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 Amount Category 105040 Overdraft Interest

You use this amount category to represent an interest rate that can be debited to the customer in the closing tasks.You use overdraft interest if the customer exceeds the committed credit limit but is still within the tolerated overdraft limit.

Amount category 105040 (Overdraft Interest) supports condition determination.

Structure

This section is divided into the following parts:

  • Basic Data about interest calculation

  • Specification of the interest rate

    • Specification of a simplified interest rate

    • Specification of interest rates for the tiers of condition determination.

    • Specification of interest rates with predefined tiers for complex condition determination.

      • Definition of the complex tiers of condition determination.

      • Specification of interest rates for the complex tiers of condition determination.

Basic Data about Interest Calculation

The following fields are always available to you for editing a condition with the amount category 105040 (Overdraft Interest) :

  • Condition Form

  • Interest Calculation Method

  • Interest Calendar

  • Rounding Category

  • Rounding Unit

  • Payment Currency

  • Time Unit for the Interest Rate

  • Interest Calculation

  • Interest Settlement Frequency

    If you select the value X ( exponential) in the field interest calculation , the system displays the field interest settlement frequency .

The following fields are available, if you set the indicators percentage-based reduction and amount-based reduction in the dialog structure amount category in Condition Type Customizing of your application:

  • Reduction of Percentage Rate

  • Reduction of Amount

  • Reduction of Reference Interest Rate

  • Reduction of Minimum Interest

  • Reduction of Maximum Interest

Specification of the Interest Rate

Depending on which rule from the following decision table applies, the system displays different fields:

Decision Table for Specifying the Interest Rate

Rule

1

2

3

4

5

Condition

The indicator condition determination is set in Condition Type Customizing

Yes

No

Yes

Yes

Yes

You have selected a period of use and a determination period on the Condition Determination tab page.

No

-

Yes

Yes

Yes

The field Tiers for Condition Determination has the value 0 (no tiers for condition determination ) on the Calculation tab page.

-

-

Yes

-

The field Tiers for Condition Determination has the value 1 (tiers for condition determination ) on the Calculation tab page.

-

-

-

Yes

-

The field Tiers for Condition Determination has the value 2 (complex tiers for condition determination ) on the Calculation tab page.

-

-

-

-

Yes

Action

The systems displays the fields for Specifying a simplified interest rate .

x

x

x

The system displays fields for Specifying the Interest Rates for the Tiers of Condition Determination .

x

The system displays fields for Defining the Complex Tiers of Condition Determination .

x

The system displays fields for Specifying the Interest Rates for the Complex Tiers of Condition Determination .

x

Legend

Value

Description

Yes

The condition applies.

No

The condition does not apply.

-

The condition is not relevant for this rule.

X

Action that the system executes when a certain combination of conditions exists.
Specification of a simplified interest rate

The following fields are used to specify a simplified interest rate.

  • Percentage Rate

  • Reference Interest Rate

  • Absolute/Relative Markup/Markdown for Reference Interest Rate

  • Markup/Markdown Reference Interest Rate

  • Minimum Interest Rate

  • Maximum Interest Rate

  • Formula

Specification of interest rates for the tiers of condition determination.

The following fields are used to specify the interest rates for the tiers in condition determination. They are displayed on the Table Control Tiers for Condition Determination .

  • Tiers for condition determination

  • Lower/Upper Limit

  • Percentage Rate

  • Percent

  • Reference Interest Rate

  • Absolute/Relative Markup/Markdown for Reference Interest Rate

  • Markup/Markdown Reference Interest Rate

  • Minimum Interest Rate

  • Maximum Interest Rate

  • Edit Formula

  • Formula

Specification of interest rates with predefined tiers for complex condition determination.

  • Definition of the complex tiers of condition determination.

    The following fields are used to define the complex tiers in condition determination. They are displayed on the Table Control Complex Tiers for Condition Determination .

    • Tiers for condition determination

    • Amount limit of complex levels for condition determination

    • Tiered/Interval calculation (Position)

    • Condition Position (Upper/Lower Limit)

    • Text for Tiered/Interval Condition Position

  • Specification of interest rates for the complex tiers of condition determination.

    The following fields are used to specify the interest rates for the complex tiers in condition determination. If you mark a line in the Group Box Complex Tiers for Condition Determination and select Detail, the following additional fields are displayed depending on the value in the field Tiered/Interval Calculation .

    • The field Tiered/Interval Calculation (Position) has the value 0 (no tiered/interval calculation ).

      The systems displays the fields for Specifying a Simplified Interest Rate (see above).

    • The field Tiered/Interval Calculation (Position) has a value that is not 0 (no tiered/interval calculation ).

      The system displays fields for Specifying the Interest Rates for the Complex Tiers of Condition Determination (see above).

Use

You can place the fields for amount category 105040 (Overdraft Interest) in the following group box: