Manage Contracts With AcctBalIntCalc
Application component: Collections and Disbursements
App type: SAP GUI
Description:  The Process insurance objects with balance interest calculationtransaction (VVO1) bundles functions for insurance objects with balance interest calculation, and enables you to process them centrally. 
Key features:  You can access processing using the insurance object and/or the business partner. The system only accepts insurance objects for which balance interest calculation has taken place. The input help for the insurance object (F4) only brings up a list of insurance objects for which balance interest calculation has taken place. The following information and options are available in the transaction: Header data The current master data that is relevant to interest calculation (currency, interest key, base period and base days for interest calculation) is displayed in the transaction header, as well the master data keys and descriptions. You can branch off to display the master data for the insurance object, contract account and business partner.   Deposit tab page The deposit balance shows the balance for all actually posted items, the date up to which interest was posted, and the latest date defined in the master data up to which interest can be calculated. Those insurance objects whose receivables are paid using the deposit contract are displayed in a list. The balance for all actually posted items on the insurance objects is displayed in the deposit currency, with the due date for net payment for the oldest item. You can branch to the business partner display, insurance object display, and the account balance.   Down payment/disbursement requests tab page All open down payment and disbursement requests, which were posted to the deposit contract or are posted on the basis of the payment plan item defined for the insurance object, are displayed in a list.  Interest tab page The display shows you the date up to which interest was posted. On the basis of the specifications in the Interest calculation to and Total interest fields, you can determine the interest amount up to this date of issue. The Interest to post field displays which interest amount can be posted, according to the set periodicity. You can calculate and post interest up to a date that you define. The newly calculated and posted interest items and the interest history are displayed in a list. You can branch to the interest history.   Currency change tab page You can execute a currency change for the deposit contract. Interest is automatically calculated online up to the day before the currency change, unlike for the mass activity (VVOZCURRSW). This does not apply to insurance objects for which clarification cases exist, due to postings in a period for which interest has already been calculated. The conditions for a currency change are described in the Currency Changes for Insurance Objects with Balance Interest Calculation section.  Closing tab page You can close a deposit contract. In event V085 (sample module VVOZINS3_SAMPLE_V085), you can implement your own checks for closing a deposit contract. This is subject to the following conditions: You can only close a deposit contract if you have calculated interest up to the date of closure. No entries are available in the clarification table (VVKKICLARIOB). When closing, transfer post the entire balance for the deposit contract on the day following closure, to another insurance object-partner relationship.  The following activities are executed automatically. The end of interest calculation is set to the day of closure in the master data for the deposit contract. Balance interest calculation is executed up to the date of closure. The balance is transfer posted. The old items are then cleared against the new ones. You can distribute the balance to multiple insurance objects. A posting lock is set.You can define additional activities in the Implementation Guide, which are executed when closing a deposit contract.  The following conditions lead to a warning message: The end of interest calculation defined in the master data falls before the termination date. There are still open payment plan items on the insurance object.   Transfer posting tab page You can execute (subledger) transfer postings to other insurance objects, or the insurance object with balance interest calculation.