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Former Member
Dec 27, 2012 at 10:56 AM

Interest calculation for FD's


Hi All,

I have created the product type (51A) for FIXED DEPOSITS transaction in money market and done the necessary testing. I have 2 concern related to this product type.

1) (1) While creating transaction in TM01 for FD, In case of nominal interest the system is not picking the “Calculation to” date properly. It is eliminating the last date of the transaction. For example I have created the transaction for which the start date is 01/04/2012 and the end term is 30/11/2012. The system taking the interest end date as 29/11/2012 i.e. the system is calculating the interest for 273 days instead of 274 days.

I changed the conditions for nominal interest. I have checked the MONTH END and INCLUDE check boxes for the interest condition.

(2) The system is updating only “term start date” (DBLFZ), but not updating the “end of term” (DELFZ) in the table VTBFHA, VTBFHAPO

Please let me know how to resolve these 2 issues.