Hierarchy
EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services⤷
FIN-FSCM-TRM-TM-IS (Application Component) Information System⤷
FTI (Package) Application development R/3 Treasury information system
Basic Data
| Data Element | FTI_EFFZINS |
| Short Description | Effective Interest Rate |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | DEC3_7 | |
| Data Type | DEC | Counter or amount field with comma and sign |
| Length | 10 | |
| Decimal Places | 7 | |
| Output Length | 11 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | ISSUE_YIELD | |
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | EffIntRte |
| Medium | 15 | Effect.Int.Rate |
| Long | 20 | Effect.interest rate |
| Heading | 20 | Effect.interest rate |
Documentation
Definition
The effective interest rate indicates the actual revenue of an interest-bearing bond or the actual cost of a loan, and takes account of various factors affecting the cost or revenue.
This field is filled for the following contract types:
- 1 Loans
- 2 Securities (operative valuation area only)
- 5 Money Market
For loans and money market contracts, the system takes the effective interest rate from the contract or transaction.
For securities, the system calculates the position for the key date. It then generates a cash flow for this key date-specific position, which is used by the effective interest calculator. In other words, the effective interest rate for securities is always calculated.
Supplementary Documentation - FTI_EFFZINS0001
Use
This field displays the effective interest rate calculated on the basis of the order data entered.
Procedure
To calculate the effective interest rate, choose Edit -> Eff. int. from price.
Dependencies
For the calculation to work, you must have entered the security master data and the following order data:
- Order volume
- Security price
- Effective interest method
- Calculation date
Supplementary Documentation - FTI_EFFZINS0002
Use
In this case, you can either specify the effective interest rate, or have it calculated on the basis of the specified security price.
Procedure
To calculate the effective interest rate, choose Edit -> Eff. int. from price.
Dependencies
For the calculation to work, you must have defined the security master data and entered the following order data:
- Order volume
- Security price
- Effective interest method
- Calculation date
History
| Last changed by/on | SAP | 20020520 |
| SAP Release Created in | 110 |
