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 Amount Category 105030 - Credit Interest

Definition

You use the amount category to represent an interest rate that can be credited to the customer in the closing tasks.

The amount category 105030 (Credit Interest) supports condition determination.

Structure

This section is divided as follows:

  • Basic Data About Interest Calculation

  • Specification of the Interest Rate

    • Specification of a Simplified Interest Rate

    • Specification of interest rates for tiered calculation, interval calculation, and mixed tiered and interval calculation

    • 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 for editing a condition with the amount category 105030 (Credit Interest):

  • Condition form

  • Interest calculation method

  • Interest calendar

  • Rounding type

  • Rounding unit

  • Payment currency

  • Time unit for the interest rate

  • Interest calculation

  • Interest settlement frequency

    If you choose the value X (Exponential) in the Interest Calculation field, the system displays the Interest Settlement Frequency field.

The following fields are available if you set the Percentage-Based Reduction indicator and Amount-Based Reduction indicator 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

6

7

Condition

The Condition Determination indicator is set in Condition Type Customizing.

Yes

Yes

No

No

Yes

Yes

Yes

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

No

No

-

-

Yes

Yes

Yes

The Tiered or Interval Calculation field has the value 0 (no tiered or interval calculation) on the Calculation tab page.

Yes

No

Yes

No

-

-

-

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

-

-

-

-

Yes

-

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

-

-

-

-

-

Yes

-

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

-

-

-

-

-

-

Yes

Action

The system displays the fields for specifying a simplified interest rate.

x

x

x

The system displays the fields for specifying interest rates for tiered, interval, and mixed tiered and interval calculation.

x

x

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

Key

Value

Meaning

Yes

Condition applies.

No

Condition does not apply.

-

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

You use the following fields to specify a simplified interest rate:

  • Tier/interval

  • 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 Tiered Calculation, Interval Calculation, and Mixed Tiered and Interval Calculation

The following fields are used to specify interest rates for tiered, interval, and mixed tiered and interval calculation. They are displayed on the table controls Tiered Calculation, Interval Calculation, and Mixed Tiered and Interval Calculation, or Tiers for Condition Determination.

  • Tier/interval

  • Upper/lower limit

  • Lower/upper limit

  • Percentage

  • 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 and interval calculation (item)

    • Condition item (upper and lower limit)

    • Text for tiered/interval condition item

  • 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 Complex Tiers for Condition Determination group box and select Detail, the following additional fields are displayed depending on the value in the Tiered/Interval Calculation field:

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

      The systems displays the fields for specifying a simplified interest rate (see above).

    • The Tiered/Interval Calculation (Item) field does not have the value 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 105030 (Credit Interest) in the following group box:

  • Credit Interest Group Box