Interest PDF

Interest Calculation on General
Ledger
Applies to:
Below configuration is based on SAP ECC 6.0. For more information, visit the Enterprise Resource Planning
homepage
Summary
This article drives you with the simple process of Interest Calculation SAP ECC 6.0 version for SAP FI/C0
(Finance & Controlling) Module. Here we are going through Interest Calculation on General Ledger
Procedure & its process.
Author:
Praveen Chirakkel
Company: Applexus Technologies (P) Ltd.

Created on: 13 June 2011
Author Bio
Praveen Chirakkel is working as SAP Functional Consultant with Applexus Technologies (P) Ltd. He had 3 plus
year experience in SAP FI/CO.
SAP COMMUNITY NETWORK SDN - sdn.sap.com | BPX - bpx.sap.com | BOC - boc.sap.com 2010 SAP AG
Interest Calculation on General Ledger
Table of Contents
Interest Calculation on General Ledger .............................................................................................................. 3
Define Interest Calculation Types ................................................................................................................... 3
Prepare Account Balance Interest Calculation ............................................................................................... 4
Define Time Dependent Terms ....................................................................................................................... 5
Creation of G L Accounts Transaction Code .................................................................................................. 5
Creation of G L Accounts (FS00): ................................................................................................................... 6
Define Automatic Posting Account .................................................................................................................. 7
Posting of Loan Received As Liability (F-02) .................................................................................................. 7
Interest Calculation Runs .................................................................................................................................... 8
Checking the G/L Balances FBL3N .................................................................................................................. 15
Related Content ................................................................................................................................................ 16
Disclaimer and Liability Notice .......................................................................................................................... 17
SAP COMMUNITY NETWORK SDN - sdn.sap.com | BPX - bpx.sap.com | BOC - boc.sap.com 2009 SAP AG 2

There are two defined interest calculation types in the SAP System.
1. Balance interest calculation.
2. Item interest calculation.
System defined variant for balance interest calculation type is S and item interest calculation type is P.
Balance interest type calculation is used for G L Accounts. Item interest type calculation is used for vendors
and customers.
The following steps are involved in interest calculation:
Define Interest Calculation Types
Prepare Account Balance Interest Balance
Define Time Dependent Terms
Creation of G/L Account
Define Automatic Posting Account
Interest Posting Run

Description
Path
SPROFinancial AccountingGeneral Ledger Accounting Business Transactions

Bank Account Interest Calculation Interest Calculation Global Settings Define
Interest Calculation Types
Transaction
Code
OB46
08 - Loan Interest V is the Standard Interest ID, user defined Interest ID we can define as shown below
screen shot.
Prepare Account Balance Interest Calculation

Description
Prepare Account Balance Interest Calculation
Path

Bank Account Interest Calculation Interest Calculation Global Settings Prepare
Account Balance Interest Calculation
Transaction
Code
OBAA

Description
Path

Bank Account Interest Calculation Interest Calculation Define Time-Dependent
Terms
Transaction
Code
OB81
Creation of G L Accounts Transaction Code

Go to T.Code:OBD4 to create secured loans account group. Go to new entries. Chart of accounts a/c group
name from account to account
SAP SELO
SAP
INTR
Secured loans 100300 100399

Interest
400100 400199
& Save.
Creation of G L Accounts (FS00):

G L A/C no: 100307
Company code: XXXX
Select create button
Account group: Secured loans
Select balance sheet account
Short text: SBI Loan
Long text: SBI Loan Account
Select control data tab

Select only balances in local currencies
Select line item display
Sort key: 002
Select create/bank/interest tab

Field status group: G005
Select the required

Interest Calculation
Indicator
Select relevant to cash flow

Interest calculation indicator: 08
& Save.
Give G L A/C no: 400106

Company code: XXXX
Select create button
Account group: interest
Select profit and loss account
Short text: interest on O D Account
Long text: interest on O D Account
Select control data tab.

Select only balances in local currencies
Select line item display
Sort key: 002
Select create/bank/interest tab

Field status group: G001
& Save.

