SAP ABAP Data Element XDAYINT_KK (Calculate Interest per Day)

Hierarchy

☛ FI-CA (Software Component) FI-CA
   ⤷ FI-CA-BT-IC (Application Component) Interest Calculation
     ⤷ FKKZ (Package) Interest Calculation FI/ CA: Common Objects

Basic Data

Data Element	XDAYINT_KK
Short Description	Calculate Interest per Day

Data Type

Category of Dictionary Type	D	Domain
Type of Object Referenced		No Information
Domain / Name of Reference Type	XFELD
Data Type	CHAR	Character String
Length	1
Decimal Places	0
Output Length	1
Value Table

Further Characteristics

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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	Daily Int.
Medium	15	Int. per Day
Long	21	Use Interest per Day
Heading	21	Use Interest per Day

Documentation

Definition

Setting this indicator has the effect that interest is firstly calculated per day. The interest amount is then multiplied by the number of days for which interest is to be calculated.

Example

Interest rate:    60 % pa (360/360)

Amount:    100 EUR

Days:        10

Indicator is not set:

Interest amount = 60/100 * 10/360 * 100 EUR = 1.66 EUR

Indicator is set:

Interest amount per day = 60/100 *1/360 * 100 DEM = 0.17 EUR

Interest amount = Interest amount per day * 10 = 1.70 EUR

History

Last changed by/on	SAP	20050224
SAP Release Created in	463