Hierarchy
EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services⤷
IS-B-SA-ALM (Application Component) Asset/Liability Management⤷
JBRA (Package) Risk Management: Asset/Liability Management
Basic Data
| Data Element | JBRSZBMETH |
| Short Description | Interest Calculation Method in Gap |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | SZBMETH | |
| 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 | ICM |
| Medium | 15 | ICM |
| Long | 22 | Interest Calc. Method |
| Heading | 10 | ICM |
Documentation
Definition
An interest calculation method is assigned uniquely in the conditions to each transaction in the SAP datapool. For evaluations in gap analysis and in ALM simulation, for reasons of comparability, it is essential that the interest calculation methods of all transactions are adjusted to a standard interest calculation method. The conversion of the product interest rate for a transaction based on an individual interest calculation method to a product interest rate using the interest calculation method specified here, takes place in accordance with the following rule:
Interest (ind) X Days (ind) / Basis (ind) = Interest (standard) X Days (standard) / Basis (standard)
If you do not make an entry in the field Interest Calculation Method, no adjustment to a standard interest calculation method takes place. However, in the interest result evaluation, interest calculation method 360/360 is used (default setting).
Use
Dependencies
Example
Time period: March 2000
Product interest before adjustment: 2%
Interest calculation method of single transaction: 30/360
Interest calculation method of evaluation type: act/actY
Interest after adjustment: 2% X 30 / 360 X 366 / 31 = 1.9677419%
History
| Last changed by/on | SAP | 20130529 |
| SAP Release Created in |
