate Values
TCODE: /NOB83
Click on

and update the following screen

---------------------------------------------------------------------------------------------------Note:
This document has to be used as it is, without any warranty of any kind.

Prahlad Y

SAP Consultant (FI/CO) Email Address: pyadake@gmail.com Contact Number: 8123404040

-----------------------------------------------------------------------------------------------------------

Click on
Now assign the Interest Indicator to Customers
/NXD02 OR /NXD01

NOW PASS CUSTOMER INVOICE /NF-22

Calculation of Customer Interest Calculation
TCODE: /NF.2C
Update the following screen

---------------------------------------------------------------------------------------------------Note:
This document has to be used as it is, without any warranty of any kind.

Prahlad Y

SAP Consultant (FI/CO) Email Address: pyadake@gmail.com Contact Number: 8123404040

-----------------------------------------------------------------------------------------------------------

Click on
Now update the following screen

---------------------------------------------------------------------------------------------------Note:
This document has to be used as it is, without any warranty of any kind.

Prahlad Y

SAP Consultant (FI/CO) Email Address: pyadake@gmail.com Contact Number: 8123404040

-----------------------------------------------------------------------------------------------------------

Click on
Now you will view the following report

---------------------------------------------------------------------------------------------------Note:
This document has to be used as it is, without any warranty of any kind.

10

Prahlad Y

SAP Consultant (FI/CO) Email Address: pyadake@gmail.com Contact Number: 8123404040

-----------------------------------------------------------------------------------------------------------

---------------------------------------------------------------------------------------------------Note:
This document has to be used as it is, without any warranty of any kind.

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