SAP ABAP Data Element JBIEFFZS (Effective Interest Rate)

Hierarchy

☛ EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services
   ⤷ IS-B-DP (Application Component) Transaction Data Pool
     ⤷ JBD (Package) Application development IS-B Data Pool

Basic Data

Data Element	JBIEFFZS
Short Description	Effective Interest Rate

Data Type

Category of Dictionary Type	D	Domain
Type of Object Referenced		No Information
Domain / Name of Reference Type	JBIZINSS
Data Type	DEC	Counter or amount field with comma and sign
Length	10
Decimal Places	5
Output Length	13
Value Table

Further Characteristics

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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	Eff.Int.
Medium	15	Effect.int.rate
Long	20	Effect.interest rate
Heading	0

Documentation

Definition

The effective interest rate of a transaction is calculated on the basis of the existing or planned cash flow from the interest and repayment schedule. The cash flow itself is determined based on the conditions agreed with the customer, or achievable on the market. There are five methods for calculating effective interest. Each method calculates interrupted terms and interest for periods of less than a year in a different way.

The methods are:

• AIBD
• PangV
• Moosmüller
• Braess-Fangmeyer
• US method

Use

The effective interest rate of a transaction is used to calculate the interest contribution and therefore the NIM contribution from the difference between the interest contribution and the opportunity contribution.

History

Last changed by/on	SAP	20011002
SAP Release Created in