SAP ABAP Data Element XINTINT (Calculate Interest Using Compound Interest Formula)
Hierarchy
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FI-CA (Software Component) FI-CA
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FI-CA-BT-IC (Application Component) Interest Calculation
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FKKZ (Package) Interest Calculation FI/ CA: Common Objects
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Basic Data
| Data Element | XINTINT |
| Short Description | Calculate Interest Using Compound Interest Formula |
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
| 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 | Comp.int. |
| Medium | 15 | Comp. interest |
| Long | 20 | Calculate comp.int. |
| Heading | 2 | CI |
Documentation
Use
Calculates interest using the following formula:
Compound interest formula
Interest = Equity*[exp(log(1+interest rate/100)*(days/360(365)))-1]
History
| Last changed by/on | SAP | 20050224 |
| SAP Release Created in |