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[sap-acct] Interest Calculation on Customer Account - FINT

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Posted by smookens
on Dec 6 at 5:18 PM
Hello,
We have the below requirement from business regarding customer
interest calculation. We use FINT for interest calculation. The
requirement is as follows:
The base line date would be a fixed date which would be the month end
irrespective of the date of the invoice. Example
Invoice date 05 Nov 2011 - Baseline date = 30 Nov 2011.
Invoice Date 28 Nov 2011 - Baseline date = 30 Nov 2011.
The due date is 25th of the next month. In the above example it will
be 25th Dec 2011. If it is not paid by the 25ht, interest should be
charged on those invoices from the invoice date (not from the baseline
date). If the customer paid by 25th Dec, no interest to be charged.
Please let me know if this can be achieved in standard SAP. Please let
me know how the payment terms should be and the interest configuration
to get the above result.

Thanking you,
Sijo Mooken
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