Friday, August 31, 2012

Interest calculation on loan in first period


Interest calculation on loan in first period (F.52)


When ever you want to calculate the interest on loan account follow these procedures.

Path: Sap easy access → Accounting → Financial Accounting → General Ledger → Periodic processing → Interest calculation → Balance interest calculation.

Chart of accounts – CHAC
Company code – TAST
Calculation period – 01.05.2008      to            30.05.2008
Click on arrow mark in frond of the GL account
Assign the this GL accounts in
Single value column
100009 (SBI loan account)
200015 (Loan to ABC Company account)
Press F8 for copy.
Reference date – 3
Posting control
ü  Post interest settlements.
ü  Update master records.
Session name – Your name (any word)
Press enter key.
Press F8 for executes.
Check the interest rate, amount, days.
Run the Session. Go to System in menu bar → Service → Batch input → Session.

Go to FB03 for documents display
Check the last two documents

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