This feature enables you to use the maturity selection function to determine what kinds of quotations are used in the CPE formula evaluation.
In a quotation rule, you can define the parameters that control the maturity selection function in the CPE term of a business document. For more information about the quotation rule, see Pricing: Quotation Rule.
You can select the maturity of a DCS-based quotation by choosing one of the following values of the Maturity Selection Type
field:
Quotation-Date-Based
: The system automatically performs the maturity selection after the determination of the quotation period. The system selects price quotations of commodity futures by using the Time to Maturity
field and the current quotation date. The system selects price quotations of commodity forward indexes by using the Timing
field and the current quotation date.
Note
For specific data constellations, it is possible that the system uses price quotations from multiple maturities.
For the commodity forward index, the Timing
field is mandatory.
Key-Date-Based
: The system automatically performs the maturity selection before the determination of the quotation period. The system determines the maturity key date automatically by a maturity selection routine. This routine selects a maturity key date for a DCS period type starting from the base date. The base date is calculated from a reference date and an optional date offset.
Note
The system uses price quotations from only one maturity.
Manual
: You select the maturity manually in the document either using the maturity key date or the maturity description.
Note
The system uses price quotations from only one maturity.
Note
For commodity forward indexes, the system automatically uses quotations of period type Quotation Period Settlement
and sets the maturity selection type to Quotation-Date-Based
.
The existing CPE formula evaluation logic corresponds to the quotation-date-based approach.
You can control how the key-date-based approach works in detail by specifying the following parameter values in the quotation rule:
Reference date routine for maturity selection: Specifies the routine that determines the reference date for the automatic selection of a maturity key date. Available preconfigured values are the same as for the reference date routine in the period determination rule.
Date offset routine for maturity selection: Specifies the routine that determines the date offset applied on the reference date value. Available preconfigured values are the same as for the date offset routine in the period determination rule.
Maturity selection routine: With this routine you can control how the system automatically selects a maturity key date that uniquely identifies a maturity.
Period type: Specifies the periods that describe the maturity of a derivative contract specification (DCS) ID. The possible values for the period type depend on the derivative category of the DCS ID.
You can select the maturity key date manually in a business document in the following ways:
In the Maturity Description
field and in the Maturity Key Date
field you can use the search help. The value list of the search help proposes all key dates of maturities that are traded after the pricing date. You can override the proposal by entering a value in the Price Date
field.
In the Maturity Description
field, you can enter a text using wildcards.
Technical Name of Product Feature |
|
---|---|
Product Feature Is | New |
Country Dependency | Valid for all countries |
Software Component Version |
|
Application Component | Commodity Management in Logistics ( |
Availability | SAP Enhancement Package 7 (SP04) for SAP ERP 6.0 |
Required Business Function |
|
The reference date routine for maturity selection reuses the implementations of the Reference Date and Time Routine
.
The date offset routine for maturity selection reuses the implementations of the Date Offset Routine
.
The maturity selection function introduces the BAdI definition BAdI: CPE Formula Evaluation Maturity Selection
within the CPE formula evaluation. We deliver the following standard implementation that you can display in Customizing under with the value Nearby Maturity
.
If you want to create your own BAdI implementation, you make the Customizing settings under
.You can choose all routines in the quotation rule in Customizing under
.