Hierarchy
SAP_FIN (Software Component) SAP_FIN⤷
IM-FA-IA (Application Component) Appropriation Requests⤷
AIR (Package) IM appropr.reqs.(master data, planning, preinvestment anal.)
IMG Activity
| ID | OANF_ZINS | Specify Yield Curve for Determining Net Present Value |
| Transaction Code | S_ALR_87006309 | IMG Activity: OANF_ZINS |
| Created on | 19981222 | |
| Customizing Attributes | OANF_ZINS | Specify Yield Curve for Determining Net Present Value |
| Customizing Activity | OANF_ZINS | Specify Yield Curve for Determining Net Present Value |
Document
| Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
| Document Name | OANF_ZINS |
In this step, you define the yield curves for determining net present value from the cash flow values of appropriation requests. You call the function manually for determining net present value, from master data maintenance for the appropriation request.
For each currency, you can define one yield curve, with one bid yield curve type, and one ask yield curve type.
Standard settings
SAP provides two yield curves as examples: 9990 (bid) and 9991 (ask).
Remember that SAP supplies these yield curves in client 000. You have to copy them into your working clients (Table view -> Transport).
Recommendation
When determining the net present value of appropriation requests, it is often sufficient to work with a constant interest rate. In this case, you only need to enter the following for bid and ask: the term (life) and a reference interest rate. Both of these should be valid for a long period of time, such as starting on January 1, 1900.
Activities
- Enter a yield curve for the currency, with a bid yield curve type (yield curve type 9990) and an ask yield curve type (yield curve type 9991).
Yield curve types 9990 and 9991 are predefined in the system and cannot be changed.
- For each yield curve, enter any number of terms (lives), as points for helping to generate the curve.
These terms, along with their assigned reference interest rates, determine the course of the interest curve. The system extrapolates the curve between the defined terms. After the last defined term, the system continues a constant calculation using the last reference interest rate (linear curve parallel to the time axis).
The time period is not allowed to exceed 80 years.
- For each term, enter at least one reference interest rate.
You can define the reference interest rates with a valid-from date. This means you can make the curve time-dependent. If you do not want to make the curve time-dependent, just enter a reference interest rate with a valid-from date in the distant past (such as January 1, 1900).
Business Attributes
| ASAP Roadmap ID | 203 | Establish Master Data |
| Mandatory / Optional | 2 | Optional activity |
| Critical / Non-Critical | 2 | Non-critical |
| Country-Dependency | A | Valid for all countries |
Assigned Application Components
| Documentation Object Class | Documentation Object Name | Current line number | Application Component | Application Component Name |
|---|---|---|---|---|
| SIMG | OANF_ZINS | 0 | HLA0100188 | Preinvestment Analysis |
Maintenance Objects
| Maintenance object type | C | Customizing Object |
| Assigned objects | ||||||
|---|---|---|---|---|---|---|
| Customizing Object | Object Type | Transaction Code | Sub-object | Do not Summarize | Skip Subset Dialog Box | Description for multiple selections |
| V_ZINSEN_IM | C - View cluster | SM34 | OANF | Maintain Yield Curve Type and Reference Interest Rate |
History
| Last changed by/on | SAP | 19981222 |
| SAP Release Created in |
