SAP ABAP Data Element /BA1/F4_DTE_MASTER_MDCODE (Master Market Data Area)
Hierarchy
SAP_BS_FND (Software Component) SAP Business Suite Foundation
   CA-FS-MKD (Application Component) Basic Market Data
     /BA1/F4_BASIS (Package) Basic Market Data
Basic Data
Data Element /BA1/F4_DTE_MASTER_MDCODE
Short Description Master Market Data Area  
Data Type
Category of Dictionary Type D   Domain
Type of Object Referenced     No Information
Domain / Name of Reference Type /BA1/F4_MDCODE    
Data Type CHAR   Character String 
Length 4    
Decimal Places 0    
Output Length 4    
Value Table /BA1/TF4_MDC    
Further Characteristics
Search Help: Name /BA1/F4_MDCODE    
Search Help: Parameters MDCODE   
Parameter ID /BA1/F4_MDCODE  
Default Component name    
Change document    
No Input History    
Basic direction is set to LTR    
No BIDI Filtering    
Field Label
  Length  Field Label  
Short 10 Master MDA 
Medium 18 Master MD Area 
Long 22 Master Mkt Data Area 
Heading 22 Master Mkt Data Area 
Documentation

Definition

The market data area from which the Customizing settings for market data are taken. The master market data area is a market data area that is not dependent on any other market data area.

Use

You define a market data area as a master market data area by manually entering the appropriate market data area as the master market data area. In a master market data area, you define the Customizing settings for market data in general.

You can then create more market data areas that are dependent on the master market data area that you have just created. All of these dependent market data areas will then have the same master data Customizing settings as the master market data area (in other words, the dependent market data areas have the same exchange rate categories, reference interest rates, security price categories, and so on, as the master market data area). The market data records of the master market data area is automaically valid in dependent market data areas.

Note: You can only create market data Customizing and market data records in the master market data area.

Example

A bank comprises several legal entities, all of which are subordinate to the parent company. Market data areas are used to keep the market data in the various legal entities of the bank (and for the parent company as a whole) separate. It should be possible to evaluate variable-rate loans (with reference interest rates in their transaction data) using both the market data of a legal entity and the market data of the parent company.

In this case, we recommend that you use only one master market data area, and otherwise only market data areas that are dependent on this master market data area. This will ensure that the reference interest rate used when the variable-rate loan was created is known both in the legal entity and in the parent company. Indeed, it is this setting that makes it possible for both a legal entity and the parent company to evaluate the transaction in the first place.

History
Last changed by/on SAP  20110908 
SAP Release Created in 20