SAP ABAP Data Element TB_SVULT (Month-End Indicator for Due Date)
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_SVULT
Short Description Month-End Indicator for Due Date  
Data Type
Category of Dictionary Type D   Domain
Type of Object Referenced     No Information
Domain / Name of Reference Type VVSULT    
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 Month-end 
Medium 15 Month-end 
Long 30 DDate at end of mnth 
Heading M-E 
Documentation

Definition

Controls whether the payoff due date is interpreted as the month end in the cash flow calculation.

  • If this indicator is set, and you use the interest calculation methods 360/360 and 360E/360, the month end for February is taken as February 30th. As a result, 30 interest days are calculated for the month of February.
  • If the indicator is not set, 28 interest days are calculated for February, or 29 in a leap year.

In both cases, the number of interest days is reduced by one if the inclusive indicator is not set.

Dependencies

Note the joint effect of the inclusive indicator, the month-end indicator, and the interest calculation method.

History
Last changed by/on SAP  20110901 
SAP Release Created in