SAP ABAP Data Element TFM_IRRMETHOD (Method for Determining Internal Rate of Return)
Hierarchy
☛ SAP_ABA (Software Component) Cross-Application Component
   ⤷ CA-FIM-FMA (Application Component) Financial Mathematics
     ⤷ FIMA (Package) Financial mathematics
Basic Data
Data Element TFM_IRRMETHOD
Short Description Method for Determining Internal Rate of Return  
Data Type
Category of Dictionary Type D   Domain
Type of Object Referenced     No Information
Domain / Name of Reference Type TFM_IRRMETHOD    
Data Type NUMC   Character string with only digits 
Length 2    
Decimal Places 0    
Output Length 2    
Value Table      
Further Characteristics
Search Help: Name    
Search Help: Parameters    
Parameter ID   
Default Component name IRR_METHOD   
Change document    
No Input History    
Basic direction is set to LTR    
No BIDI Filtering    
Field Label
  Length  Field Label  
Short 10 IRR Method 
Medium 15 IRR Method 
Long 20 IRR Method 
Heading 5 IRRM 
Documentation

Definition

Numeric key of two characters used for a method to determine the internal interest rate.

Use

The IRR methods combine effective interest methods and the effective interest calculation according to US APR.

The effective interest methods PAngV (obsolete), Braess, Moosmueller (national), Bond formula, und Linear (not required) are no longer available.

The following IRR methods are available:

  • AIBD/ISMA
  • US Treasury
  • EU Act/365
  • EU 30. 42/363
  • US APR

Dependencies

The internal interest rate is calculated in the function module FIMA_IRR_CALCULATE.

Example

History
Last changed by/on SAP  20110908 
SAP Release Created in 710