Create Cost of Capital Interest Rules - Cost Accounting
The purpose of this procedure is to create rules for the calculation of cost of capital (internal interest). These rules are then connected to the appropriate accounts for debit and credit posting of cost of capital in ‘Accounting Identity. Open’ (CRS630/F).
Follow these steps
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Start ‘Cost of Capital Calculation Rule. Open’ (CAS010).
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Enter an ID. Click New.
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On the E panel, enter a description and name, the percentage to be used, and the charing and offsetting accounting strings. Press Enter.
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To print a list of rules, use ‘Cost of Capital Calculation Rule. Print’ (CAS015).