SAP ABAP Data Element TV_WKTAGE (Maximum age of historical price in days)
Hierarchy
SAP_APPL (Software Component) Logistics and Accounting
   TR (Application Component) Treasury
     FTB_CORE (Package) Former FTB Objects
Basic Data
Data Element TV_WKTAGE
Short Description Maximum age of historical price in days  
Data Type
Category of Dictionary Type D   Domain
Type of Object Referenced     No Information
Domain / Name of Reference Type TV_ALTER    
Data Type DEC   Counter or amount field with comma and sign 
Length 3    
Decimal Places 0    
Output Length 3    
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 Max. age 
Medium 15 Maximum Age 
Long 20 Maximum Age of Price 
Heading  
Documentation

Definition

Maximum number of days permitted between the evaluation date and the price date of the market data when market prices are used for the evaluation of a security.

Use

The system evaluates securities either using the market price or by calculating the theoretical price by discounting the cashflow of the business. The system first attempts the evaluation using market prices. You use the maximum age of the historical price to determine for how many days prior to the evaluation date the system should search for historical market prices. If no market prices are found within this time frame, the system calculates the theoretical price of the security.

Dependencies

  • The system interprets the number of days either as calendar days or as workdays depending on whether you have assigned a calendar to the stock exchange in the Customizing settings:
    • No calendar assigned: days are calendar days
    • Factory calendar assigned: days are workdays
    • You assign the calendar in the Customizing activity Exchange.
  • Next, the system attempts an evaluation using market prices only if have not selected the Calculate Theoretical Price indicator in the corresponding evaluation rule. Otherwise, the system ignores the maximum age of the historical price.

History
Last changed by/on SAP  20100310 
SAP Release Created in