I am trying to config a Security bond product similar to 04K ( united quoted ):
Requirement are as follows:
I will enter the Nominal Value as 1000
Per unit Rate : 500000
Hence Total Purchase Value becomes: RS. 50,000000.00 ( Update TYpe SE1000 )
Bond is for 5 years and yearly interest flow should generate on purchase value Rs. 50, 000000 as per 10% per annum
every year.
Hence in Cash flow Update Type SAM5009 ( for unit quoted where Calculation formula = TVST) Units = 1000
Base Value should be 50,000000 and condition amount means interest amount should be Rs. 5000000 every year.
But system is calculating Base value = 1000 * 1000 = 1000000 and interest amount = Rs. 10000.
Also can any one guide me should be rest of the configuration like position management and accounting determination for purchase, Interest Receivable , TDS on interest and Sale of bond.