SAP ABAP Data Element TB_PEFFZINS_REP (New Effective Interest Rate afer Partial Payoff)

Hierarchy

☛ EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services
   ⤷ FS-CML (Application Component) Loans Management
     ⤷ FVVD_REP (Package) Payoff

Basic Data

Data Element	TB_PEFFZINS_REP
Short Description	New Effective Interest Rate afer Partial Payoff

Data Type

Category of Dictionary Type	D	Domain
Type of Object Referenced		No Information
Domain / Name of Reference Type	DEC3_7
Data Type	DEC	Counter or amount field with comma and sign
Length	10
Decimal Places	7
Output Length	11
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	Eff.Int.
Medium	18	New Effective Int.
Long	20	New Effective Int.
Heading	12	Effect. Int.

Documentation

Definition

A partial payoff generates a change in the installment schedule with effect from the due date for the payoff. The effective interest calculated reflects the effects of the payoff on the remaining term ofthe loan.

In cases of a full payoff or notice of a loan it does not make sense to enter an effective interest rate for the remaining term. Therefore effective interest rate is displayed as zero.

Use

Dependencies

When you activate the payoff the effective interest is noted in the data for the loan in the Effective Interest after Change to Installment Plan field. The due date for the payoff is entered as the key date for the change to the installment plan here.

Example

History

Last changed by/on	SAP	20030430
SAP Release Created in	200