Hierarchy
⤷ RE-FX-AJ (Application Component) Rent Adjustment
⤷ RE_AJ_CA (Package) RE: Cross Application Adjustment (Comprehensive Functions)
Basic Data
Data Element | REAJINDEXBASEYEAR |
Short Description | Base Year for an Index Series |
Data Type
Category of Dictionary Type | D | Domain |
Type of Object Referenced | No Information | |
Domain / Name of Reference Type | BASJHR | |
Data Type | NUMC | Character string with only digits |
Length | 4 | |
Decimal Places | 0 | |
Output Length | 4 | |
Value Table | T094B |
Further Characteristics
Search Help: Name | ||
Search Help: Parameters | ||
Parameter ID | ||
Default Component name | INDEX_SERIES_BASE_YEAR | |
Change document | ||
No Input History | ||
Basic direction is set to LTR | ||
No BIDI Filtering |
Field Label
Length | Field Label | |
Short | 10 | Base Year |
Medium | 15 | Base Year |
Long | 20 | Base Year |
Heading | 4 | BsYr |
Documentation
Definition
The base year of an index series designates the year in which "100" number of points were valid for the index series.
Use
There can be more than one base year for an index series. For two base years Ba and Bb of the same index series, you can convert the index points Pa(t1) and Pa(t2) for base year Ba and Pb(t1) and Pb(t2) for base year Bb
using the following rule:
Pa(t2) = Pa(t1) x Pb(t2) / Pb(t1)
If an index rule for condition adjustment uses a set number of points (for example, an increase only if the index has increased by more than 4 points) then the contractual agreement of the base year is important since the limit for higher base years (assuming increasing indices) is reached at a later point in time compared to lower base years.
The base year can also be empty if the parameter Always Use Current Base Year is set.
Dependencies
The base years that are valid for an index series are defined in Customizing.
Example
History
Last changed by/on | SAP | 20110901 |
SAP Release Created in | 200 |