The interest calculation period is demarcated by an upper and a lower limit (i.e. dates). The days in between these two dates are those for which interest is calculated.
There are two methods for determining the interest calculation period in the SAP system:
- You always determine the interest calculation period manually. In this case, you must enter the period yourself for every interest calculation run. You do not need to enter any additional data when determining an interest calculation period.
- You let the system determine the interest calculation period automatically. In this case, the system determines the period according to rules you have specified. You can define these rules either per account or per interest indicator.
Defining the Interest Calculation Period Manually
Automatic Determination of the Interest Calculation Period
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