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Object documentationAmount Category 105020 - Debit Interest

 

You use this amount category to represent an interest rate that can be debited to the customer during the settlement tasks.

This amount category supports condition determination.

Structure

The basic data for the calculation of interest is available in condition processing. Depending on the settings in condition type Customizing and in condition editing, you can define the following interest rates:

  • Simple interest rate

  • Interest rates for tiered, interval or mixed tiered and interval calculation

  • Interest rates for the tiers of condition determination

  • Interest rates for the complex tiers of condition determination

Basic Data

The following fields are available for editing conditions in the amount category 105020 (Debit Interest):

  • Condition Form

  • Interest Calculation Method

  • Interest Calendar

    Note: If you choose actW / 252 in the Interest Calculation Method field, the system displays the Interest Calendar field.

  • 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 select the checkboxes percentage-based reduction and amount-based reduction in the dialog structure amount category in condition type Customizing for 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

Check in sequence which conditions apply to your settings. The system responds to the rule derived from these conditions. An action defines which fields are available.

Rule

1

2

3

4

5

6

7

Condition

In condition type Customizing, the Condition Determination checkbox is selected.

No

No

Yes

Yes

Yes

Yes

Yes

In condition editing, you have selected a usage period and a determination period on the Condition Determination tab page.

-

-

No

No

Yes

Yes

Yes

On the Calculation tab page in condition editing, the value in the Tiered or Interval Calculation field is 0 (no tiered or interval calculation).

Yes

No

Yes

No

-

-

-

In condition editing, the value in the Tiers for Condition Determination field is 0 (no tiers for condition determination) on the Calculation tab page.

-

-

-

-

Yes

-

-

In condition editing, the value in the Tiers for Condition Determination field is 1 (Tiers for condition determination) on the Calculation tab page.

-

-

-

-

-

Yes

-

In condition processing, the Tiers for Condition Determination field has the value 2 (Complex tiers for condition determination) on the Calculation tab page.

-

-

-

-

-

-

Yes

Action

Action 1:

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

x

x

x

Action 2:

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

x

x

Action 3:

The system displays fields for specifying the interest rates for the tiers of condition determination.

x

Action 4:

The system displays fields for specifying the interest rates for the complex tiers of condition determination.

x
Action 1: Specification of a Simplified Interest Rate

The value of the Tiered or Interval Calculation (Item) field is 0 (no tiered or interval calculation).

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

  • 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

  • Formula Description

Action 2: Specification of Interest Rates for Tiered, Interval or Mixed Tiered and Interval Calculation

The value in the Tiered or Interval Calculation (Item) field is not 0.

The Condition Item (Upper and Lower Limit) field is available. In the Tiered Calculation, Interval Calculation, and Mixed Tiered and Interval Calculation screen areas, the following fields for the specification of interest rates for tiered, interval or mixed tiered and interval calculation are displayed:

  • Amount Limit (Screen Output)

  • Percentage Rate

  • 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 Description

Action 3: Specifying interest rates for the tiers of condition determination

The value in the tiers for condition determination field is 1 (tiers for condition determination).

The fields for the specification of interest rates for tiered condition determination are identical to the fields for tiered calculation (see Action 2). These are displayed in the Tiers for Condition Determination screen area. The Condition Item (Upper and Lower Limit) field is an exception that is not available for condition determination of tiers.

Note Note

Note the following difference between tiered calculation and tiers for condition determination:

The reference value for the tiers in tiered calculation is the calculation basis that is set in condition type Customizing. The system also uses the interest rate of the determined tier on the result calculation type as the calculation basis defined in condition type Customzing.

The system determines the reference value for the tiers in condition determination based on the settings on the Condition Determination tab page, such as turnover class, period of use, and determination period. The system uses the interest rate of the determined tier on the result calculation type as the calculation basis defined in condition type Customzing.

End of the note.
Action 4: Specifying Interest Rates for the Complex Tiers of Condition Determination

  • Defininition of the complex tiers of condition determination.

    The value in the Tiers for Condition Determination field is 2 (complex tiers for condition determination).

    The Complex Tiers for Condition Determination screen area displays the following fields for defining the complex tiers of 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.

    If you select a line and choose Item Details in the Complex Tiers for Condition Determination screen area, the system displays different fields depending on the value in the Tiered and Interval Calculation (Item) field.

    • The value in the Tiered and Interval Calculation (Item) field is 0 (no tiered or interval calculation).

      The system displays the fields for specifying a simple interest rate (see Action 1).

    • The value in the Tiered or Interval Calculation (Item) field is not 0.

      The system displays the fields for specifying interest rates for tiered, interval, and mixed tiered and interval calculation (see Action 2).

More Information

Editing the Credit or Debit Interest Group Box

Amount Category