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net payment amount

Definition

The net payment amount of a transaction is the sum of the payment amounts of all flows (in the currency of the main flow) for this transaction.

Requirement

To include a flow in the net payment amount calculation for a transaction, set the 'Net payment amount' indicator in Customizing for the Securities area by choosing Define Transaction Flow Types.

Example

1:

A purchase with a nominal value of 100,000 EUR for a fixed-interest security at 95%. Accrued interest of 1,000 EUR is incurred and a commission of 142.50 EUR is charged.

This produces the following flows:

FType Name Pmnt amnt Curr.

0100 Purchase 95,000 EUR

0870 Accrued int. 1,000 EUR

0302 Commission 142.50 EUR

The net payment amount comes to 96,142.50 EUR.

Example

2:

A sale with a nominal value of 100,000 USD for a fixed-interest security at 98.5%. The seller is entitled to accrued interest of 1,400 USD of which 420 USD is taxed, and a commission of 142.50 EUR is charged.

This produces the following flows:

FType Name Pmnt amnt Curr.

0200 Sale 98,500 USD

0870 Accrued int. 1,400 USD

0306 Int.income tax 420.00 USD

0302 Commission 142.50 EUR

The net payment amount comes to 99,480 USD.