SAP ABAP Data Element TB_JZINSRE (Exponential Interest Calculation)

Hierarchy

☛ SAP_ABA (Software Component) Cross-Application Component
   ⤷ CA-FIM-FMA (Application Component) Financial Mathematics
     ⤷ FIMA (Package) Financial mathematics

Basic Data

Data Element	TB_JZINSRE
Short Description	Exponential 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	Exponent.
Medium	15	Exponential
Long	30	Exponential interest calc.
Heading	4	Exp.

Documentation

Definition

If this indicator is set, the calculation is based on the following formulas:

Amount = calculation base amount * ( q ** (days / base days) - 1 )

where

q = 1 + percentage rate / 100 (compounding factor)
** = power operator

For intraday interest, the formula is as follows:

Amount = calculation base amount * ( q ** ((days + seconds / 86400) / base days) - 1 )

See also:

Linear interest calculation

Percentage calculation

History

Last changed by/on	SAP	20110908
SAP Release Created in