SAP ABAP Data Element WPVEP (Interest rate)

Hierarchy

☛ SAP_APPL (Software Component) Logistics and Accounting
   ⤷ LO-AB (Application Component) Agency Business (Global Trade)
     ⤷ WZRE (Package) Agency Business

Basic Data

Data Element	WPVEP
Short Description	Interest rate

Data Type

Category of Dictionary Type	D	Domain
Type of Object Referenced		No Information
Domain / Name of Reference Type	PRO43
Data Type	DEC	Counter or amount field with comma and sign
Length	7
Decimal Places	3
Output Length	9
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	Int.calc.
Medium	15	Interest calc.
Long	20	Interest calculation
Heading	5	Int.

Documentation

Definition

Interest rate for calculating the interest for incoming and outgoing payments.

Use

Profit simulation can take account of interest lost and interest gained.

The following method is used to calculate interest:

1. The interest for the first demand or liability is calculated linearly up to the time of the next payment.
2. For the next time interval, the interest for the balance of the payments received or made up to the relevant point in time is calculated linearly.
3. The method ends at when the last payment is made.

Field Calculating date of payment is used to control the calculation of the expected date of payment.

If you do not want to take account of interest, enter an interest rate of 0%.

Example

Payments for agency business are generally made at different times. If, for example, the vendor must be paid first, and the customer later, interest is lost.

History

Last changed by/on	SAP	19990312
SAP Release Created in