SAP ABAP Data Element FCL_DTE_FEXPINT (Exponential/Linear Interest Calculation)
Hierarchy
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SAP_ABA (Software Component) Cross-Application Component
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FS (Application Component) Financial Services
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FCL_TYPES (Package) Source Data Categories for Financial Calculator
SAP_ABA (Software Component) Cross-Application Component⤷
FS (Application Component) Financial Services⤷
FCL_TYPES (Package) Source Data Categories for Financial Calculator
Basic Data
| Data Element | FCL_DTE_FEXPINT |
| Short Description | Exponential/Linear Interest Calculation |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | FCL_DOM_FEXPINT | |
| 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 | ||
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Int.Calc. |
| Medium | 15 | Interest Calc. |
| Long | 35 | Exponential/Linear Int. Calculation |
| Heading | 26 | Interest Calculation |
Documentation
Definition
Specifies the type of interest calculation.
Use
If you select this checkbox, the interest calculation is exponential. The system uses the following formula:
Interest amount = calculation basis amount * ( q ** (days / basis days) - 1 )
where
q = 1 + percentage / 100 = (compounding factor).
** = power operator
If you do not select this checkbox, the interest calculation is linear. The system uses the following formula:
Interest amount = calculation basis amount * percentage rate / 100 * days / basis days
Dependencies
If you choose exponential interest calculation, you can make an entry in the Interest Settlement Frequency field.
Example
History
| Last changed by/on | SAP | 20110908 |
| SAP Release Created in | 100 |
