How to use FQI8 - Specifications-Interest on Arrears


SAP Transaction Code - Details

  • Transaction Code: FQI8

    Description: Specifications-Interest on Arrears

    Release: S/4HANA and ECC 6

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    • 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


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  • SAP Tcode: FQI8 - Specifications-Interest on Arrears
    
    Overview:
    The SAP transaction code FQI8 is used to manage interest on arrears. It allows users to define the interest rate and other parameters for calculating interest on arrears. This transaction code is part of the Financial Accounting module in SAP. 
    
    Functionality: 
    The FQI8 transaction code allows users to define the interest rate and other parameters for calculating interest on arrears. It also allows users to view and maintain the interest rate and other parameters for calculating interest on arrears. The transaction code also enables users to view and maintain the interest rate and other parameters for calculating interest on arrears. 
    
    Step-by-step How to Use: 
    1. Enter the transaction code FQI8 in the command field. 
    2. Enter the company code in the Company Code field. 
    3. Enter the interest rate in the Interest Rate field. 
    4. Enter the start date of the calculation in the Start Date field. 
    5. Enter the end date of the calculation in the End Date field. 
    6. Click on Execute to save your changes. 
    7. Click on Save to save your changes permanently. 
    
    Other Recommendations: 
    It is recommended that users familiarize themselves with all of the parameters available in this transaction code before making any changes, as incorrect settings can lead to incorrect calculations of interest on arrears. Additionally, users should ensure that all changes are saved properly before exiting this transaction code, as any unsaved changes will be lost when exiting this transaction code.
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