SAP ABAP Data Element XINTINT (Calculate Interest Using Compound Interest Formula)
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 XINTINT
Short Description Calculate Interest Using Compound Interest Formula  
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
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 Comp.int. 
Medium 15 Comp. interest 
Long 20 Calculate comp.int. 
Heading CI 
Documentation

Use

Calculates interest using the following formula:

Compound interest formula

Interest = Equity*[exp(log(1+interest rate/100)*(days/360(365)))-1]

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