Hierarchy
BBPCRM (Software Component) BBPCRM⤷
CRM (Application Component) Customer Relationship Management⤷
CRM_APPLICATION (Package) All CRM Components Without Special Structure Packages⤷
FTA (Package) R/3 appl. development for Treasury money,forex,forward gen
Basic Data
| Data Element | TB_BERART |
| Short Description | Interest Calculation Type |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | T_BERART | |
| Data Type | NUMC | Character string with only digits |
| 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 | Calc.Type |
| Medium | 15 | Calculatn Type |
| Long | 20 | Calculation Type |
| Heading | 0 |
Documentation
Definition
Several interest rates can form the basis for the calculation. The type of calculation indicates how these interest rates flow into the calculation.
Without average interest rate
A calculation is made using each individual interest rate.
With average interest rate
An average interest rate is derived from the available interest rates (taking the number of days and the base days into account). This is used to make allowance for the effect of compound interest. The following formula is employed for this purpose:
Average interest rate = ( ( 1 + interest rate[1]* days[1] / base days) * ... * ( 1 + interest rate[n] * days[n] / base days) - 1 ) * base days / total number of days
Example:
A transaction with a 5 day term and act/360 interest rate has a fixed interest rate of 2.5% (day 1), 3.5% (day 3) and 2.5% (day 5).
Calculation: ( ( 1 + 0.025 * 2 / 360 ) * ( 1 + 0.035 * 2 / 360 ) * (1+ 0.025 * 1 / 360 ) - 1 ) * 360 / 5 = 2.9003611204 %
Use
Dependencies
Example
History
| Last changed by/on | SAP | 20020219 |
| SAP Release Created in | 110 |
