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Re: Mismatch in capitalized interest flows in SAP with that with Banks

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Dear Jain,

 

Thanks for your reply.

 

Interest Capitalization 1.png

Interest Capitalization 2.png

Interest Capitalization Flows2.png

 

see, if u see here, As of 30.03.2014, the interest for 18 days is calculated as

 

(1150,000,000 * 9.95 * 18) / (365 * 100) = 5,642,877

 

But client is calculating as

(1150,000,000 * 9.95 * 18) / (31 * 12 * 100) = 5,536,693

 

The clients denominator comes out to be 372*100 due to which , there is difference in the 1st capitalized interest itself. Therefore, none of the flows are matching.

 

How can we match the interest flows in such cases?

 

Regards,

Rohan


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