SAP ABAP Data Element VVSTGBASIS (Base Days Method)
Hierarchy
SAP_ABA (Software Component) Cross-Application Component
   CA-FIM-FMA (Application Component) Financial Mathematics
     FIMA (Package) Financial mathematics
Basic Data
Data Element VVSTGBASIS
Short Description Base Days Method  
Data Type
Category of Dictionary Type D   Domain
Type of Object Referenced     No Information
Domain / Name of Reference Type VVSTGBASIS    
Data Type CHAR   Character String 
Length 1    
Decimal Places 0    
Output Length 1    
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 Base Days 
Medium 16 Base Days Meth. 
Long 20 Base Days Method 
Heading BDM 
Documentation

Definition

This is the denominator of an Interest Calculation Method used in Interest Calculation.

Use

The base day method determines how many days are in an interest year for the purpose on interest calculation.

The following base day methods are available:

  • 360

    A year has 360 days.

  • 364

    A year has 364 days (= 52 weeks with 7 days).

  • 365

    A year has 365 days.

  • 366

    A year has 366 days.

  • 252

    A year has 252 working days.

  • actP

    P stands for Period.

    A year is the result of multiplying the actual number of days in a period with the number of periods in a year.

    Example

    The result for the half year period from 01/0172006 incl. to 07/01/2006 excl. is 362 Base days (181 Period days * 2). The result for the next period from 07/01/2006 incl. to 01/01/2007 excl. is 368 Base days (184 Period days * 2).

  • actY

    Y stands for Year.

    This is a year with the actual number of calendar days, in a leap year this is 366 days in a non-leap year it is 365 days.

    If the calculation period includes two calendar years, the second of which is leap year, the calculation is divided into two parts, x days / 365 + y days / 366.

    Examples

    • In the calculation period from 12/01/2003 to 01/09/2004 the outcome of the days quotient / Base Days is as follows:
    • 31 / 365 + 8 / 366 = 39 / 365.20468246179729
    • In intraday interest calculation the outcome for the period 12/01/2003 12:00:00 a.m.to 01/09/2004 01:01:01 a.m. (Days + Seconds / 86400) / Base Days is as follows:
    • 31 / 365 + (8 + 3661 / 86400) / 366 = (39 + 3661 / 86400) / 365.20554374627278
  • actE

    E stands for European.

    This is a year with 366 days only if the period includes February 29th, otherwise the year has 365 days.

    You calculate all periods during the year with 366 days if the end of the period is in a leap year, otherwise you use 365 days.

Dependencies

You determine the number of base days in the function module FIMA_BASE_DAYS_OF_INTEREST.

Example

History
Last changed by/on SAP  20140802 
SAP Release Created in