Hierarchy
⤷ FIN-FSCM-TRM-TM (Application Component) Transaction Manager
⤷ FTR_GENERAL (Package) CFM TM: Application Basis / Global Objects
Basic Data
Data Element | TPM_ACCINT_COMP_FLG |
Short Description | Calculation of Derived Business Transactions for Interest |
Data Type
Category of Dictionary Type | D | Domain |
Type of Object Referenced | No Information | |
Domain / Name of Reference Type | TPM_ACCINT_COMP | |
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 | Der.BT Int |
Medium | 20 | Der. BT for Int. |
Long | 40 | Derived Business Transactions for Int. |
Heading | 40 | Derived Business Transactions for Int. |
Documentation
Definition
The following are possible settings:
FRA: Calculation of Rate Gains/Losses for Settlement Payment
Set this value in the position management procedure if rate gains/losses for forward rate agreements (position management category: OTC derivatives) should be calculated at the time of the settlement payment (start of the hedging period) and not just at closing (end of the hedging period). From a technical standpoint, derived business transactions (rate gains/losses) for interest business transactions (corresponds to the settlement payment) are calculated with FRAs as a result of these settings.
In addition, you must assign position change category 1000 (not relevant for position) to the update types for settlement payment (business transaction category interest).
Netting Accrued Interest (as of Release Enterprise 2.0)
Based on a requirement from Spanish customers: instead of posting the accrued interest relating to a bond purchase directly to the profit and loss account, this accrued interest can be initially posted to a netting account. The balance of this netting account is later cleared to the profit and loss account when the next interest payment is made or when the bond is sold. This value must be set in Customizing for the position management procedure in order for the calculation of derived business transactions (generation of a flow to clear the netting account) to be triggered with the next interest rate transaction.
Difference Method with Income Transfer
With this setting, it is ensured that up-to-date income is transferred by a position transfer (such as a security account transfer or valuation class transfer). An automatic accrual/deferral is executed for the source position on the key date of the transfer without taking the transfer itself into account. This accrual/deferral is only done for the income update type specified in the position management procedure (usually the interest income type - like SAM5000). The necessary settings for the accrual/deferral (such as key date incl. or key date isend-of-month) can also be specified in the position management procedure. Ensure that customizing settings for accrual/deferral with difference method are available for the income update type and position. With the positing transfer, the corresponding part of the income of the source position (current value of the position component 'accrued interest') istransferred to the target position. Special effects (for example, causedby preceding deals with accrued interest settings, which cause interest payments in the source position even after a full position transfer) arenot considered. In this case, the following accrual/deferral run (via TPM44) will adjust the income in source and target position accordingly.
A requirement for a proper transfer of income is that the accrued interest position component is used to model the income. SAP Note 1389359 provides some customizing recommendations.
Use
Dependencies
Example
History
Last changed by/on | SAP | 20040819 |
SAP Release Created in | 200 |