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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.

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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

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Interest Calculation on General Ledger

Interest Calculation on General Ledger


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

Define Interest Calculation Types

Description Define Interest Calculation Types


Path SPROFinancial AccountingGeneral Ledger Accounting Business Transactions
Bank Account Interest Calculation Interest Calculation Global Settings Define
Interest Calculation Types
Transaction OB46
Code

08 - Loan Interest V is the Standard Interest ID, user defined Interest ID we can define as shown below
screen shot.

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Interest Calculation on General Ledger

Prepare Account Balance Interest Calculation

Description Prepare Account Balance Interest Calculation

Path SPROFinancial AccountingGeneral Ledger Accounting Business Transactions


Bank Account Interest Calculation Interest Calculation Global Settings Prepare
Account Balance Interest Calculation

Transaction OBAA
Code

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Interest Calculation on General Ledger

Define Time Dependent Terms

Description Define Time Dependent Terms

Path SPROFinancial AccountingGeneral Ledger Accounting Business Transactions


Bank Account Interest Calculation Interest Calculation Define Time-Dependent
Terms

Transaction OB81
Code

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 Secured loans 100300 100399
SAP INTR Interest 400100 400199
& Save.

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Interest Calculation on General Ledger

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 Select the required


Interest Calculation
Field status group: G005
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.

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Interest Calculation on General Ledger

Define Automatic Posting Account

Description Define Automatic Posting Account

Path SPROFinancial AccountingGeneral Ledger Accounting Business Transactions


Bank Account Interest Calculation Interest Posting Prepare GL Account Balance
Interest Calculation

Transaction OBV2
Code
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 F-02
Code
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)

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Interest Calculation on General Ledger

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 F.52
Code

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)

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Interest Calculation on General Ledger

Click on

Go to system on menu bar.


Select services

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Interest Calculation on General Ledger

Select batch input


Select sessions

Select RFSZIS00

Click on

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Interest Calculation on General Ledger

Select process/foreground

Click on

Press Enter

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Interest Calculation on General Ledger

Press Enter.

Press Enter

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Interest Calculation on General Ledger

Press Enter twice

Press Enter

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Interest Calculation on General Ledger

Enter.

Click on

The system gives the message: processing of batch input Session completed; View interest calculation of
General ledger Accounts Transaction Code (FBL3n)

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Interest Calculation on General Ledger

Checking the G/L Balances FBL3N

Description Balance Interest Calculation Run

Path AccountingFinancial AccountingGeneral LedgerAccount FBL3N -


Display/Change Line Items

Transaction FBL3N
Code

Loan A/c

Interest A/C

Click on

After interest calculation,


interest amount posted in
the respective G/L

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Interest Calculation on General Ledger

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

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Interest Calculation on General Ledger

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.

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