How to use GJIC - JV Interest calculation

SAP Transaction Code - Details

• Transaction Code: GJIC

  Description: JV Interest calculation

  Release: S/4HANA only

• • Program: RGJV_INTCALC

    Screen: 1000

    Authorization Object:

  • Development Package: GJVA

    Package Description:

    Parent Package: JVA_JV

  • Module/Component: CA-JVA

    Description: Joint Venture und Production Sharing Accounting

Smart SAP Assistant

• SAP Tcode: GJIC - JV Interest calculation

  
  Overview:
  GJIC is an SAP transaction code used to calculate interest on joint venture (JV) accounts. It is used to calculate the interest on the JV accounts and post the results to the respective accounts. 
  
  Functionality: 
  GJIC allows users to calculate interest on JV accounts based on the interest rate and period specified in the system. The system will then post the results to the respective accounts. The calculation of interest can be done for a single account or for multiple accounts at once. 
  
  Step-by-step How to Use: 
  1. Enter transaction code GJIC in the command field. 
  2. Enter the company code and fiscal year for which you want to calculate interest. 
  3. Select the type of calculation you want to perform (single account or multiple accounts). 
  4. Enter the account numbers for which you want to calculate interest. 
  5. Enter the interest rate and period for which you want to calculate interest. 
  6. Click “Execute” to start the calculation process. 
  7. The system will post the results of the calculation to the respective accounts. 
  
  Other Recommendations: 
  It is recommended that users check their results before posting them to ensure accuracy. Additionally, users should be aware that GJIC only calculates interest on JV accounts and not other types of accounts.