How to use FQI6 - Maintain Mass Activity: Interest

SAP Transaction Code - Details

• Transaction Code: FQI6

  Description: Maintain Mass Activity: Interest

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FKKB

    Package Description: Contract A/R & A/P: Central Objects

    Parent Package: FI-CA

  • Module/Component: FI-CA

    Description: Contract Accounts Receivable and Payable

Smart SAP Assistant

• SAP Tcode: FQI6 - Maintain Mass Activity: Interest

   Calculation
  
  Overview: 
  The SAP transaction code FQI6 is used to maintain mass activities related to interest calculation. This transaction code is used to set up and maintain the parameters for interest calculation in the system. 
  
  Functionality: 
  The FQI6 transaction code allows users to define the parameters for interest calculation, such as the interest rate, the number of days in a year, and the number of days in a month. It also allows users to define the conditions for when interest should be calculated, such as when a payment is overdue or when a payment is made early. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FQI6 into the command field. 
  2. Select the “Maintain Mass Activity” option from the menu. 
  3. Enter the parameters for interest calculation, such as the interest rate, number of days in a year, and number of days in a month. 
  4. Define the conditions for when interest should be calculated, such as when a payment is overdue or when a payment is made early. 
  5. Save your changes and exit the transaction code. 
  
  Other Recommendations: 
  It is important to note that this transaction code should only be used by experienced users who are familiar with SAP systems and have an understanding of how interest calculations work. Additionally, it is recommended that users test their changes in a test environment before making any changes in production systems.