SAP ABAP Data Element BAPI_JBD_DTE_SBERECH (Grace Period Interest Method)
Hierarchy
EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services
   IS-B-DP (Application Component) Transaction Data Pool
     JBD_BAPI (Package) BAPIs
Basic Data
Data Element BAPI_JBD_DTE_SBERECH
Short Description Grace Period Interest Method  
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 GRACE_PERIOD_INT_METH_IND   
Change document    
No Input History    
Basic direction is set to LTR    
No BIDI Filtering    
Field Label
  Length  Field Label  
Short 10 Grace Int. 
Medium 15 Grace Int.Meth 
Long 20 Grace Per.Int.Method 
Heading GM 
Documentation

Definition

This indicator enables you to take interest losses in the form of grace interest into account when a scheduled repayment is settled before the payment date.

Example: Annuity loan with immediate repayment settlement

Case 1: Payment at start of period

Due date    Saturday, 03/15

Payment date    Monday, 03/17

Settlement date    Monday, 03/17

In this case, there is no grace interest.

Case 2: Payment at end of period

Due date    Saturday 03/31

Payment date    Monday, 04/02

Settlement date    Saturday, 03/31

If the grace interest indicator is set, the interest payment is increased to account for the grace interest relating to the repayment from 04/01 to 04/02. The repayment amount is reduced accordingly.

Note: You can also apply the grace interest method for installment repayments.

Definition

History
Last changed by/on SAP  20030430 
SAP Release Created in 463_20