InterviewSolution
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What is debit interest and credit interest in item interest calculation? |
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Answer» ta here is ur ANSWER ✌️✌️....DEBIT Interest Balance Interest - This means the interest which we are entitled to receive from the bank for the debit balancemaintained in the bank account..... Credit Interest Balance Interest - This means theinterest which we are due to pay to the bank for the OVERDRAWN amount.....There are two defined interest calculation types in the SAP System. ..✍️✍️.... System defined variant for balance interest calculation type is „S‟ and ITEM interest calculation type is „P‟....HOPE it helps u❤️❤️...Balance interest type calculation is used for G L Accounts. Item interest type calculation is used for vendors and customers. |
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