SAP ABAP Data Element BKK_AMMRHYZV (Interest Settlement Frequency for Exponential Interest Calc.)
Hierarchy
☛
EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services
⤷ IS-B-BCA-MD-CD (Application Component) Condition
⤷ FKBC (Package) Bank Customer Accounts: Conditions
⤷ IS-B-BCA-MD-CD (Application Component) Condition
⤷ FKBC (Package) Bank Customer Accounts: Conditions
Basic Data
Data Element | BKK_AMMRHYZV |
Short Description | Interest Settlement Frequency for Exponential Interest Calc. |
Data Type
Category of Dictionary Type | D | Domain |
Type of Object Referenced | No Information | |
Domain / Name of Reference Type | TFM_AMMRHYZV | |
Data Type | NUMC | Character string with only digits |
Length | 2 | |
Decimal Places | 0 | |
Output Length | 2 | |
Value Table |
Further Characteristics
Search Help: Name | ||
Search Help: Parameters | ||
Parameter ID | ||
Default Component name | ||
Change document | ||
No Input History | ||
Basic direction is set to LTR | ||
No BIDI Filtering |
Field Label
Length | Field Label | |
Short | 10 | IntStFrq |
Medium | 15 | Int.sttlm.freq |
Long | 20 | Int. sttlmnt freq. |
Heading | 5 | ISFrq |
Documentation
The interest clearing frequency to be entered in months, is required in the context of the exponential interest calculation as follows:
Amount:DE.TFM_BBASIS2>Base Amount Calculation* (q** (Days / Base Days* IC) - 1 )
with
IS = 12 / Interest clearing frequency in months (Interest p.a.)
q = 1 + percentage rate / 100 / IC (Interest accumulation factor)
** = Power operator
In daily interest clearing IC = 360 or IC = 365.
Continuous interest clearing
If the gap between interest clearings is immesureably small (every hour, every minute etc.), this leads to so-called continuous interest clearing with the limit value form formula:
Amount = Base Amount Calculation * ( e ** (Percentage rate/ 100 * Days / Base days) - 1 )
with the number e = 2.71828182845904
History
Last changed by/on | SAP | 20110901 |
SAP Release Created in | 110 |