SAP ABAP Data Element RTP_US_RMD_AMOUNT (Amount of the Required Minimum Distribution)
Hierarchy
☛
EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services
⤷
IS-B-BCA (Application Component) Bank Customer Accounts
⤷
BCA_US (Package) BCA modification for US specific requirements
EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services⤷
IS-B-BCA (Application Component) Bank Customer Accounts⤷
BCA_US (Package) BCA modification for US specific requirements
Basic Data
| Data Element | RTP_US_RMD_AMOUNT |
| Short Description | Amount of the Required Minimum Distribution |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | RTP_US_AMOUNT | |
| Data Type | CURR | Currency field, stored as DEC |
| Length | 17 | |
| Decimal Places | 2 | |
| Output Length | 22 | |
| 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 | Amount |
| Medium | 15 | RMD amount |
| Long | 20 | RMD amount |
| Heading | 22 | RMD amount |
Documentation
Definition
The required minimum distribution amount is determined and published by the IRS. As the name suggests, its is the amount that an account holder/plan owner has to withdraw from (one of) the accounts belonging to the retirement plan portfolio.
History
| Last changed by/on | SAP | 20020125 |
| SAP Release Created in | 110 |
