Time Deposits 

Definition

Feature of the account in Account Management (FS-AM) for administration of time deposit agreements.

All the other basic functions for an account are also available.

Use

Accounts for which the time deposit (feature attribute 0015) feature is active are used for administration of time deposits. This is a term product with a fixed term.

An account can only contain one current time deposit agreement, which means that the terms of different time deposit agreements for the same account cannot overlap.

The following properties apply for all time deposit agreements of a time deposit account and are displayed on the Time Deposit tab page:

Standard declaration of intent

The standard declaration of intent defines how the system reacts when the end of term is reached for the time deposit agreement. This response is executed if you have not manually created any future time deposit agreements.

For more information, see the documentation for the field in the system.

Phase

The life cycle of a time deposit agreement (and the time deposit account) can be divided into three phases:

·        The preliminary phase starts at the start of the contract for the time deposit account and ends at the end of the first day of the fixing phase.

·        The fixing phase starts on the actual start of term and ends at the end of term. During this phase, the agreed contract amount and the conditions are fixed, which means that they are not changed.

For more information, see Fixing Time Deposits.

·        The maturity phase starts at the end of term for the time deposit agreement. During this phase, you can change the data of the time deposit agreement, such as the standard declaration of intent or the contract amount for a subsequent agreement.

For more information, see the Calling Time Deposits section of the SAP Library.

The current phase is displayed in the Phase group box on the Time Deposit tab page of an account 

 

Phases of a Time Deposit Account

If the relevant settings are made in the standard declaration of intent and the actions at end of term, then the system executes automatic rollover of the time deposit agreement.

It is possible to define a grace period for the transition into a subsequent agreement (by rollover or manual scheduling).

Grace period for time deposit

For more information on the agreements made when you create a contract for a time deposit agreement, see Editing Time Deposit Agreements.

Structure

For time deposits we differentiate between master data and flow data.

·        Master Data

The master data of a time deposit is managed by contract element: time deposit (BCFD).

·        Transaction Data

The flow data of a time deposit is monitored and controlled by life cycle control: time deposit.

For more information, enter transaction fs_am_tech_doc (Technical Documentation FS-AM) and see the Fixed-Term Deposit section and subsections.

·        Contract element: Time deposit (BCFD)

·        Life cycle control: Time deposit

·        Time deposit events

The structure definition of a time deposit is divided into attributes, methods and customer enhancements.

Attributes

·        Time deposit (contract data)

·        Phase

·        Standard declaration of intent

·        Close Accounts

·        Term variant

·        Contract currency

·        Minimum contract amount

·        Maximum contract amount

·        Provision period (days)

·        Preliminary period for notice of maturity (days)

·        Minimum term (number)

·        Maximum term (number)

·        Create confirmation of new creation

·        Create confirmation of re-creation

·        Create repayment confirmation

·        Time deposit agreement number

·        Start of Term

·        Term (number)

·        Term (unit)

·        End of Term

·        Latest start of term

·        Notice of maturity (date)

·        Time deposit status

·        Fixed end of term

·        Contract Amount

·        Delta amount

·        Contract currency

·        Contract amount determination type

·        Full payoff

·        Interest usage (term)

·        Interest usage (end of term)

·        Calculation of capital yield tax

·        Create notice of maturity

·        Source

·        Minimum additional deposit

·        Maximum additional deposit

·        Increment of the additional deposit

·        Allow debit during fixing phase

·        Time deposit grace period (days)

·        End of time deposit grace period

·        Interest forfeited if cancellation in time deposit grace period

·        Start of rate lock period

·        Rate lock period (number)

·        Rate lock period (unit)

·        End of rate lock period

·        Reason for rate lock period

Methods

In Account Management (FS-AM), you can use one of the following channels for processing objects:

·        Dialog

·        Business Application Programming Interface (BAPI)

·        Direct Input (DI)

The following overview shows which methods of a time deposit can be called up via which channel:

Dialog

Individual processing:

Transaction Code	Short description
Transaction bca_rc_ftd_next_due	Display Fixed-Term Deposit Dates
Transaction bca_rc_ftd_fix_sng	Fix Time Deposit
Transaction bca_rc_ftd_due_sng	Call Time Deposit
Transaction bca_rc_ftd_rev_sng	Undo Fixed-Term Deposit Action
Transaction bca_rc_ftd_cor_sng	Create Notice of Maturity
Transaction bca_rc_ftd_pen_calc	Calculate Early Withdrawal Penalty

 

Mass processing:

Transaction Code	Short description
Transaction bca_rc_ftd_fixing_pp	Fix Time Deposits
Transaction bca_rc_ftd_due_pp	Call Fixed-Term Deposits
Transaction bca_rc_ftd_duecor_pp	Create Notices of Maturity

Business Application Programming Interface (BAPI)

A time deposit does not have its own BOR object, as does the product change (account) for example, because the master data of a time deposit is part of the master data of the account. You can edit the master data of a time deposit with the following BAPIs:

·        CMAccountAM.FixedTermDepositGetDetail

·        CMAccountAM.FixedTermDepositChange

There are no BAPIs available for the flow data of a time deposit (such as fix time deposit).

Direct Input

For time deposits, direct input is implemented for the data of contract element: time deposit (BCFD).

Customer enhancements

The following Business Transaction Events (BTEs) are available for time deposits:

 

Publish & Subscribe-BTEs

BTE	Short description
0BCA2701	Time deposit (OPEN SINGLE)
0BCA2702	Fix time deposit (SET SINGLE)
0BCA2703	Actions at latest start of term (SET SINGLE)
0BCA2704	Actions for inconsecutive rollover  (SET SINGLE)
0BCA2705	Create notice of maturity (SET SINGLE)
0BCA2706	Call time deposit (SET SINGLE)
0BCA2707	Undo fixing (SET SINGLE)
0BCA2708	Undo calling (SET SINGLE)
0BCA2709	Time deposit (CHECK SINGLE)
0BCA2710	Time deposit (PREPARE ALL)
0BCA2711	Time deposit (SAVE ALL)
0BCA2712	Time deposit (RESET ALL)

 

Process BTEs

BTE	Short description
0BCAA110	Print correspondence type BA11
0BCAA111	Request for correspondence type BA11
0BCAA120	Print correspondence type BA12
0BCAA121	Request for correspondence type BA12
0BCAA130	Print correspondence type BA13
0BCAA131	Request for correspondence type BA13
0BCAA140	Print correspondence type BA14
0BCAA141	Request for correspondence type BA14

Integration

You make the settings for life cycle control of a time deposit in Customizing for Account Management (FS-AM) under Product Management ® Life Cycle Control for Time Deposits in the following IMG activities:

·        Edit Start of Term Variants

·        Edit Term Variants

·        Check Term Variants

·        User Determination for Time Deposit

You make the settings in the product in Customizing for Account Management (FS-AM) under Product Management ® Product Definition ® Account Products ® Create Account Product/Change Account Product ® Next Screen ® Used Attributes ® Time Deposit Agreement.