SAP ABAP IMG Activity PAY_MX_DL025 (Specify interest calculation method)
Hierarchy
SAP_HRCMX (Software Component) Sub component SAP_HRCMX of SAP_HR
   PY-MX (Application Component) Mexico
     P32C (Package) Customizing HR Mexico
IMG Activity
ID PAY_MX_DL025 Specify interest calculation method  
Transaction Code S_L6B_69000410   (empty) 
Created on 20030114    
Customizing Attributes PAY_MX_DL025   Specify interest calculation method 
Customizing Activity OHAXDL025   Specify Interest Calculation Method 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name OHAXDL025    

The SAP system uses the interest calculation method 30/360 for company loans in the standard system. This method assumes that there are 30 interest days for every month and 360 interest days for the annual interest basis. In this step, you can specify an interest calculation method for your enterprise that is different to this standard method.

To do so, you use the feature INTLO (HR Loans: Interest Calculation Method), where you can select one of the usual interest calculation methods.

When doing so, you can specify that the interest calculation method

  • Should apply for all loans in your system
  • Should only apply for certain loan types
  • Should only apply for certain loan conditions

Example

In your enterprise, the interest calculation method act/acty (Tagesgenaue Zinsberechnung für Monat und Jahr) should be used for all loans of the loan type personal loan with installment repayment.

You create a node for the loan type 9234 with the return value 6 (act/acty) in the INTLO feature for your country grouping.

Requirements

Establish the number of interest days in your enterprise on which the interest calculation for company loans should be based.

Standard settings

Recommendation

Activities

Further notes

As an alternative to changing the interest calculation method using the INTLO feature, you can also assign an individual loan condition it's own interest calculation method, in this unit of the Implementation Guide (IMG) under Master Data -> Maintain Loan Types. However, we do recommend that you make the settings for the interest calculation method using the feature as it is much clearer.

Business Attributes
ASAP Roadmap ID 204   Establish Functions and Processes 
Mandatory / Optional 2   Optional activity 
Critical / Non-Critical 2   Non-critical 
Country-Dependency I   Valid for countries specified 
Customizing Attributes Country Key Country Name
PAY_MX_DL025 MX Mexico
Assigned Application Components
Documentation Object Class Documentation Object Name Current line number Application Component Application Component Name
SIMG OHAXDL025 0 HLA0100668 Bases 
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
PMKC L - Logical transport object PE00 INTLO Modify INTLO Feature 
History
Last changed by/on SAP  20030114 
SAP Release Created in 470