Hierarchy
SAP_HRRXX (Software Component) Sub component SAP_HRRXX of SAP_HR⤷
PY-XX (Application Component) Payroll: General Parts⤷
PCLO (Package) HR-PY: International Loan Functions
Basic Data
| Data Element | IMETH |
| Short Description | Interest Calculation Method |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | PCLO_INT_METHOD | |
| 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 | Method |
| Medium | 15 | IntrstCalcMethd |
| Long | 25 | Interest calc. method |
| Heading | 10 | Method |
Documentation
Definition
Specifies the method that is used to calculate interest for this loan condition.
Use
You can specify the interest calculation method for a certain loan condition in this field. Alternatively, you can specify the interest calculation method for your whole system or for certain loan types or loan conditions using the feature INTLO (HR Loans: Interest Calculation Method). You can find the feature in Customizing for Loans under Specify Interest Calculation Method.
You can select one of the following methods here:
Method Interest Days/Month Interest Days Base/Year
30/365 30 365
30/360 30 360
act/360 for exact day 360
act/365 for exact day 365
act/actY for exact day for exact day
Dependencies
If you specify an interest calculation method here, the system uses this method for the loan condition instead of the method that you have specified in the INTLO feature.
Example
History
| Last changed by/on | SAP | 20000119 |
| SAP Release Created in | 46B |
