| Interest Invoice Related Data (tfacr5101s000) |  |
| Use this session to maintain interest invoice parameters. You must define the minimum number of days and the minimum amount exceeding, which interest is charged on invoices. If you select the Business Partner's Payment Terms check box, ERP LN selects the payment terms. If you do not select the Business Partner's Payment Terms check box, you must specify the payment terms. Related topics Interest invoices
Fields | Description
Min. Days for Int. Inv | The minimum number of days (between the payment date and the due date ), for which the interest is charged. Delayed payment is selected for interest invoice generation if the payment date minus the due date is greater than or equal to the minimum number of days for the interest invoice.
Min Amnt for Int. Inv | The minimum amount to generate interest invoice. The amount is expressed in the home currency. Delayed receipts from an invoice-to business partner are selected for interest invoice generation, if the total interest amount is greater than or equal to this amount.
Ref. Currency | The reference currency
Int. Inv Selection Based On |
No. of Days For Interest Calculation | The number of days in a year on which you want to base the interest calculation. The options are: 365 days 360 days
Business Partner's Payment Terms | If this check box is selected, ERP LN selects the payment terms from the invoice-to business partner data.
Payment Terms | The payment terms for the interest invoices. You can specify the payment terms only if you do not select the Business Partner's Payment Terms check box.