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Enhancement for garnishments, Germany: Discount rate

Description

Data for calculating interest is entered in infotype 0113, Garnishment Interest (D).

There are garnishment rulings in which interest is calculated for the amount owed using the discount rate of the German Bundesbank.

Until now, it was necessary to determine this interest rate and modify it each time the discount rate was changed. Since it changed regularly, this resulted in a great deal of extra work.

Due to this, it is now possible to specify that the interest is to be taken from the discount rate in the Interest calculation type field in infotype 0113 and the fixed amount by which the discount rate is to be raised in the Interest rate field.

Change system parameters in customizing

The discount rates are stored in the constant Garnishment discount rate (PFDIS) . When the discount rate is changed, you need only maintain the constants and interest calculation is then performed with the discount rate valid for the period in question. For further information, please see Change discount rate in the implementation guide.