I have the following practical issue in FICA Interest Calculations:
We are applying the interest key (through inbound interface) on line-Item level due to transaction specific legal requirements….
For example:
Let say Contract Account: 10001 is having following two receivables transactions
1.) Doc.Type:B3, Due amount: $10,000.00, Due date: Sept 30th 2012, Interest Key: C1 (6%)
2.) Doc.Type:K9, Due amount: $5,000.00, Due date: Oct 15th 2012, Interest Key: C2 (1 %)
When we execute interest at the month end on Oct 31st 2012:
3.) Doc.Type: IN, Interest amount: $53.13, Due date: Oct 31st 2012, Interest Key: ??
My issues in above interest document are as follows:
1.) Interest Key is not carry forwarding to interest document which was created after interest run.
2.) Interest amount $53.13 is belongs to Doc.type B3: $50.94 and Doc.Type K9: $2.19
Issue 2, I may solve by executing separate batch process for each doc.type in order to post respective interest document, but how do I get the interest key on Interest document? Is there any standard functionality or do I need to go for event enhancement?
Thanks in advance guys…
Chinna
Katireddy@gmail.com