Description
Path

Bank Account Interest Calculation Interest Posting Prepare GL Account Balance
Interest Calculation
Transaction
Code
OBV2
Go to accounts
Chart of accounts: XXXX
A/C symbol currency G L A/C
0002 INR 400106(interest on o d account)
2000 INR 100306(I B o d account)
& Save.
Posting of Loan Received As Liability (F-02)
Description
Posting the Loan received in FI
Path
AccountingFinancial AccountingGeneral LedgerPostingF-02 - General Posting
Transaction
Code
F-02
Give document date: 01.01.2011

Posting date: 01.01.2011
Type: SA
Company code: XXXX
Currency: INR
Posting key: 40
G L Account: 307(Bank)
Enter
Amount: 100000
Business area: XXXX
Value date: 01.01.2011
Text: Loan received
Posting key: 50
G L Account: 100307(bank of Baroda O D account)
Enter
Amount: *
Business area: XXXX
Text: +
& Save.
Interest Calculation Runs

Description
Balance Interest Calculation Run
Path
Accounting Financial Accounting General Ledger Periodic Processing Interest

Calculation F.52 - Balance Interest Calculation
Transaction
Code
F.52
Accounting/financial accounting/general ledger/periodic processing/interest calculation/balances

Give chart of accounts: SAP
G L A/C no: 100307(bank o d account)
Click on
Go to system on menu bar.

Select services
Select batch input

Select sessions
Select RFSZIS00
Click on
10
Select process/foreground
Click on
Press Enter
11
Press Enter.
Press Enter
12
Press Enter twice
Press Enter
13
Enter.
Click on
The system gives the message: processing of batch input Session completed; View interest calculation of
General ledger Accounts Transaction Code (FBL3n)
14
Checking the G/L Balances FBL3N

Description
Balance Interest Calculation Run
Path
AccountingFinancial AccountingGeneral LedgerAccount FBL3N Display/Change Line Items
Transaction
Code
FBL3N
Loan A/c
Interest A/C
Click on
After interest calculation,

interest amount posted in
the respective G/L
15
Related Content
Running the Interest Calculation Program
http://forums.sdn.sap.com/thread.jspa?threadID=1815862
http://forums.sdn.sap.com/thread.jspa?threadID=765262
For more information, visit the Enterprise Resource Planning homepage
16
Disclaimer and Liability Notice

This document may discuss sample coding or other information that does not include SAP official interfaces and therefore is not
supported by SAP. Changes made based on this information are not supported and can be overwritten during an upgrade.
SAP will not be held liable for any damages caused by using or misusing the information, code or methods suggested in this document,
and anyone using these methods does so at his/her own risk.
SAP offers no guarantees and assumes no responsibility or liability of any type with respect to the content of this technical article or
code sample, including any liability resulting from incompatibility between the content within this document and the materials and
services offered by SAP. You agree that you will not hold, or seek to hold, SAP responsible or liable with respect to the content of this
document.
17

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Interest Calculation on General

Company: Applexus Technologies (P) Ltd.

year experience in SAP FI/CO.

Interest Calculation on General Ledger

Interest Calculation on General Ledger

Interest Calculation on General Ledger

Define Interest Calculation Types

Prepare Account Balance Interest Balance

Define Time Dependent Terms

Creation of G/L Account

Define Automatic Posting Account

Interest Posting Run

Define Interest Calculation Types

Define Interest Calculation Types

SPROFinancial AccountingGeneral Ledger Accounting Business Transactions

Interest Calculation on General Ledger

Prepare Account Balance Interest Calculation

Prepare Account Balance Interest Calculation

SPROFinancial AccountingGeneral Ledger Accounting Business Transactions

Interest Calculation on General Ledger

Define Time Dependent Terms

Define Time Dependent Terms

SPROFinancial AccountingGeneral Ledger Accounting Business Transactions

Creation of G L Accounts Transaction Code

Secured loans 100300 100399

Interest Calculation on General Ledger

Creation of G L Accounts (FS00):

Select control data tab

Select create/bank/interest tab

Select the required

Select relevant to cash flow

Give G L A/C no: 400106

Select control data tab.

Select create/bank/interest tab

Interest Calculation on General Ledger

Define Automatic Posting Account

Define Automatic Posting Account

SPROFinancial AccountingGeneral Ledger Accounting Business Transactions

Posting the Loan received in FI

AccountingFinancial AccountingGeneral LedgerPostingF-02 - General Posting

Give document date: 01.01.2011

Interest Calculation on General Ledger

Interest Calculation Runs

Balance Interest Calculation Run

Accounting Financial Accounting General Ledger Periodic Processing Interest

Accounting/financial accounting/general ledger/periodic processing/interest calculation/balances

Interest Calculation on General Ledger

Go to system on menu bar.

Interest Calculation on General Ledger

Select batch input

Interest Calculation on General Ledger

Interest Calculation on General Ledger

Interest Calculation on General Ledger

Press Enter twice

Interest Calculation on General Ledger

Interest Calculation on General Ledger

Checking the G/L Balances FBL3N

Balance Interest Calculation Run

AccountingFinancial AccountingGeneral LedgerAccount FBL3N Display/Change Line Items

After interest calculation,

Interest Calculation on General Ledger

Interest Calculation on General Ledger