I hope I understood correctly you question.
I created an example if this works let me know.
T.code (TM_51
) transaction and you must enter data as follows (example):
Company code:
Product type: 55A
Transaction type: 200
Partner: BP
Choose Enter
.
On the Structure
tab page, enter data as follows:
In the borring
group box, enter the investment amount.
In the Term
group box, enter the start and end date of the investment, and choose End Inclusive
for the calculation period.
- In the
Interest Structure
group box, chooseVariable
as the interest form, (and your interest) in this example CDI as the reference interest rate,ActW/252
(work Days) as the interest calculation method, andBR
as the interest calendar. - Detail View Int. Conditions (The puzzle)
In the (Update) choose the frequency, in your case monthly.
End of interest period the date of the first payment as the due date.
Go back and then click on Conditions:
The next screen selects the Interest Rate Adjustment
(1210) condition and choose Edit
Select Conditions
.
Now the trick part:
In the Interest Rate Adjustment
group box, choose Regular
as the rule for the date update with 1 calendar day, enter the interest rate adjustment date, and choose No Shift
as the calendar rule.
In the Interest Rate Fixing Date
group box, choose Relative
as the rule for the date update, and enter –1 working days, and calendar.
Go Back:
In the repayment structure
group box, enter the repayment method
.
Choose the frequency, in your case monthly of the interest.
Check the calculation on the Cash Flow
tab page.
