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Component: FS-AM
Component Name: Account Management
Description: Interest to be paid minus paid interest. The system includes the turnovers of "Interest to Pay" posted by the settlement minus the posted and paid interest, that is the turnovers of "Interest Paid Cleared with Installment Payment" or "Interest Payments Payment Plan Principle". The turnovers of "Interest to be Capitalized" are not included in the calculation. Interest prepayments reduce the amount of outstanding interest.
Key Concepts: Posted outstanding interest is a term used in the SAP FS-AM Account Management component. It refers to the interest that has been posted to an account but has not yet been paid. This can occur when the interest rate changes or when the payment is delayed. How to use it: In order to use posted outstanding interest, you must first set up an account in the SAP FS-AM Account Management component. Once the account is set up, you can post interest to it. If the payment of the interest is delayed, then the posted outstanding interest will be visible in the account. Tips & Tricks: It is important to keep track of posted outstanding interest as it can affect the balance of an account. It is also important to ensure that payments are made on time in order to avoid any delays or additional charges. Related Information: For more information on posted outstanding interest, please refer to the SAP FS-AM Account Management documentation.