Special Features of Interest Condition Items (SAP Library - SAP Financial Supply Chain Management (FIN-FSCM))

Special Features of Interest Condition Items

When entering items for an interest condition, you must enter additional interest data.

Specify either

a fixed interest rate in percentage points or alternatively

a reference interest rate (internal reference interest rate such as standard interest rate for the product or external reference interest rate such as the LIBOR) with appropriate markups or markdowns. Make entries in the fields as follows:

Enter the interest markup / markdown in percentage points (absolute). Markdowns are identified by a minus sign after the amount. Markups have no +/- sign.

For those interest conditions that depend on a reference rate, the minimum and maximum interest rate limit the lower and upper interest amount respectively. Specify these interest rates in percentage points.

Note

You can update the values for the reference interest rates by choosing Current settings ® Define reference interest rates.