Group Box Editing Value Dates
In the Value Date
group box on the Calculation Periods
tab page, you edit the fields for a condition that belong to date category 205010 Value Date
.
The value date is the date on which the system posts a payment item to an account for valuation purposes. The value date balance changed by these payment items is the calculation base for the interest calculation on the account. This function enables you to differentiate the value date conditions of your payment items according to different payment transactions, and to control them according to calendar requirements.
You can use the differentiation of the transaction type, for example, to control for which type of payment items the value date condition applies. The differentiation options that are available to you depend on the differentiation categories that you have assigned to the relevant condition type in Customizing for the condition types. For more information, see Differentiation Category.
The details you enter on this tab page for the value date condition are mainly used for the following:
If a value does not exist for a payment item the system determines the value date when it posts the payment item.
If a value date exists for a payment item, the system checks whether it is within the tolerance range for the value date condition.
Procedure
You can make the following settings:
In the
Condition Form
field, you can enter the use for the condition.Enter the number of days by which you want to shift the value date (relatively to the posting date) into the future (positive sign) or past (negative sign).
Enter the type of days, for example, calendar days or working days.
You can enter a working day shift.
The working day shift specifies whether, and by how many days, the value date is to be shifted if it falls on a Sunday or a public holiday. You can set this option by itself, or as a supplement of the number of days by which the value date is to be shifted.
For more information, see Shifting Dates
You can enter up to five calendars for the working day shift.
If you enter the working day shift, enter at least one calendar for this.
NoteThe system uses the calendars that you enter to calculate a working day based on the working day shift. A working day must be a working day in all the calendars.
End of the note.You can enter tolerance days - value date minimum and tolerance days - value date maximum to ensure that the difference between the value date and the posting date does not exceed a certain period.
If a payment item has a predefined value date, it can differ from the value date that is determined in the condition. In the
Tolerance Days - Value Date Minimum
andTolerance Days - Value Date Maximum
fields you enter the limits for the tolerance range (the maximum number of days the value date specification is allowed to be in the past or the future).The settings in your application determine how they system processes payment items whose value date lies outside of the tolerance range.
Enter a value for the value date time determination category. For more information, see Editing Intraday Interest Calculation.
You can make all the above settings independent of amounts by entering Tiered Calculation as value in the
Tiered or Interval Calculation
field. By doing so you can enter different values in theTiered Calculation
table control depending on the transaction amount. You can also make the following settings:In the
Condition Item (Upper and Lower Limits)
field, enter whether the tiers are upper limits or lower limits.In the
Amount Limit for Date or Amount Components
, enter the respective upper or lower limit. The setting you make for each tier are valid from or valid to this amount.When you edit an individual condition whose replacement category has the value Selective Replacement and in which fields can be edited in different items, you can edit individual values for each number of the condition item.
For more information, see Individualization.
Result
You have defined a value date condition.