Amount Category 105040 - Overdraft Interest

You use this amount category to represent an interest rate that can be debited to the customer during the settlement tasks. You use overdraft interest if a customer exceeds the committed credit limit.

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 the tiers of condition determination

Basic Data

The following fields are always available for editing a condition with the amount category 105040 (Overdraft 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
Condition
In condition type Customizing, the Condition Determination checkbox is selected.	No	Yes	Yes	Yes
In condition editing, you have selected a usage period and a determination period on the Condition Determination tab page.	-	No	Yes	Yes
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
Action
Action 1: The system displays the fields for specifying a simplified interest rate.	x	x	x
Action 2: The system displays fields for specifying the interest rates for the tiers of condition determination.				x

Action 1: Specification of a Simplified Interest Rate

The Tiers for Condition Determination field has the value 0 (No Tiered Condition Determination).

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: 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 table control Tiers for Condition Determination displays the following fields for specifying interest rates for the tiers of condition determination:

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

Note Note

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 Customizing.

End of the note.

More Information

Editing the Overdraft Interest Group Box

Amount Category