The system now supports the DCS-based entry and pricing for commodity swaps.
For the price determination of commodity forward indexes, the Timing
field has been added to the entry screen for DCS-based commodity forwards with average prices (manual entry or by using the BAPI). When entering a DCS-based commodity swap by using a commodity forward index, you can enter one of the following entries in the Timing
field: Daily, Weekly, Monthly, Quarterly, Half-Yearly, Yearly.
(Comment: The Time to Maturity
field is provided for the DCS-based derivative category Commodity Futures
.) If no entry is selected in the Timing
field, the system automatically determines the nearest available Timing
. If, for example, monthly or quarterly settlement prices are available, then the monthly prices are applied during price determination.
Note: For a selected combination of DCS ID, MIC, physical commodity, and timing, commodity prices must be available in the system (see transaction FDCS17
).
Technical Name of Product Feature | COMMRM_DCS_CFI_SWAP |
---|---|
Product feature is | New |
Country Dependency | Valid for all countries |
Software Component Version | EA-FINSERV 617 |
Application Component | FIN-FSCM-TRM (Treasury and Risk Management) FIN-FSCM-TRM-BF (Basic Functions) FIN-FSCM-TRM-TM (Transaction Manager) FIN-FSCM-TRM-CRM (Commodity Risk Management) |
Availability | SAP Enhancement Package 7 (SP04) for SAP ERP 6.0 |
Required Business Function(s) | FIN_TRM_COMM_RM_4 |
For the commodity swap price determination (forecast prices or price fixation) based on the commodity forward index, a DCS with the derivative category 201
- Commodity Forward Index
is defined in the Customizing activity Specify Derivative Contract Specification
(FDCS01
). You can find this setting under .
The setting for the period determination you can find under
.