Hierarchy
EA-FIN (Software Component) EA-FIN⤷
RE-FX-CN (Application Component) Real Estate Contract⤷
RE_TM_PE (Package) RE: Terms - Period (Terms for Term)
Basic Data
| Data Element | RETMNTPERGRACEDAYS |
| Short Description | Grace Days for Notice Period |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | NUMC2 | |
| Data Type | NUMC | Character string with only digits |
| Length | 2 | |
| Decimal Places | 0 | |
| Output Length | 2 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | PERIOD_GRACE_DAYS | |
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | GracePer. |
| Medium | 15 | Grace Period |
| Long | 20 | Grace Period |
| Heading | 4 | GrP |
Documentation
Definition
Number of days by which the notice period is extended.
Use
Grace days are usually used in period regulations in which the notice date Notice for falls at the end of the month. The grace days indicate up to which day in the following month that notice can still be given and be effective.
Dependencies
If you use grace days, also complete the following fields:
- Calendar or business days indicator
- Calendar used for determining business days
Example
Example 1 for a Period Regulation
The notice period is 6 weeks for the end of the quarter.
TmYr TmMo TmDy Notice per NtMo NtWk NDay CD/BD Cal.
End of Quarter 6
Example 2 for a Period Reglation
In the first 5 years of the lease-out, the notice period is 3 months for the end of the month, then through year 8 the notice period is 6 months, and after that 9 months. Notice has to be received by the 3rd day of the following month (3 days grace period).
TmYr TmMo TmDy Notice per NtMo NtWk NDay CD/BD Cal.
5 Month End 3 3 Bus. Days 01
8 Month End 6 3 Bus. Days 01
Month End 9 3 Bus. Days 01
History
| Last changed by/on | SAP | 20040819 |
| SAP Release Created in | 110 |
