SAP ABAP Data Element TM_SCOMPCP (Exponential discounting for term over 1 year)

Hierarchy

☛ EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services
   ⤷ FIN-FSCM-TRM-TM (Application Component) Transaction Manager
     ⤷ FTG (Package) R/3 application development for Treasury money market

Basic Data

Data Element	TM_SCOMPCP
Short Description	Exponential discounting for term over 1 year

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

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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	25	Exponential discounting
Heading	2	Ex

Documentation

Definition

Discounting method used to calculate NPV of Commercial Papers:

• If this indicator is not set, linear discounting is always used according to the following formulas:
• NPV calcuation via yield:
NPV =
Nominal value/(1+interest rate/100*interest days/daily basis)
• NPV calculation via discount:
NPV =
Nominal value*(1-interest rate/100*days/daily basis)
• Otherwise, linear discounting is used with the above formula for terms up to one year; for terms greater than one year, exponential discounting is used according to the following formulas:
• NPV calculation via yield:
NPV =
Nominal value /
(1+interest rate/100) **(interest days/daily basis)
• NPV calculation via yield:
NPV =
Nominal value /
(1+interest rate/100) ** (interest days/daily basis)
• NPV calculation via discount:
NPV=
Nominal value*
(2-(1+interest rate/100) ** (days/daily basis))

History

Last changed by/on	SAP	20020219
SAP Release Created in