How to use F.26 - A/R: Balance Interest Calculation

SAP Transaction Code - Details

• Transaction Code: F.26

  Description: A/R: Balance Interest Calculation

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > Accounts Receivable > Periodic Processing > Interest Calculation > Balance Interest Calculation

• • Program: SAPMS38M

    Screen: 101

    Authorization Object:

  • Development Package: FIBP

    Package Description: Documentation FI customers and vendors

    Parent Package: APPL

  • Module/Component: FI

    Description: Financial Accounting

Smart SAP Assistant

• SAP Tcode: F.26 - A/R: Balance Interest Calculation

  
  Overview:
  The SAP transaction code F.26 is used to calculate the interest on open items in Accounts Receivable (A/R). This transaction code is used to calculate the interest on overdue payments and unpaid invoices. It can also be used to adjust the interest rate for specific customers or vendors. 
  
  Functionality: 
  The F.26 transaction code allows users to calculate the interest on open items in A/R. It can be used to calculate the interest on overdue payments and unpaid invoices. It can also be used to adjust the interest rate for specific customers or vendors. The calculation of interest is based on the customer's payment terms and the current interest rate. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code F.26 in the command field of SAP. 
  2. Select the company code for which you want to calculate the interest on open items in A/R. 
  3. Enter the customer or vendor number for which you want to calculate the interest on open items in A/R. 
  4. Enter the date from which you want to start calculating the interest on open items in A/R. 
  5. Select the type of calculation you want to perform (e.g., simple, compound, etc.). 
  6. Enter the current interest rate for calculating the interest on open items in A/R. 
  7. Select whether you want to adjust the interest rate for specific customers or vendors, if applicable. 
  8. Execute the transaction code by clicking “Execute” button at the top of the screen. 
  9. The results of your calculation will be displayed on screen and can be printed out if desired. 
  
  Other Recommendations: 
  It is recommended that users review their results carefully before printing out any reports or making any changes to their accounts receivable records based on these calculations. Additionally, users should ensure that they are using up-to-date information when calculating interest rates, as this can have a significant impact on their results.