Accounts by Financial BP Group (tfacr0110m100)

Use this session to maintain the ledger accounts and dimensions for a financial business partner group.

Field Information

Financial Business Partner Group

The transactions you conclude for the members of a particular financial business-partner group are all posted to the same ledger accounts and their dimensions.

Description

The description or name of the code.

Default Sales Type

The default sales type for the business partner group. This can be the sales type for regular sales.

Description

The description or name of the code.

Interest Rate Code

The code for the penalty interest. Penalty interest is calculated for interest amount that is overdue. This interest rate code is assigned to the financial business partner group.

Note: 
  • The interest rate defined for this Interest Rate Code is used to calculate the interest amount on reminder letters and interest invoices.

Description

The description of the Interest Rate Code.

Text

If this check box is selected, a text is present.