SAP ABAP IMG Activity SIMG_OLPR_ZINSZINS1 (Define Period Control for Compound Interest)
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IMG Activity
ID SIMG_OLPR_ZINSZINS1 Define Period Control for Compound Interest  
Transaction Code S_ALR_87004416   IMG Activity: SIMG_OLPR_ZINSZINS1 
Created on 19981222    
Customizing Attributes SIMG_OLPR_ZINSZINS1   Define Period Control for Compound Interest 
Customizing Activity SIMG_OLPR_ZINSZINS1   Define Period Control for Compound Interest 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name SIMG_OLPR_ZINSZINS1    

In this IMG activity, you define period control for compound interest.

Note that this function is only available for calculation of actual interest on capital investment projects or orders.

You use period control if you do not want to calculate compound interest in every interest run. For example, you can calculate interest every month and compound interest every quarter.

As with the interest calculation, the compound interest calculation is effected using the interest relevance of the G/L accounts/cost elements defined for interest.

Period control places the interest posting periods and the periods for each fiscal year variant in relationships with each other.

Starting from the interest posting date, the system uses period control to calculate the valuation period for calculating compound interest.

You must review the specification in the following cases:

  • You are using period control rules you defined yourself.
  • You are changing the period definition for the fiscal year variant in this company code.

Requirements

You must have defined Fiscal Year Variants for your company codes in Financial Accounting.

Standard settings

For the compound interest calculation in capital investment projects, the SAP system offers four standard period control scenarios:

  • 21    Monthly compound interest
  • 22    Quarterly compound interest
  • 23    Half-yearly compound interest
  • 24    Annual compound interest

For these four scenarios, the system automatically generates calendar assignments when you assign the relevant fiscal year variant (K4) to the assets company code.

Recommendation

We recommend you use the specifications supplied by the system, without changes or additions, if none of the above points applies to your installation.

Activities

  1. Assign particular periods to the calendar data for your fiscal year so that you can run the compound interest calculation.
    1. If the standard period keys are not sufficient, choose Edit -> New entries to define a new period key or copy an existing one.
    2. Enter the following for period control:

  • a key
  • a name

  1. Define the posting periods by calander and stipulate the period in these posting periods from which compound interest is to be calculated.
    You define the posting periods by entering the last calendar date in the relevant period.
  2. Note that the finish date for the defined posting periods must be the same as the finish data for the fiscal year variant in the relevant company code.
  3. Define the period key in the interest profile.

Further notes

You need to have interpreted Fiscal Year Variants - that is, you must enter period 000 or blank for the depreciation or interest calculation starting at the beginning of the fiscal year.

Compound interest calculation period control is not relevant for customer or overhead cost project. If the interest is posted to an interest-relevant cost element, the compound interest for projects of these types is calculated in every interest run.

Business Attributes
ASAP Roadmap ID 204   Establish Functions and Processes 
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 SIMG_OLPR_ZINSZINS1 0 HLA0001582 O HLA0001508 O HLA0001430  
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_T090ZZ V - View SM30 01 View Maintenance: Compound Interest Periods 
History
Last changed by/on SAP  19981222 
SAP Release Created in