Hierarchy
BBPCRM (Software Component) BBPCRM⤷
CRM (Application Component) Customer Relationship Management⤷
CRM_APPLICATION (Package) All CRM Components Without Special Structure Packages⤷
FREP (Package) RF reporting
Basic Data
| Data Element | SZISBAVZ |
| Short Description | Standard Bank Interest Calculation |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | XFELD | |
| 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 | Stand. bk |
| Medium | 15 | St.bk int calc. |
| Long | 20 | Stand.bk int. calc. |
| Heading | 55 | Standard Bank Interest Calculation |
Documentation
Definition
If you select this command, the program calculates interest in accordance with bank practices. This means that interest is already calculated on the day of the balance carried forward, but is still uncalculated for the upper interest calculation limit during this interest run. The interest calculation period is thus backdated one day.
However, this results in the following compound interest effect:
The system takes the upper interest calculation limit for purposes of capitalizing the interest (if not specified differently). If interest is already calculated on the day of the balance carried forward, interest is also calculated for this day for the capitalized interest of the last run. This means that compound interest is already calculatedfor interest on the day of the interest capitalization.
History
| Last changed by/on | SAP | 19930713 |
| SAP Release Created in | 470 |
